Global wealth projected to rise 38% by 2027
The annual Global Wealth Report, which estimates the wealth holdings of 5.4 billion adults across 200 markets, says global wealth will reach $629 trillion over the next five years.
Big Picture
PM Anwar meets leading investors to explore strategic opportunities
Investors at the meeting included Facebook co-founder Eduardo Saverin and B Capital co-chief executive officer Raj Ganguly, WM Partners founder Alejandro Weinstein and European…
China issues new guidelines to attract foreign investment
The guidelines cover topics such as encouraging foreign investors to undertake major scientific research projects, and exploring a convenient and secure management mechanism for…
China faces no deflationary risk as demand, confidence recover
Despite challenges at home and from abroad, China's economy has sustained growth momentum with market demand and business confidence moving on a recovery trajectory, according to…
Indonesia says it must prioritise safety of delayed China-funded bullet train
A flagship project of President Joko Widodo and part of China's Belt and Road Initiative, the 142-kilometre railway connecting Jakarta to the city of Bandung was originally set to…
Bangladeshi banks have lowest capital base in South Asia
Local bankers say the capital base is not strengthening due to the growing bad loans.
Hopes raised in Japan’s tourism as Chinese ban on group tours ends
The end of the ban is likely to serve as a tailwind for the Japanese economy, but many challenges lie ahead for the country to accept a large number of tourists from China.
China resumes group tours to over 70 countries
Besides Japan, the list of countries where people can travel to include the United Kingdom, the United States and Australia.
Japanese pair discuss building a retirement village for Japanese in Cambodia
The facility will include general healthcare services, food, several kinds of accommodation, a golf course and a modern hospital.
Japan plans guidelines for AI-savvy human resources
While citing communication skills as necessary for the full use of generative AI, the guidelines warn against excessive reliance on the technology, noting the importance of ethics…