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Business NewsDmitry Shubov Consulting Advises Southeast Asian Startups On New Philippine Supreme Court Electronic Notarization Standards
Dmitry Shubov Consulting announced that new electronic notarization rules issued by the Philippine Supreme Court will affect Southeast Asian startups preparing documents for U.S. transactions. The Court’s A.M. No. 24-10-14-SC establishes a regulatory framework for electronic notarization in the Philippines. The rules recognize accredited in-person Electronic Notarization Facilities (ENFs), Remote Electronic Notarization Providers (ENPs) using […] -
Business NewsWRISE Launches Client Service Center in Taiwan
Singapore-headquartered multi-family office WRISE Group has expanded its presence in Asia with the launch of a new client service center in Taipei, Taiwan. The center will offer client advisory and consultation services, alongside family wealth-focused educational and engagement initiatives designed to foster long-term perspectives and encourage next-generation dialogue. The Taipei center will be led by […] -
Business NewsTestMu AI Launches Conversation and Memory Layers for AI Test Case Generator
New upgrades enable QA teams to refine test cases conversationally and generate outputs aligned with organizational standards
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Business NewsBank of Singapore Hires Alternative Investments Expert to Strengthen UHNW Solutions
Bank of Singapore, the private banking division of Oversea‑Chinese Banking Corporation, has appointed Bernard Heng as Head of Customised Solutions, effective 2 March 2026. The move is intended to bolster the bank’s capabilities in bespoke investment and alternative product solutions for ultra-high-net-worth (UHNW) clients. In his new role, Heng will report to Lim Leong Guan, […] -
Business NewsLevel3AI Raises US$13 Million in Seed Funding to Become APAC’s Go-To AI Customer Engagement Partner
Singapore-based AI-native company secures backing from global multi-stage venture capital firm Lightspeed to elevate APAC’s enterprise customer engagement -
Business NewsMonetary Authority of Singapore Expands Equity Market Development Program to S$6.5 Billion
The Monetary Authority of Singapore (MAS) today announced the expansion of its Equity Market Development Program (EQDP) from S$5 billion to S$6.5 billion, following a top-up to the Financial Sector Development Fund unveiled in the national Budget statement. The additional funding was announced by Prime Minister and Minister for Finance Lawrence Wong as part of […] -
Business NewsSingapore Bets Big on AI in 2026 Budget, Finance Named Key Sector for Transformation
Artificial intelligence (AI) took center stage in Singapore’s 2026 Budget, with the government announcing a comprehensive national strategy to harness AI as a competitive advantage and accelerate transformation across key sectors, including finance. Delivering the Budget statement, Prime Minister and Minister for Finance Lawrence Wong unveiled a new set of national “AI Missions” focused on […] -
Business NewsBinance Co-CEO Richard Teng: “The Smart Money Is Deploying” Amid Market Volatility
Binance Co-CEO Richard Teng expressed confidence in the long-term outlook for digital assets, emphasizing sustained institutional engagement despite recent market volatility, during a fireside chat at Consensus Hong Kong 2026. Since peaking in October 2025, cryptocurrency markets have experienced a significant correction, with approximately $2 trillion in value erased and Bitcoin trading below $70,000 at […] -
Business NewsBarclays Appoints Werner Schlossmacher as Chief Operating Officer for Barclays Private Bank Asia
Barclays today announced the appointment of Werner Schlossmacher as Chief Operating Officer (COO) for Barclays Private Bank Asia. Based in Singapore, he will report to Leo Müller, COO of Barclays Private Bank & Wealth Management. Schlossmacher brings more than 30 years of wealth management experience across Singapore, Hong Kong and Switzerland. He joins Barclays from […] -
Business NewsSMBC Appoints Salim Zaman as Global Head of Foreign Exchange
Sumitomo Mitsui Banking Corporation (SMBC) has appointed Salim Zaman as Global Head of Foreign Exchange, based in Singapore. Zaman will continue in his current role as Co-Head of Global Markets and Treasury for Asia Pacific. In his expanded position, he will oversee SMBC’s global FX strategy and work with regional leadership teams on the management […] -
Business NewsSFC CEO Says Next-Generation Investors Are Reshaping Finance as Regulator Expands Crypto Framework
Securities and Futures Commission Chief Executive Officer Julia Leung said financial institutions must accelerate their adoption of digital assets and emerging technologies to remain competitive as younger investors increasingly dominate the market. Speaking at Consensus Hong Kong 2026, Leung said second- and third-generation investors, including Generation Z, are changing how financial services are consumed. She […] -
