

Vietnam PM urges banks to implement Basel III
Vietnamese Prime Minister Phạm Minh Chính has instructed the State Bank of Vietnam (SBV) to consider commercial banks’ proposals on...
1 day ago


Thai insurers rethink disaster policies after earthquake
Thailand’s insurance industry is preparing to discontinue free earthquake coverage and introduce standalone policies following the recent...
1 day ago


Global investors urge Korea to pass corporate governance reform
The Asian Corporate Governance Association (ACGA) has urged Korea’s National Assembly to approve revisions to the Commercial Act,...
Dec 26, 2024


Indonesia secures USD7.4bn in new Chinese investments
Indonesia secured USD7.4bn in new investment commitments from China, covering polysilicon, fiberglass, polyethylene terephthalate (PET),...
Dec 26, 2024


World Bank identifies excessive tax evasion and too few audits in Indonesia
At least one in four Indonesian firms evaded tax last year, a World Bank survey found, citing perceptions of widespread tax avoidance and...
Dec 19, 2024


Vietnam set to beat 7% GDP growth target for 2024
Vietnam's GDP growth is on track to surpass its 7% target for 2024, aided by supportive policies and stronger export performance, Deputy...
Dec 19, 2024


Standard Chartered lowers HK’s 2025 growth forecast to 2.2%
Standard Chartered cut its 2025 economic growth forecast for Hong Kong to 2.2%, citing weaker exports, subdued consumption, and...
Dec 12, 2024

Japan’s 2024 bankruptcies poised to hit highest level since 2013
Japan’s bankruptcy filings are on track to surpass 10,000 this year, marking the highest level since 2013, according to Tokyo Shoko...
Dec 11, 2024


China’s M&A turnover slumps says UBS
China’s mergers and acquisitions (M&A) turnover dropped 10% year-to-date to USD297bn, extending a three-year decline, UBS said. However,...
Dec 6, 2024


Hong Kong ready to join RCEP, says chief Executive John Lee
Hong Kong is fully prepared to join the Regional Comprehensive Economic Partnership (RCEP), Chief Executive John Lee Ka-chiu said at the...
Dec 5, 2024


Affinity Equity Partners completes USD1.65bn SE Asia deals
Affinity Equity Partners, a Hong Kong-based buyout firm, has completed two acquisitions in Southeast Asia worth a combined USD1.65bn,...
Nov 28, 2024


Hong Kong must embrace change, says HKMA deputy chief
Darryl Chan, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), called for Hong Kong to adapt and innovate to maintain...
Nov 27, 2024


Singapore sees 44.6% surge in financial claims scam cases rise
Singapore's Financial Industry Disputes Resolution Centre (Fidrec) handled 2,162 financial claims from July 1, 2023, to June 30, 2024,...
Nov 21, 2024


Singapore, Hong Kong investors positive on Trump outlook
Hong Kong investors view Donald Trump’s election as beneficial for the global economy despite potential US-China tensions, a survey by...
Nov 19, 2024


Hong Kong's 2023 growth expected near lower end of forecast
Hong Kong's economic growth for 2023 is anticipated to be near the lower end of the government's forecast range of 2.5% to 3.5%,...
Nov 13, 2024


ARA Asset Management in talks to acquire Seoul's IFC from Brookfield
Singapore's ARA Asset Management is reportedly in discussions with Brookfield Asset Management to acquire the International Finance...
Nov 12, 2024


Asian family office growth draws DBS focus
Singapore-headquartered DBS Private Bank is targeting the Indian family office sector as a major growth opportunity, driven by a surge in...
Nov 7, 2024

China trims minimum investment threshold for foreign investors
China has eased regulations to attract foreign investment, allowing overseas individuals to provide capital to publicly traded firms as...
Nov 4, 2024


Hong Kong, Thailand collaborate on tokenisation projects
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have announced a collaboration to explore cross-border...
Oct 28, 2024


SK chief Chey Tae-won to lead 2025 APEC CEO summit
SK Group Chairman Chey Tae-won will preside over the 2025 APEC CEO Summit, held alongside the APEC leaders’ summit in South Korea, the...
Oct 28, 2024