Asia
asia pacific health protection gap
Total healthcare costs in the Asia-Pacific region are projected to increase by 8.2% annually to a staggering $2.7trn by 2020, according to Swiss Re’s latest study which for the first time compares 13 markets in the Asia-Pacific region.
australias firstmac launches singapore operation
Firstmac Ltd, a privately-held Australian provider of residential loans, has opened an office in Singapore, and named Alfred Goh to head it up.
former citic pacific exec jailed for insider
A former assistant director of finance at CITIC Pacific, a Hong Kong based property and mining company, has been jailed and fined for insider dealing.
hong kongs affluent optimistic for market over
The “aspiring affluent” and affluent in Hong Kong are more optimistic about the next six months than their Singaporean counterparts according to a recent survey which also found the majority plan to review their investments.
not for profit pension providers recommended
Hong Kong’s Mandatory Provident Fund Schemes Authority is urging the government to consider a number of recommendations to help drive down fees and improve performance of MPF retirement schemes, even going so far as to suggest the use of not-for-profit providers.