Business News

Standard Chartered has strengthened its discretionary portfolio management (DPM) capabilities in Singapore with the appointment of three new professionals, reinforcing the bank’s continued investment in its wealth management platform. Sylvain Huard has joined the bank as Head of Asset Allocation, reporting to Daniel Furer, Global Head of Discretionary Portfolio Management. Huard brings extensive experience to […]

Singapore | 13 February 2026 — Entrepreneur Asia Summit & Awards 2026, Asia-Pacific’s premier gathering of entrepreneurs, innovators, and business leaders, will take place on 13 February 2026 at The St. Regis Singapore, bringing together an influential mix of founders, CEOs, investors, and ecosystem leaders for a day of high-impact conversations, networking, and recognition. The […]

SLEEK EV, a technology manufacturer focused on electric motorcycles and vehicle electrification, has secured a US$8.5 million first closing of its Series A funding round. The round was led by KYMCO Capital, with participation from January Capital, Krungsri Finnovate, and ORZON Ventures. The investment supports SLEEK EV’s plans to expand operations across Thailand and strengthen […]

Foundation Healthcare Holdings (FHH) and UOB have entered into a strategic partnership to provide tailored banking, insurance, and digital solutions for healthcare providers under the Health Connective Programme. Under the collaboration, more than 650 healthcare providers in the programme will gain access to financial and operational solutions designed to support their day-to-day clinic operations and […]

Singapore, 8 February 2026 — Maybank Singapore has launched the Singapore leg of Maybank Group’s Regional Ramadhan Relief Programme 2026, providing support to 2,500 beneficiaries from lower-income families and seniors ahead of the holy month of Ramadhan. Introduced in 2013, the Regional Ramadhan Relief Programme is a long-running Maybank Group initiative aimed at supporting communities […]

Singapore, 6 February 2026 — Visa cardholders across 23 Asia Pacific countries can now access global messaging through the Travelgoogoo eSIM Travel Club. The partnership between Visa and Travelgoogoo provides 365-day unlimited messaging across 123 countries and members-only rates for high-speed data via a single eSIM. Travelgoogoo has expanded collaborations with financial institutions to extend […]

Acronis today announced that Insightz Technology has been appointed as its first certified Managed Security Service Provider (MSSP) partner in Singapore. Under the partnership, Insightz Technology will deliver Managed Detection and Response (MDR) services to managed service providers (MSPs) and their customers using Acronis technology. Insightz Technology was selected based on its experience providing managed […]

KUALA LUMPUR, Malaysia, Feb. 4, 2026 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced that it has entered into an agreement to dispose of its fintech subsidiary, Credilab Sdn Bhd (“Credilab”), through a management buyout at an enterprise valuation of approximately US$43.74 million, representing 1.1× net tangible assets […]

The Hong Kong Monetary Authority (HKMA) has released a blueprint outlining new initiatives to support the adoption of artificial intelligence (AI) and distributed ledger technologies (DLT) in the financial sector, enabled by high-performance computing infrastructure. The blueprint forms part of HKMA’s Fintech 2030 strategy and focuses on advancing more complex technology use cases within financial […]

Hong Kong — UBS has completed the handover of its new Hong Kong headquarters at the International Gateway Centre in West Kowloon. The 14-storey building will serve as UBS’s Hong Kong headquarters and is expected to consolidate employees currently working across five locations, including Two IFC and One Peking Road, by the fourth quarter of […]

Hong Kong’s initial public offering (IPO) market has kicked off 2026 with exceptional momentum, recording its second-strongest January on record in terms of funds raised, according to market data. In January 2026, 12 companies listed on the Hong Kong Stock Exchange, raising a combined US$4.2 billion, based on data from the London Stock Exchange Group […]

William Blair Investment Management, the global active investment management partnership, has opened a new multi-asset trading desk in its Singapore office, strengthening its trading and investment capabilities across Asia Pacific markets. The new trading desk will provide dedicated regional coverage across asset classes, with the objective of enhancing execution capabilities, expanding liquidity access, and delivering […]

London-headquartered fintech firm Revolut plans to triple its workforce in Singapore over the next three years to support product development and regional expansion. The company has already doubled its headcount in Singapore between 2024 and 2025, according to a statement. The expansion is supported by the Singapore Economic Development Board (EDB) and its investment arm, […]

Singapore, 2 February 2026 — Tridorian has announced its entry into the United States with the opening of a regional headquarters in Chicago. The expansion follows the company’s growth to US$15.6 million in annual recurring revenue (ARR) within 24 months, driven by operations in Singapore and Thailand. The company provides Google Cloud–based services focused on […]

DBS has appointed Xu Qing as Managing Director and Senior Risk Executive for Hong Kong, and Chief Credit Officer for North Asia, according to a statement. The appointment is effective 1 February. In his new role, Xu will oversee credit and risk functions across Hong Kong, mainland China, and Taiwan, and will join the Hong […]

