News

CapitaLand to launch first RMB fund in Q4

The company has obtained a private equity fund manager status in China.

CapitaLand to launch first RMB fund in Q4

The company has obtained a private equity fund manager status in China.

Hong Kong imposes travel ban on Indonesia

Starting 25 June, Indonesia will be considered as an “extremely high-risk” area.

Wealthy Hong Kongers to reach 831,000 by 2025

The global number of millionaires could go over 84 million in the next five years.

Singapore drops to fourth in global fintech rankings

But the Lion City is still king in the Asia Pacific region

Singapore’s millionaire population to rise to 437,000 by 2025

The global number of millionaires could go over 84 million in the next five years.

Emperor International suffers $767.4m loss

Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.

Singapore ranks 7th most expensive city

It dropped two places from 5th in 2020.

Hong Kong may ease entry for vaccinated persons

This does not apply to vaccinated persons from extremely or very high-risk places.

ThaiBev to review BeerCo’s IPO plan at “appropriate time”

The company again deferred the listing due to uncertain market conditions.

Xinyi Glass secures $1b green loan

The loan from Hang Seng Bank will fund its green projects.

HSBC aims to be Asia’s top wealth manager in five years: report

HSBC’s Trista Sun expects 500 million middle class Chinese by 2025.

People’s Bank of China to issue RMB5b Bills

It will be issued through HKMA’s Central Moneymarkets Unit.

Singapore’s nightlife to remain dead as dining in resumes

Pubs, bars and nightclubs may only resume F&B operations.

Cathay Pacific passenger traffic rises 30% in May

The airline carried some 24,000 passengers during the month.

CapitaLand acquires two new international properties for $210m

The properties are located in France and Vietnam.

Changi Airport suffers $945m loss in 2020

This reflects a 318% decrease from its $438m profit in 2021/20.

HKMA launches new Regtech guide series for banks

This forms part of the HKMA’s Regtech roadmap.