Business NewsBCG: Tokenization Could Double Hong Kong’s Fund Industry
Hong Kong’s fund industry could expand by adopting token-based finance, according to a white paper published by Boston Consulting Group (BCG) and Aptos Labs, with contributions from Hang Seng Bank. The report states that Hong Kong could double the size of its fund industry by transitioning from legacy infrastructure to tokenized systems. Findings draw on […] -
Business NewsKGI Appoints Aaron Long as Managing Director for Wealth Management
Taiwan-based KGI has appointed Aaron Long as Managing Director, Wealth Management, as it expands its international business in Hong Kong. Based in Hong Kong, Long reports to James Wey, Head of International Wealth Management. Long joins from HSBC, where he was involved in building the bank’s China wealth management business and served as the inaugural […] -
Business NewsHSBC Group COO Suzy White Joins HSBC Singapore Board
HSBC Singapore has appointed Suzy White to its board, the bank announced. White is currently Group Chief Operating Officer of HSBC. She has spent 25 years with the bank in senior leadership roles across operations, risk, finance and transformation. Her previous positions include Chief Operating Officer for Global Banking and Markets, Regional Chief Operating Officer […] -
Business NewsJ. Safra Sarasin Appoints Dong Chen as Asia Chief Investment Officer
Basel-based private bank J. Safra Sarasin has appointed Dong Chen as Chief Investment Officer for Asia. Chen joins from Pictet Wealth Management, where he served as Chief Asia Strategist and Head of Asia Research. He brings more than 20 years of experience in macroeconomic research, investment strategy, and asset management. Prior to Pictet, Chen was […] -
Business NewsAIA Appoints Shu Khoo and David Ku to Board
AIA has appointed Shu Khoo and David Ku as independent non-executive directors, the insurer announced. Shu Khoo currently serves as an independent non-executive director at Shangri-La Asia and as an independent director of CIMB Group. She previously served as AIA’s Group Chief Human Resources Officer from 2011 to 2018. David Ku is Chairman of WeBank. […] -
Business NewsAsia’s Workforce Resets for the AI Era in 2026, Epitome Global Data Shows
Organisations across Asia are shifting focus from AI adoption to workforce capability as artificial intelligence becomes embedded in everyday work, according to workforce data from Singapore-based Epitome Global. The company’s skills assessments, conducted between 2023 and 2025 across Singapore and Malaysia, indicate that workforce readiness is now a critical constraint. While more than 70% of […] -
Business NewsBangkok Marks Chinese New Year 2026 with Citywide Cultural and Retail Campaign
Bangkok will host a series of cultural and retail activities for Chinese New Year from 12–22 February 2026, reinforcing its position as a regional destination during the Lunar New Year travel period. While Songkran is Thailand’s traditional New Year, Lunar New Year is widely observed across the country, reflecting longstanding Thai-Chinese heritage. The period draws […] -
Business NewsVinFast Enters Indonesia’s E-Scooter Market, Signs MoUs with Local Dealers
VinFast announced its entry into Indonesia’s e-scooter market through the signing of Memoranda of Understanding (MoUs) with local dealers, marking the expansion of its electric two-wheeler business into the country. VinFast signed MoUs with K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. The partners […] -
Business NewsIndonesia Reports $30 Billion Fiscal Impact from 2025 Reallocation Programme Without Additional Borrowing
Jakarta – Indonesia implemented a fiscal restructuring programme in 2025 under President Prabowo Subianto, generating an estimated fiscal impact of approximately US$30 billion while maintaining the fiscal deficit within the statutory 3 percent ceiling and keeping government debt at around 40 percent of GDP. The programme focused on expenditure rationalisation, enforcement measures, and recovery of […] -
Business NewsSwissquote Appoints Rafael Weber as Deputy CEO for Singapore
Swissquote, the digital financial services group, has appointed Rafael Weber as Deputy Chief Executive Officer of its Singapore business, further strengthening its leadership team in the region. In his expanded role, Weber will continue to focus on scaling Swissquote’s Singapore operations while overseeing all client relationships, ensuring continuity and the development of long-term partnerships in […] -
Business NewsStandard Chartered Strengthens Discretionary Portfolio Management Team in Singapore with Three New Hires
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 […] -
Business NewsEntrepreneur Asia Summit & Awards 2026 to Convene Asia-Pacific’s Leading Founders, Investors and Change-Makers in Singapore