Hong Kong and Switzerland held the Eighth Hong Kong–Switzerland Financial Dialogue in Bern on 29 January, aimed at strengthening cooperation in financial services between the two markets. The dialogue was co-organised by the Hong Kong Monetary Authority (HKMA) and the State Secretariat for International Finance (SIF) under Switzerland’s Federal Department of Finance. It was chaired […]

VinFast Indonesia has signed a strategic cooperation agreement with the Subang Regency Government and toll road operator PT Lintas Marga Sedaya (PT LMS) to develop a new interchange on the Cikampek–Palimanan (Cipali) Toll Road, the company said on Wednesday. The project involves the construction of the Manyingsal Interchange at Km 115+500 on the Cipali Toll […]

Malaysia Airlines today announced a landmark partnership with the Mumbai Indians, India’s most successful and widely followed cricket franchise, as Associate Sponsor and Official Global Airline Partner. The collaboration marks a significant milestone in Malaysia Airlines’ sports-led brand and commercial growth strategy across priority global markets, while reaffirming India as one of the airline’s most […]

Citi today announced a series of leadership appointments within its corporate banking business, reinforcing its global banking franchise and strengthening senior leadership across regions. Jason Rekate has been appointed Global Chair of Corporate Banking, and John Chirico has been named Global Chair of Investment Banking. Both will report to Viswas Raghavan, Citi’s Head of Banking […]

Advantest Corporation has selected Anaqua‘s AQX® platform to manage its global intellectual property operations, Anaqua said on Tuesday. The move comes as semiconductor companies adjust to faster development cycles driven by artificial intelligence, electrification, and next-generation devices. Advantest is seeking to standardize internal processes, streamline IP workflows across its global offices, and reduce operational complexity […]

Global investors are reallocating capital away from the United States toward international markets amid rising geopolitical uncertainty, according to discussions at the Asian Financial Forum 2026. Global equity funds recorded net outflows of US$43.2 billion last week, the largest on record, including US$16.8 billion from US markets, based on data from BofA Global Research. The […]

C Capital, an APAC private asset manager, has acquired a 507-hectare landholding in Beveridge, Victoria, within the Northern Freight Precinct, which connects to the Inland Rail project. The site will support logistics, industrial, and data centre development in metropolitan Melbourne. C Capital has appointed Lendlease as Master Development Partner to manage rezoning, infrastructure enablement, and […]

Southco, a global leader in engineered access solutions, today announced the grand opening of its new manufacturing facility in Chon Buri, Thailand, marking a significant milestone in the company’s continued expansion across Southeast Asia. The new facility strengthens Southco’s regional presence and enhances its ability to serve customers more efficiently by reducing lead times, improving […]

Singapore, January 28, 2026 — HeyMax, a Singapore-headquartered travel and loyalty rewards platform, has raised US$11 million in a Series A funding round led by Peak XV Partners, with participation from Betatron Venture Group and continued support from January Capital and Tenity. The round also includes strategic investments from Rob Rosenstein, Co-founder and Chairman of […]

Wood Mackenzie shares critical pathway for India to navigate energy security and transition while maintaining 6% GDP growth through 2035

Raffles Family Office (RFO) has appointed Pradinan Arkarachinores as Managing Director, Relationship Management, strengthening its senior leadership team as the firm continues to serve the evolving needs of ultra-high-net-worth families across Asia. In her new role, Ms. Arkarachinores is responsible for leading and managing a relationship management team overseeing portfolios for ultra-high-net-worth Asian families. Her […]

Wisdom Family Office (Wisdom Group), a multi-family office providing institutional-grade solutions to ultra-high-net-worth families and their advisers, has appointed Arthur Fong as Managing Director and Senior Advisor. Mr. Fong brings more than two decades of experience in global wealth management and financial services. He joins Wisdom from Paragon Capital Management, where he established and led […]

Deutsche Bank has expanded its investment management capabilities in North Asia with the appointment of Stephen Yeung as Director within its Investment Management (IM) team, according to an internal memo. Based in Hong Kong, Yeung will be part of the North Asia coverage team and will report to Stephen So. Yeung brings more than 20 […]

QBE Re, the reinsurance division of QBE Insurance Group, today announced the appointment of Sven Liu as Head of Greater China, a newly created role reflecting the company’s strategic focus on expanding its Asia footprint. Based in Singapore, Liu will be responsible for overseeing portfolio management and driving growth opportunities across the Greater China region. […]

IPC Systems (“IPC”), a global provider of secure, compliant communications and multi-cloud connectivity solutions, has entered an exclusive partnership with Vsense FinTech, Inc., a Taiwan-based developer of FPGA-powered trading solutions. Under the agreement, IPC will serve as the exclusive global distributor and white-label reseller of Vsense’s high-performance FPGA solutions. These hardware-based systems bypass software overhead, […]