11/25/2022
Bank of Korea lowers 2023 growth outlook to 1.7%
Central bank hikes key rate for 6th consecutive time to 3.25%
Comment, Analysis & Research
11/25/2022
Philippines income inequality among highest in East Asia – World Bank
“The wealthiest one percent of earners capture 17 percent of national income; all those in the bottom 50 percent collectively receive only 14 percent,”
11/24/2022
Hong Kong ideally placed to be family office hub
When looking for a friendly, experienced jurisdiction to help protect their wealth and legacies, the world’s richest need look no further than Hong Kong
11/24/2022
New McKinsey report suggests Thai banking industry can bounce back to profitability, but transformation required
Looking more regionally, Thailand’s share of total ASEAN banking market capitalization has declined from 16 percent in 2009 to nine percent in 2021.
11/22/2022
Don’t chase China market rebound as weak foundation attracts stock bears, JPMorgan says
The view may pour cold water on the market’s new-found optimism among analysts and money managers including Goldman Sachs and Allianz Global Investors.
11/22/2022
More than three-quarters of Aussie start-ups optimistic despite challenging conditions
Although optimism is high, the survey found that market conditions are leading some founders to consider bridging rounds between raises.
11/21/2022
NAB to wind up custody business
We are focused on continuing to meet our clients' obligations at the high levels we are known for, while supporting a seamless transition to new specialist providers that have global reach and meet our clients' long-term needs
11/21/2022
DBS Launches Third Season of Sparks, its award-winning web series
Introduces 'Behind the Spark' showcase videos of employees' first-hand experience working at DBS
11/18/2022
Gautam Adani may set up family office overseas to manage ballooning wealth
The Adani family is currently talking to consultants and tax experts about the plans, the people said
11/17/2022
Higher rates could pressure Singapore banks' loan growth as growth levels off
The IMF said in its outlook report in October that growth momentum is expected to be moderate somewhat in 2023 for Singapore, along with some of its regional peers
11/16/2022
Deflating Exaggerated Worry
The credit market is still somewhat wary of the risks of an economic slowdown.
11/15/2022
Indian billionaire Mukesh Ambani interested in buying FC Liverpool - report
But he faces competition from other parties from the Middle East and the US
11/15/2022
Aussies losing motivation to build wealth
According to a new survey, 44 per cent of Australians have lost their motivation to save, invest or increase their income.
11/11/2022
Family business stands to gain from next generation’s focus on digital transformation and sustainability: PwC report
Amidst the ongoing pandemic and geopolitical tensions, business survival has never been more precarious.
11/10/2022
Claude Baumann: «Singapore is back»
We really can’t complain, at least until now. In fact, the opposite is true.
11/10/2022
"How Central Banks and Supervisors are Helping to Green the Financial System" - Keynote Remarks by Mr Ravi Menon
As chair of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), I would like to thank Singapore for hosting the NGFS at the Singapore Pavilion.
11/10/2022
China is the Only Major Market to Record UHNW Growth
Within the broader region in Asia, the UHNW population fell 3.9 percent to 116,080 individuals with total wealth shrinking 10.5 percent.
11/08/2022
Asia Pacific’s Vast Open Banking Opportunity
The Far East region and China (China is defined as a separate market) is forecast to be the second largest market for open banking after Europe.
11/07/2022
Thomas Ang: Pushback Against Institutionalization «Still Strong»
Wealthy Asians are renowned for hands-on, self-directed investing after many years of success in an environment of low interest rates, high economic growth and geopolitical stability.
11/07/2022
Demographic shift in Asia outpacing its economic transition
The research team combined this survey with comprehensive secondary research to answer some of the key questions for the global economy due to Asia’s ageing population: the supply of labor, and the supply of capital.