Markets
APAC companies face slower cash collection
                                                                                 
                    
                    Japanese firms had the lowest days receivable at 42 days.
                
                                
            APAC companies face slower cash collection
                                                                                                                 
                            
                            Japanese firms had the lowest days receivable at 42 days.
                        
                                                
                        
    
                    Why Singaporean investors should bet on Australia’s hospitality sector for strong returns
                                                                                                 
                        
                        Investors are starting to view hotels as not just a safe investment, but also a profitable one.
                    
                                        
                    
                Foreign institutions face stagnant growth in China
                                                                                                 
                        
                        Macro-economic shifts and regulatory changes challenge asset management expansion.
                    
                                        
                    
                Taiwan banks show stable asset quality
                                                                                                 
                        
                        Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.
                    
                                        
                    
                Filipinos collectively spent 42 years on digital lending apps in 2023
                                                                                                 
                        
                        About 63.4% of the time was spent on platforms offering personal loans.
                    
                                        
                    
                ASEAN region attracts soaring overseas business interest
                                                                                                 
                        
                        Foreign direct investment surges as businesses seek ASEAN expansion.
                    
                                        
                    
                Overseas expansion impacts Korean banks’ profits
                                                                                                 
                        
                        Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
                    
                                        
                    
                Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra
                                                                                                 
                        
                        Diversified large NBFCs might turn to public debentures.
                    
                                        
                    
                SingPost thriving amidst e-commerce surge
                                                                                                 
                        
                        Postal giant’s CEO International, Li Yu, shares insights on industry challenges and SingPost’s trailblazing transformation.
                    
                                        
                    
                Third-party risk management challenges persist in APAC: KPMG
                                                                                                 
                        
                        85% of businesses view third-party risk management as a strategic priority, but many still struggle to establish fit-for-purpose programmes.
                    
                                        
                    
                Diplomats, company execs gather at the 2nd ThePhilBizNews embassy night
                                                                                                 
                        
                        UK trade envoy Richard Graham shared how he and the UK hopes to strengthen trade ties with the Philippines.
                    
                                        
                    
                New bill slashes transaction costs for Hong Kong market makers
                                                                                                 
                        
                        The government gazetted a bill waiving stamp duty payable on certain transactions relating to dual-counter stock.
                    
                                        
                    
                HSBC appoints co-heads for commercial banking business in Asia: report
                                                                                                 
                        
                        Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.
                    
                                        
                    
                Deutsche appoints ex-UBS exec as wealth vice chairman in APAC
                                                                                                 
                        
                        Mahesh is rejoining Deutsche after leaving in 2017.
                    
                                        
                    
                China deems 19 banks 'too big to fail'
                                                                                                 
                        
                        These banks face new capital and regulatory requirements.
                    
                                        
                    
                Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA
                                                                                                 
                        
                        BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.
                    
                                        
                    
                Singapore lifts dividend cap on local banks, financial companies
                                                                                                 
                        
                        Local financial firms are expected to remain resilient even should the economy slip into a recession again.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                 
                