News and Trends

Business News

Visa 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 News

UBS 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 News

Hong 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 News

William 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 News

Revolut 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 News

Tridorian 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 News

DBS 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 News

Hong 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 News

Malaysia 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 News

Citi 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 […]
Business News

Advantest 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 News

What 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 News

C 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 News

Southco 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 News

HeyMax 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 […]
Business News

Raffles 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 News

Wisdom 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 News

QBE 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. […]
Business News

IPC Partners with Taiwan-Based Vsense to Deliver FPGA-Powered Trading Infrastructure Globally

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, […]
Business News

Fundbox Expands Into Australia With MA Financial Group–Backed Warehouse Facility

Fundbox, a provider of embedded capital infrastructure for small businesses, has expanded into Australia, bringing its technology, underwriting, and funding capabilities to platforms serving Australian small and medium-sized businesses (SMBs). As part of its market entry, Fundbox is supporting the launch of digital, embedded capital products for platforms operating in Australia, enabling SMBs to access […]
Business News

Singapore Emission Factors Registry Adds 94 New Emission Factors to Strengthen Carbon Reporting

Singapore, 22 January 2026 — The Singapore Emission Factors Registry (SEFR) has added 94 new emission factors (EFs), expanding Singapore’s carbon data infrastructure and enabling businesses to report emissions more accurately. With this update, SEFR now contains 319 emission factors, covering all Scope 1 and Scope 2 emissions, as well as four Scope 3 categories: […]
Business News

JLL Expands Australia and New Zealand Hotels Advisory and Asset Management Platform

JLL (Jones Lang LaSalle), a leading global commercial real estate services firm, has expanded its hotels advisory and asset management platform in Australia and New Zealand with two senior appointments, reinforcing its commitment to supporting clients across the region’s evolving hospitality market. JLL has appointed Wesley Milsom as Executive Vice President, Asset Management & Strategic […]
Business News

HSBC Forms Strategic AI Partnership to Transform Global Legal Function

HSBC, one of the world’s leading banking and financial services organizations, today announced a strategic partnership with Harvey AI, a pioneering artificial intelligence platform for legal and professional services. This collaboration aims to enhance HSBC’s global legal function by integrating advanced AI capabilities to support controls, security, and regulatory compliance. The pilot program will deploy […]
Business News

OCBC Establishes Dedicated Securities Financing Unit to Enhance Client Capital Efficiency

Singapore, January 2026 – OCBC Bank, one of Asia’s leading financial institutions, today announced the formation of a dedicated Securities Financing Unit within its Global Markets division. The new unit will focus on providing lending solutions against securities held in client accounts across OCBC Bank and its subsidiaries, including OCBC Securities, Bank of Singapore, and […]