

Thai economy nears crisis amid export decline says finance minister
Thailand’s economy is nearing crisis due to declining exports and uncompetitive manufacturing, said caretaker Finance Minister Pichai...
Aug 23, 2024


Vietnam banks shift to corporate lending in 2024
In the first half of 2024, many banks in Vietnam shifted focus from retail to corporate lending to drive credit growth. Banks like...
Aug 21, 2024


HKMA introduces AI sandbox to boost fintech innovation
The Hong Kong Monetary Authority (HKMA) and Hong Kong Cyberport Management Company launched the Generative Artificial Intelligence...
Aug 16, 2024


Taiwan’s financial sector cuts China exposure by 8.9%
Taiwan’s financial services companies reduced their exposure to China by 8.9% year-on-year to NTD1.02tr (USD31.41bn) at the end of last...
Aug 16, 2024


Singapore Q2 GDP grows 2.9%, exceeding expectations
Singapore's economy grew 2.9% year-on-year in the April-June quarter, matching official estimates and exceeding market expectations,...
Aug 13, 2024


Hong Kong does not need new virtual banks – HKMA
The Hong Kong Monetary Authority (HKMA) sees no need for new players in the city’s virtual banking sector and has launched a one-month...
Aug 8, 2024


Taiwan’s financial regulator cautions banks on China operations
Taiwan’s financial regulator has warned bank employees in China to be cautious of their remarks following Beijing’s expansion of laws...
Aug 7, 2024


HKMA initiates banking system overhaul
The HKMA will allow deposit-taking companies (DTCs) to roll over their deposits upon conversion to restricted licensed banks. DTCs, the...
Aug 7, 2024


Singapore’s Temasek plans USD30bn US investment over five years
Singapore state investor Temasek plans to invest up to USD30bn in the US over the next five years, focusing on healthcare, financial...
Jul 31, 2024


Japanese firms helping employees to build up financial assets
Japanese companies are increasingly helping employees build personal financial assets through expert advice and educational seminars....
Jul 31, 2024


HK’s eMPF achieves milestone with over 20,000 registrations
The eMPF platform, launched to digitise Hong Kong’s Mandatory Provident Fund (MPF) management, has garnered over 20,000 registered users...
Jul 30, 2024


Indonesia proposes Singapore-style arbitration to attract investors
Indonesia’s Coordinating Maritime Affairs and Investment Minister, Luhut Pandjaitan, has proposed adopting arbitration rules similar to...
Jul 26, 2024


MAS proposes standardised financial rules for all REITs
The Monetary Authority of Singapore (MAS) has released a consultation paper proposing new financial regulations for all Real Estate...
Jul 26, 2024


Indonesia unveils long-term visa scheme for investors
Indonesia launched a long-term visa scheme to attract foreign investors, President Joko Widodo announced. A 10-year visa requires...
Jul 22, 2024


Hong Kong investors bullish on AI and local market investments
According to a survey by the Hong Kong Investment Funds Association, 65% of Hong Kong investors are interested in AI-related investments,...
Jul 19, 2024


Raffles Family Office names new group COO
Raffles Family Office has appointed Terence Chow as its new Group COO, effective July 2. Chow, based in Hong Kong, will oversee the...
Jul 16, 2024


Hong Kong tycoon Adrian Cheng to list venture fund on Swiss exchange
Hong Kong property mogul Adrian Cheng is taking his venture fund, C Capital, public by merging it with Swiss-listed Youngtimers AG, to be...
Jul 15, 2024