Singapore

HKMA warns of prolonged high interbank rates

The central bank issued the warning post unchanged US fed funds rate at 5.25-5.5%.

HKMA warns of prolonged high interbank rates

The central bank issued the warning post unchanged US fed funds rate at 5.25-5.5%.

HK-based fintech KPay expands operations to Singapore

The firm plans to triple its merchant base in Singapore to over 10,000.

HSBC unveils $1b ASEAN Growth Fund for digital platform players

The amount will be used to lend to digital companies to boost their operations.

Singapore Airlines and The Club partner for points and miles conversion programme

This will also provide members access to exclusive packages and benefits.

Cathay Pacific to resume daily Singapore-Bangkok flights

The daily flights will resume on 31 March 2024.

Govt launches internship programme for over 50s

The programme offers internships across 20 industries.

Gov’t introduces new measures to bolster financial ties with China

These measures will also benefit Hong Kong’s status as an international financial centre.

Klook bags US$210m funding 

Bessemer Venture Partners led the equity funding round.

China’s EV battery giant CATL to set up HQ, R&D centre in Hong Kong

CATL plans to employ 500 workers in Hong Kong within five years.

Gov’t logs $172.9b deficit 

The figure covers the first seven months of the current financial year.

Hongkong Land appoints Michael Smith as new chief executive

He will be succeeding Robert Wong who has been the Chief Executive since 2016. 

Manulife Singapore targets rapidly growing high-net-worth market

New data suggests young beats old in appetite for investments.

HK-based private equity firm  to acquire Luye Medical's health units in Singapore

Templewater will acquire an oncology and a cardiology group from Luye Medical.

Only 2 in 10 Hongkongers are familiar with generative AI - IPSOS

Gen Z and millennials are most aware of the technology.