Asia Archives

Singapore’s economy to stay sluggish in 2017

International Finance DeskOctober 31, 2016

by International Finance DeskOctober 31, 2016

Growth in 2017 expected to be only slightly higher than this year, just above 2% IFM Correspondent October 31, 2016: Singapore’s central bank, the Monetary Authority of Singapore (MAS), said that the country’s small, trade-dependent economy is going through a cyclical downturn that has lasted longer than expected and is not expected to pick up...

Economy

Things are finally looking up for Asia

International Finance DeskOctober 20, 2016

by International Finance DeskOctober 20, 2016

Asia has managed to stabilise itself thanks to China’s improved economic performance Suparna Goswami Bhattacharya October 20, 2016: It is the last quarter of the year and things have changed drastically since January for the global economy. Asia, in particular, has witnessed a change in outlook by economists. Back in January, things looked shaky. Chinese...

Fintech

VocaLink to make a push in Asia Pacific

International Finance DeskSeptember 13, 2016

by International Finance DeskSeptember 13, 2016

Appoints Don Chow to lead Business Development in the region September 13, 2016: VocaLink, the global payment partner to banks, corporates and governments, has announced that Don Chow has joined the firm as Senior Vice-President, Asia Pacific. Based in Singapore, Don will be responsible for business development throughout Asia Pacific, working across the full range...

Fintech

MYPINPAD expands in Asia and MENA

International Finance DeskAugust 24, 2016

by International Finance DeskAugust 24, 2016

Smartphone adoption is growing in China, India, Indonesia and Japan August 24, 2016: MYPINPAD, an enabler of multi-factor authentication for touchscreen devices such as smartphones and tablets, has recently channelled efforts to bring its simple, proprietary and customer friendly authentication solution to Asia Pacific and MENA. Following the appointment of seasoned industry executives to lead global...

Economy

‘Brexit will cut global economic growth by 0.1 per cent’

International Finance DeskJuly 28, 2016

by International Finance DeskJuly 28, 2016

Also, the referendum may distract EU decision makers from core areas Suparna Goswami Bhattacharya July 28, 2016: Almost a month after the UK decided to exit the European Union, economists around the globe have come out with data suggesting that the referendum has had a mixed impact on the global economy with certain areas getting...

Business Leaders

Turner & Townsend relocates two senior leaders to Singapore

International Finance DeskJuly 5, 2016

by International Finance DeskJuly 5, 2016

Move to boost Asia business July 5, 2016: Independent professional services company Turner & Townsend has relocated its global head of major programmes to Singapore and appointed a new managing director for South East Asia to further strengthen business in the region. Ashley Prail, who has led the consultancy’s major programmes across the world for...

Economy

World Bank cuts global growth outlook

International Finance DeskJune 9, 2016

by International Finance DeskJune 9, 2016

Move prompted by low commodity prices and sluggish growth in advanced economies IFM Correspondent June 9, 2016: The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from 2.9 percent, which was projected in January. The move was prompted by sluggish growth in advanced economies, low commodity prices, weak global growth and...

Business Leaders

The best places to work in Asia

International Finance DeskMarch 24, 2016

by International Finance DeskMarch 24, 2016

Most of the companies are located in Australia followed by India IFM Correspondent March 24, 2016: Freight company DHL beat Google and SAP to be the best company to work in Asia under the MNC category, according to a survey by Great Place to Work, which conducts research on the characteristics of great workplaces. Australia-based...

Banking

WorldRemit partners with UAE Exchange

International Finance DeskMarch 13, 2016

by International Finance DeskMarch 13, 2016

New services will be rolled out in Africa, Middle East, Asia May 13, 2016: WorldRemit –– has partnered with UAE Exchange, the global remittance, foreign exchange and payment solutions brand — to offer its customers instant money transfers for multiple markets. Through the partnership, WorldRemit customers can now send money instantly to be picked up...

Finance Wealth Management

‘East Asia is a very important market for deVere Group’

International Finance DeskMarch 10, 2016

by International Finance DeskMarch 10, 2016

Interview with the CEO Nigel Green March 10, 2016 Congratulations on winning International Finance Magazine’s ‘Best International Advisory Company – EAST ASIA’ award. Thank you. It’s an honour to receive it. This award – our seventh in as many months – is a reflection of the unbridled energy and commitment of our deVere Group teams...