Metrobank Concludes USD720-Million Stock Rights Offering at Philippine Stock Exchange

MANILA, PHILIPPINES - Metropolitan Bank and Trust Company (Metrobank), the second largest bank in the Philippines, held a bell ringing ceremony at the Philippine...

Philippine Exports Drop in February, NEDA Says

MANILA— Philippine merchandise exports recorded a 3.1-percent decline in February 2015 on account of lower sales in agro-based products, manufactures, and petroleum products, according...

Malaysia’s Maybank to Open New China Branch; Readies Samurai Bond Offering

MALAYSIA - Malaysia's largest bank and financial group, Malayan Banking Bhd (Maybank), is set to open its fourth branch in Greater China this week...

Philippines To Explore Untapped Halal Market

MANILA, PHILIPPINES - The Department of Trade and Industry (DTI) pushed for the capability of Halal market be explored in the Philippines through its...

Philippine Inflation Slows Down to 2.4% in March

MANILA, PHILIPPINES - Headline inflation in the Philippines eased slightly to 2.4 percent year-on-year in March from 2.5 percent in February, the country's central...

Philippine Foreign-Exchange Reserves Hit 3-Month Low in March

MANILA, PHILIPPINES - Foreign exchange reserves in the Philippines fell to USD80.4 billion as of the end of March from USD80.8 billion in February,...

Philippine Stock Market Registers New All-Time High

MANILA - The Philippine Stock Exchange index (PSEi) broke past the 8,100 level and registered a new all-time high on Tuesday as inflation eased...

Insurance Industry in Malaysia Forecast To Grow Between 5% and 10% this Year

Malaysia’s insurance industry is set for a another fruitful year as the Life Insurance Association of Malaysia (LIAM) has predicted that the country's life...

Suzuki to Build Second Plant, Hire 300 Staff in Myanmar

TOKYO - Japanese carmaker Suzuki is building a new plant in Myanmar with plans to hire around 300 new people as it seeks to...

Asia Business Brief – Japan’s Richest Man Named, Toyota Building Car Plant in China,...

Here are the top business stories around Asia for April 3, 2015 Japan's Richest Man is Tadashi Yanai The latest list released by Forbes showed that...

Hyundai, Toyota to Expand Car Production Capacity in China

South Korea's largest car manufacturer, Hyundai Motor Co, and Japanese car producer Toyota Motor Corp are expanding their car production capacity in China with...

Daily Summaries: Japan’s Business Sentiment Dips, China Deposit Insurance In May, Asia-Pacific Hedge Funds...

Japan's business sentiment dips in first quarter, while China's deposit insurance is set to be launched in May. The Philippines also gets a growth...

Website Allows Singaporeans To Compare Insurance Products

The Monetary Authority of Singapore (MAS) announced that a new web portal called compareFirst will be launched on 7 April, allowing Singaporeans to compare...

Macquarie Reportedly Cutting Banking Jobs in Asia

Australia's No. 1 investment bank, Macquarie Group Ltd, reportedly announced plans to cut about 50 percent of its total investment banking jobs in Asia,...

Japan’s Factory Production Falls in February

Japan's industrial production contracted to a worse-than-expected 3.4% in February, the first fall in three months, according to official data released on Monday. The...