Banking & Finance
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Malaysia to set up property crowdfunding platform for affordable homes
The government of Malaysia’s is turning to an alternative form of real estate financing to help resolve...
Thailand’s richest just got a bit poorer
Thailand’s Chearavanont family retains the first spot in the Forbes Thailand Rich List with $29.5 billion...
Singapore, US to return $226 million in 1MDB funds to Malaysia
The Malaysian government will be returned a total of around 936 million ringgit ($226 million) in misappropriated...
It’s settled: Indonesia will move capital city from Jakarta
Jakarta is overcrowded and sinking into the sea
Indonesian President Joko Widodo has approved a long-term
plan for the...
Thailand expects stock listings worth over $5 billion this year
Stock Exchange of Thailand © Arno Maierbrugger
The Thai stock exchange is expected to see initial public...
IMF says Myanmar’s economy is losing steam
Mandalay street market © Arno Maierbrugger
The International Monetary Fund (IMF) expressed concern
about the Myanmar economy...
Myanmar opens market for foreign insurances
Sule Pagoda in downtown Yangon
Five foreign companies have been granted provisional licenses
to sell life insurance policies through...
Vietnam wants 5% of population to own stocks
Ho Chi Minh Stock Exchange © Arno Maierbrugger
The Vietnam government is encouraging its people to have...
Vietnam to get first licensed crypto exchange
Vietnam will get its first licensed crypto exchange after Linh Thanh Group, a large industry, real estate...
Cambodia put back on global money laundering watchlist
Paris-based intergovernmental money-laundering watchdog Financial Action Task Force (FATF) has placed Cambodia back on its watchlist on February 22 because of concern it is...
Indonesia gets ready to become Southeast Asia’s digital hub
Indonesia has set itself the goal to become nothing less than a regional digital hub in Southeast Asia as early as next year. To...
Philippines could lose $1.5 billion in remittances from cash-strapped Gulf states
Around 80,000 to 100,000 jobs for Oversea Filipino Workers, or OFWs, among them 30,000 household service workers, could be lost due to the precarious...
Malaysia’s ex-PM hit with more charges in 1MDB scandal – trial begins on Feb. 12
Malaysia's former prime minister Najib Razak has been charged with three more counts of money laundering amounting to $11.6 million. He pleaded not guilty...
Myanmar opens up for foreign insurance companies
Myanmar’s financial regulator will begin granting licenses to foreign-owned insurance companies, allowing them to operate in the market by April this year.
“We will soon...
Singapore, Malaysia, Brunei top ASEAN countries in global talent index
Singapore is topping the 2019 Global Talent Competitiveness Index in the Association of Southeast Asian Nations (ASEAN), as well as in Asia-Pacific for the...
Thailand’s stock exchange ventures into cryptocurrency trading
The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange in order to capitalise on sustained interest of...
Goldman Sachs CEO apologises to Malaysia, says people were “defrauded”
David Solomon, new CEO of Goldman Sachs Group (pictured), apologised to the Malaysian people for the role that a senior banker at the firm,...
New Vietnam Stock Exchange set up as umbrella for Hanoi and HCMC bourses
The Vietnam government has set up a new state-owned stock exchange company, Vietnam Stock Exchange (VSE), which will operate as an umbrella company for...
Latest
Indonesia’s President Widodo wins second term
Indonesian President Joko Widodo has been elected for a second term, official results of the country's presidential...
Stories of the week
Indonesia’s President Widodo wins second term
Indonesian President Joko Widodo has been elected for a second term, official results of the country's presidential...