News
HSBC aims to be Asia’s top wealth manager in five years: report
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.
Hong Kong ranks 7th most competitive economy in 2021
This is two places down from its 2020 ranking
Alibaba ranks first in Top 100 APAC Retail Ranking 2021: study
The Asia Pacific region recorded a double digit-growth in e-commerce in 2020.
AIA Singapore extends COVID-19 benefits
Its IP coverage for vaccine complications now include those approved by WHO under EUL.
SG remains among top 10 most expensive locations in Asia
The Lion City ranks 13th most expensive location for expatriates in the world.
Why R&D labs in Hong Kong are scarce
The demand for medical office buildings in Hong Kong is high, but hard to get.
Three out of five millennials feel anxious or stressed all the time: study
Singapore millennials were found to be more stressed than the global average.
China Youran Dairy estimates $3.2b net proceeds in global offering
It set its offer price at $6.98 per share.
Seven in 10 Singaporeans unsatisfied with generic bank credit offers: study
Almost four-fifths (76%) of Singaporean consumers are not satisfied with generic credit offers from their banks, with 24% willing to offer more information in exchange for better rates or lower fees, a FICO study revealed.
HKTB eyes new scheme to boost vaccine drive
The Hong Kong Tourism Board will reward those who have taken their vaccine shots.
SIA Group passenger capacity recovers 27% of pre-pandemic levels in May
The group’s air cargo capacity leaped to 72.9%.