Jun 3, 2024
ADB doubles climate financing to USD1bn in 2023
The Asian Development Bank (ADB) announced it has increased its climate financing for private sector operations to USD1bn in 2023, with...
May 31, 2024
SE Asia’s PE market struggles with IPO exits
The Southeast Asian private equity (PE) market is facing challenges, particularly with IPO exits, according to Bain & Company’s 2023...
May 31, 2024
Hong Kong’s SFC warns crypto platforms against unlicensed activities
Hong Kong’s Securities and Futures Commission (SFC) has issued a reminder to virtual asset trading platforms about avoiding unlicensed...
May 31, 2024
BNPL to account for 2% of total spending in Singapore by 2027
Buy now, pay later (BNPL) services will continue as a key payment option in Singapore, maintaining a steady 2% of total spending by 2027,...
May 31, 2024
IMF upgrades China’s growth forecast
The International Monetary Fund (IMF) has raised its economic growth forecast for China to 5% this year, up from 4.6%, following a strong...
May 30, 2024
Bank of Singapore forms global investment advisory council
The Bank of Singapore, OCBC’s private banking arm, has launched an independent investment advisory council composed of global experts...
May 30, 2024
Thailand to issue first government SLBs in Asia, aiming for USD1.1bn
Thailand plans to issue up to USD1.1bn in baht-denominated sustainability-linked bonds (SLBs) in Q4, marking Asia’s first government-led...
May 30, 2024
Singapore’s largest money laundering case expands with new charges
Su Jianfeng, facing Singapore’s largest money laundering case with over SGD3bn (USD2.2bn) involved, received two additional charges under...
May 30, 2024
Chinese savers flock to asset managers amid low bank yields
In China, non-bank financial institutions like asset managers are benefiting from a surge in liquidity, as savers move away from...
May 29, 2024
Taiwan sees economic uptick as business climate monitor shifts
Taiwan’s business climate monitor hit ‘yellow-red’, indicating a slight economic boom for the first time in two years, reported the...
May 29, 2024
South Korea’s finance minister plans bilateral talks with Japan, China
South Korean Finance Minister and Deputy Prime Minister Choi Sang-mok announced plans for bilateral meetings with his Japanese and...
May 29, 2024
AIA Group affirms commitment to Hong Kong headquarters
Edmund Tse Sze-wing, the independent non-executive chairman of AIA Group, emphasised that the insurer will not relocate its headquarters...
May 29, 2024
Hong Kong targets Middle East, Indonesia to boost family office hub status
Hong Kong is targeting the Middle East and Indonesia to attract family offices, aiming to enhance its status as a global hub for such...
May 28, 2024
Raffles Family Office names new Singapore CEO
Raffles Family Office has appointed Kendrick Lee as its new CEO for Singapore. Lee, a co-founder and managing partner at the multi-family...
May 28, 2024
Vietnam’s foreign investment pledges drop 42% in May
Foreign investment pledges to Vietnam fell 42% to USD1.8bn in May, compared to April, signaling potentially reduced future inflows for...
May 28, 2024
EQT closes MMG fund at USD1.6bn, targets Asia’s mid-market growth
EQT, the Swedish global investment firm, has successfully closed its BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD1.6bn. This...
May 28, 2024
CFA Institute launches new PE certificate programme
The Chartered Financial Analyst (CFA) Institute has launched a new private equity certificate programme tailored for professionals with...
May 27, 2024
Philippines’s first crowdfunding platform for SMEs to shut down
Investree Philippines Inc, the country’s pioneering crowdfunding intermediary and funding platform, is set to cease operations by...
May 27, 2024
Nearly 99,000 enterprises enter Vietnamese market in early 2024
In the first five months of this year, 98,825 enterprises either entered or re-entered the market in Vietnam, marking a 4.1% increase...
May 27, 2024
Deutsche Bank’s DWS strengthens APAC presence with new CIO
Deutsche Bank’s asset management arm, DWS, has named Matthias Naumann as its chief investment officer for real estate in the Asia...