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 […] -
Business NewsSLEEK EV Secures US$8.5 Million Series A First Close Led by KYMCO Capital
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 […] -
Business NewsFoundation Healthcare Holdings and UOB Announce Strategic Partnership to Support Healthcare Providers
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 […] -
Business NewsMaybank Singapore Supports 2,500 Beneficiaries Through Regional Ramadhan Relief Programme 2026
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 […] -
Business NewsVisa Cardholders in Asia Pacific Access Year-Round Global Messaging with Travelgoogoo eSIM
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 […] -
Business NewsAcronis Names Insightz Technology as First MSSP Partner in Singapore
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 […] -
Business NewsVCI Global Disposes Credilab via Management Buyout Valued at US$43.74 Million; Retains 30% Stake
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 […] -
Business NewsHKMA Launches Initiatives to Support AI and Distributed Ledger Technologies
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 […] -
Business NewsUBS Marks Handover of New Hong Kong Headquarters
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 […] -
Business NewsHong Kong IPO Market Records Second-Strongest January on Record
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 […] -
Business NewsWilliam Blair Investment Management Opens Multi-Asset Trading Desk in Singapore
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 […] -
Business NewsRevolut Plans to Triple Workforce in Singapore
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, […] -
Business NewsTridorian Expands to the U.S. After Reaching $15.6M ARR in Two Years
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 […] -
Business NewsDBS Appoints Chief Credit Officer for North Asia
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 […] -
Business NewsHong Kong and Switzerland Hold Financial Dialogue in Bern
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 […] -
Business NewsVinFast Signs Agreement to Develop Transportation Infrastructure in Indonesia
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 […] -
Business NewsMalaysia Airlines Takes Flight With Mumbai Indians as Global Airline Partner
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 […] -
Business NewsCiti Promotes Asia Corporate Banker to Global Role
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 […] -
TechnologyBuild Your Gaming Empire: How AI and UGC Are Disrupting the Gaming Industry
A new ‘gaming intelligence’ model enables solo creators to rapidly produce and monetize digital assets for platforms like Roblox and Fortnite.By Kul Bhushan -
Business NewsAdvantest Selects Anaqua for Global IP Management
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 […] -
Business NewsWhat Markets Will Benefit From Investor Rotation Out of the US?
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 […] -
Business NewsC Capital Acquires 507 Hectares of Land in Victoria, Australia
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 […] -
Business NewsSouthco Expands Southeast Asia Footprint With Opening of New Chon Buri Facility
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 […] -
Business NewsHeyMax Raises US$11M Series A Led by Peak XV Partners to Expand Travel and Loyalty Platform Across APAC
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 […] -
EntrepreneursThe Women Redefining Web3’s Future Through Community, Purpose, and Real Utility
Yet the push toward a more mature version of Web3 is beginning to reveal a different kind of leadership, one that is less concerned with speculation and more invested in the long-term health of communities, real utility, and the social impact that emerging technologies can enable. -
Business NewsIndia Requires US$145 Billion in Annual Energy Investment to Bridge Growth and Climate Targets
Wood Mackenzie shares critical pathway for India to navigate energy security and transition while maintaining 6% GDP growth through 2035 -
Business NewsRaffles Family Office Appoints Former BNP Paribas Private Banker as Managing Director
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 […] -
Business NewsWisdom Family Office Appoints Arthur Fong as Managing Director and Senior Advisor
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 […] -
Business NewsDeutsche Bank Private Bank Strengthens Investment Management Team in North Asia
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 […] -
Business NewsQBE Re Appoints Sven Liu as Head of Greater China
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. […] -
TechnologyAsus Smartphone Exit Signals Shifting Tech Landscape Towards AI
Another tech company is shelving their smartphone vertical. We dive deeper into the global smartphone landscape and changed market dynamics.By Kul Bhushan