12/30/2019
Can setting up digital banks help Malaysia achieve growth in 2020?
To keep up the momentum and excitement, the central bank of Malaysia has issued a draft licensing framework on creating digital banks in the country.
Comment, Analysis & Research
12/30/2019
Women in financial services are tackling an underserved market: themselves
Serving Women As Financial Services Customers: Women In Financial Services 2020
12/30/2019
IMF acknowledges Hong Kong's robust policy frameworks and ample buffers for addressing economic challenges and safeguarding financial stability
The IMF notes that Hong Kong is well placed to address both cyclical and structural challenges given its significant buffers, despite weakened economic activity and mounting headwinds on the growth outlook.
12/29/2019
India's start-ups generate $28bn worth of 'excitement' for global investors
The investment inflow into the country in 2019 was almost 10 times the amount invested by domestic companies
12/29/2019
Hong Kong economy to shrink in fourth quarter
“Based on the situation of these few months, it is inevitable that negative growth will continue,” Financial Secretary Paul Chan said in a blog post.
12/29/2019
Lessons from the UAE: Hong Kong’s problems might go away when the government puts Hongkongers first
Why did the UAE emerge unscathed from the Arab spring? The country has a tax and welfare system that prioritises citizens.
12/29/2019
Chinese central bank targets growth with benchmark switch for floating-rate loans
Floating-rate loans, excluding individual housing loans tied to state provident funds, that have been signed before 2020 will be priced in line with the LPR, the central bank said.
12/29/2019
Hong Kong economy to shrink in Q4 following months of protests, says financial chief
The increasingly violent pro-democracy protests that escalated in June have undermined Hong Kong's economy, discouraging tourists from visiting and slashing retail sales.
12/29/2019
S. Korea picks 11 local, foreign banks for won-yuan FX trading in 2020
In 2014, South Korea launched the won-yuan direct market to boost trade payments in both currencies and reduce exchange rate-related risks.
12/27/2019
Overseas investors bypass Japan stocks, awaiting 'blacklist'
Foreign purchases face approval requirement, but sectors yet to be named
12/27/2019
HK protest crisis raises career doubts for expats
"What I was surprised by, though, was the violence - how things took a violent turn," Bhatnagar said.
12/27/2019
Can Singapore be a new venue for Russian IPOs?
Russia is also among the most resource-rich countries globally.
12/27/2019
Singapore’s housing market in 2020: What will the leap year bring?
“The healthy new home sales performance in 2019 is partly due to prices remaining resilient in spite of the cooling measures that were imposed in July 2018,” says Ong Teck Hui, JLL senior director of research & consultancy.
12/27/2019
China’s Government Is Letting a Wave of Bond Defaults Just Happen
This system imposed little discipline on borrowers. Now global investors are coming into China’s bond market.
12/27/2019
Can you tell what 2019’s top Asian businesswomen studied at university?
How many do you recognise and can you guess what their education background was?
12/27/2019
Macau Won't Overtake Qatar as Richest Economy After All
The significant revision comes as Macau’s economy entered recession this year for the first time since the VIP gambling crunch of 2014.
12/27/2019
China’s Most Important Luxury Tech Moments in 2019
Elsewhere, Chinese tech giant Tencent doubled down on its luxury advertising strategy by partnering with a group of notable brands that included Burberry and Gucci.
12/27/2019
The hottest deals that drove Singapore’s luxury residential market in 2019
This year, there were fewer number of luxury apartment deals for units above 3,000 sq ft compared – 127 units in 2019 compared with 153 the year before.
12/26/2019
UBS is positive on these six sectors for 2020
The investment bank added that the recent announcements like corporate tax cuts are a sentiment booster and could provide support to the indices.
12/26/2019
Vietnam Wants to Be Next Singapore
She said she was happy to see "the cooperation between Vietnam and Singapore as strategic partners."