
Hong Kong, Singapore lead Asia’s crypto push
Hong Kong and Singapore are emerging as Asia’s top cryptocurrency hubs, seeking to capitalise on the sector’s resurgence amid U.S....
Feb 26


Southeast Asian central banks harmonise currency framework
Malaysia, Indonesia, and Thailand will harmonise and expand their local currency transaction framework to boost cross-border trade and...
Feb 19


Chinese president Xi Jinping holds meeting with Alibaba’s Jack Ma, CEOs
Chinese President Xi Jinping met with Alibaba cofounder Jack Ma and other top business leaders, signaling Beijing’s support for the...
Feb 19


Standard Chartered joins Hong Kong stablecoin venture
Standard Chartered is partnering with Animoca Brands and telecom firm HKT to launch a Hong Kong dollar-backed stablecoin joint venture....
Feb 19


Hong Kong, UAE ink deal to enhance financial cooperation
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting in Hong Kong...
Dec 25, 2024


South Korea warns of economic slowdown amid political turmoil
South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this...
Dec 25, 2024

Thailand sees 90,000 new businesses in 2024
Thailand’s Department of Business Development (DBD) projects nearly 90,000 new businesses will register in 2024, a 2-3% increase...
Dec 25, 2024


Hong Kong’s wealth sector grows as Chinese funds flow in
Wealth managers are expanding in Hong Kong to accommodate a surge of mainland Chinese funds seeking offshore opportunities. UBS Group and...
Dec 18, 2024


New reforms set to streamline Vietnam’s IPO listings
Vietnam’s IPO market is poised for revival as private firms prepare to list, signalling renewed investor interest after a subdued period...
Dec 18, 2024

South Korean businesses push parliament for economic certainty
SK Group Chairman Chey Tae-won, who also leads the Korea Chamber of Commerce and Industry, called for stable economic policies amid...
Dec 18, 2024


Japan’s megabanks target US, India for overseas expansion
Japan’s megabanks—Mitsubishi UFJ (MUFG), Sumitomo Mitsui (SMFG), and Mizuho—are pursuing overseas investments, focusing on the US and...
Dec 12, 2024


Temasek launches private credit platform with USD7.5bn portfolio
Singapore state investor Temasek Holdings has established a private credit platform with an initial portfolio of SGD10bn (USD7.5bn),...
Dec 10, 2024


Robinhood targets APAC growth via Singapore
Robinhood Markets Inc plans to expand into Asia next year, using Singapore as its regional base, Chief Executive Vlad Tenev said at an...
Dec 9, 2024


Golden visa scheme aims to boost Indonesia’s economy
Indonesia’s Golden Visa programme is designed to attract high-value foreign investors and global talent to bolster sustainable economic...
Dec 4, 2024


Thailand finalises free trade deal with EFTA countries
Thailand has concluded negotiations on a free trade agreement (FTA) with the European Free Trade Association (EFTA), marking its first...
Dec 3, 2024

Vietnam aims for about 8% economic growth in 2025
Vietnam’s Prime Minister Pham Minh Chinh announced that the government aims for economic growth of about 8% in 2025, surpassing the...
Dec 3, 2024


Taiwan's economy shows strength with second 'yellow-red' signal
Taiwan's government reported that its business climate monitor remained in the “yellow-red” zone for the second consecutive month,...
Nov 28, 2024

MAS and NFRA enhance supervisory cooperation at annual roundtable
The Monetary Authority of Singapore (MAS) and China's National Financial Regulatory Administration (NFRA) reaffirmed their commitment to...
Nov 28, 2024


Malaysia, South Korea agree to boost economic cooperation
Malaysian Prime Minister Datuk Seri Anwar Ibrahim has invited South Korean investors to explore opportunities in Malaysia to enhance...
Nov 25, 2024


IMF cuts South Korea's 2025 growth forecast to 2%
The International Monetary Fund (IMF) lowered its economic growth forecast for South Korea to 2% for 2025, down from 2.2% projected in...
Nov 21, 2024