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SG state investor Temasek adds two industry leaders to its board

Temasek Holdings has expanded its board with Tan Chong Meng starting 1 April 2024, and Geoffrey Wong joining on 10 May. These...

Thai business group keeps growth outlook at 2.8%-3.3%

Apr 4

Thai business group keeps growth outlook at 2.8%-3.3%

Thailand’s economy is forecasted to grow by 2.8% to 3.3% this year amid risks from sluggish exports and domestic demand. The Joint...

Active online investors in Hong Kong dip to 840,000

Apr 4

Active online investors in Hong Kong dip to 840,000

The 2023 Hong Kong Online Investing Report by Investment Trends shows a decline in active online investors from 900,000 to 840,000, but...

Korea, Japan lead in Asian buyouts, says MBK Partners

Apr 3

Korea, Japan lead in Asian buyouts, says MBK Partners

Michael ByungJu Kim, co-founder of MBK Partners, highlighted South Korea and Japan as top buyout markets in Asia, with China also showing...

Bitkub seeks financial advisors for planned 2025 IPO

Apr 3

Bitkub seeks financial advisors for planned 2025 IPO

Bitkub Capital Group Holdings, Thailand’s leading crypto exchange owner, plans a 2025 IPO on the Stock Exchange of Thailand, according to...

Singapore makes first conviction in massive USD2.2bn money laundering probe

Apr 3

REGULATION

Singapore makes first conviction in massive USD2.2bn money laundering probe

Su Wenqiang, a Cambodian passport holder implicated in a SGD3bn (USD2.2bn) money laundering case, was sentenced to 13 months in jail, the...

World Bank predicts dip in Asia-Pacific economic growth

Apr 3

World Bank predicts dip in Asia-Pacific economic growth

The World Bank reports that developing economies in East Asia and the Pacific are facing slower growth due to sustained high-interest...

World Bank cuts Thailand growth forecast

Apr 2

World Bank cuts Thailand growth forecast

The World Bank forecasts Thailand’s economic growth to hit 2.8% this year, with a slight increase to 3.0% in 2025, revised down from...

Insurtech Qoala raises USD47m, led by PayPal Ventures, MassMutual

Apr 2

Insurtech Qoala raises USD47m, led by PayPal Ventures, MassMutual

Insurtech Qoala has successfully raised USD47m in a Series C funding round, led by PayPal Ventures and MassMutual Ventures, with...

Japanese banks warm up to financing hostile takeovers

Apr 2

Japanese banks warm up to financing hostile takeovers

Japanese banks are now more open to financing hostile acquisitions, influenced by new government takeover guidelines that challenge the...

Southeast Asian central banks join payment initiative

Apr 2

REGULATION

Southeast Asian central banks join payment initiative

Brunei Darussalam Central Bank, BDCB, and Bank of the Lao PDR, BOL, have officially joined the initiative, bringing the total to eight...

Smart City Summit highlights need for public-private collaboration

Apr 1

Smart City Summit highlights need for public-private collaboration

At the 2024 Smart City Summit and Expo in Taipei, ICT industry leaders emphasised the critical role of international partnerships in...

Apr 1

ASSET MANAGEMENT

HKEX CEO notes domestic preference in listings

Bonnie Chan Yiting, the newly-appointed chief executive of Hong Kong Exchanges and Clearing, noted a recent trend of companies preferring...

VP Bank names new wealth management head for Hong Kong

Apr 1

VP Bank names new wealth management head for Hong Kong

Liechtenstein-based VP Bank has appointed Will Wang as the new head of wealth management for Hong Kong and chief representative for the...

Apr 1

New tax incentives to spur Malaysia’s digital ecosystem

The Malaysia Digital Economy Corporation (MDEC), under the newly established Ministry of Digital, plans to introduce new Malaysia Digital...

HSBC launches USD150m venture debt, USD1bn ASEAN fund

Mar 29

PRIVATE EQUITY

HSBC launches USD150m venture debt, USD1bn ASEAN fund

HSBC announced a new USD150m venture debt offering, and a USD1bn ASEAN Growth Fund in Singapore, targeting new economy businesses,...

UOB announces leadership changes in global markets & its HK branch

Mar 29

UOB announces leadership changes in global markets & its HK branch

UOB has announced the appointments of Kelvin Ng as the new head of group global markets and Adaline Zheng as CEO of its Hong Kong branch....

Natalie Craig named CEO of Cushman & Wakefield Singapore CEO

Mar 29