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Singapore’s private home sales dropped to a 16-year low in August, reflecting weak buyer sentiment, although new launches and anticipated interest rate cuts are expected to drive demand in the coming months. Developers sold 208 units, down 47% year-on-year,…
Facebook is taking another step toward strengthening teens protection by introducing a new set of privacy tools. The social app announced today some updates to its policy of protecting young people from harm. After releasing similar features last year to…
Last year Apple announced one new key privacy feature for iOS called Private Relay. This new feature is currently in beta in iOS 15, iPadOS 15, and macOS Monterey, and it is available only for users enrolled in the Apple beta software program. Even though the…
Google announced today some changes made to give teens and pre-teens more control over some of Google’s most popular apps. Over the next few weeks, Google will debut a new policy that enables anyone under 18 years old or their parent or guardian to request…
Assets under management at HSBC Private Banking climbed higher, driven in part by more than $9 billion of net new inflows in the first half of 2021. Asia assets under management at HSBC Private Banking grew 25 percent to $193 billion in the first half of this…
HSBC has opened access to online trading for private banking clients in Asia as part of $100 million of investment in its core banking and digital platforms in the coming two years. HSBC Private Banking has launched its online trading platform in Asia,…
On Wednesday, Google finally announced a feature we told you was being tested for Google Messages since back in May. Now when Android users receive a chat message, a video, or a photo, they can respond to it in a second. A long press on the message will show…
HSBC continues to bolster its private banking business in Asia with the latest hire of chief operating officer, formerly with J.P. Morgan wealth arm. Sharon Oh joins HSBC Private Banking as its chief operating officer, replacing Gaurav Rao, who recently…
Truong Hai Auto Corporation (THACO) is planning to issue more than 30.3 million shares to a strategic shareholder. The company is currently collecting shareholders’ opinions on a draft resolution to authorize a private placement worth an estimated total of…
Indonesia’s largest lender Bank Mandiri wants a piece of the lucrative private banking business in Singapore, particularly the accounts of wealthy Indonesian clients. Recent reforms in Indonesia, including a successful tax amnesty, have made ultra-rich…
With the fastest growing ‘super rich’ group in the world, Vietnam is going to be a prime target for the HondaJet. Honda Motor has announced plans to start selling its HondaJet private aircraft in several Southeast Asian markets to capitalize on the region’s…
Many private hospitals in HCM City are on the verge of shutting down as most average patients prefer cheaper prices at public hospitals. Diep Van Phat, chairman of the International Phuc An Khang Hospital (Ipak), ordered employees to stop receiving patients…
AirAsia Group has announced it has incorporated a wholly-owned subsidiary company to acquire and manage a Bombardier Global Express executive jet. In a statement to the Bursa Malaysia, the conglomerate said AirAsia Corporate Charter (Kuala Lumpur Subang) had…
AirAsia has revived its earlier plan to buy the private jet used by its group chief executive officer Tan Sri Tony Fernandes and executive chairman Datuk Kamarudin Meranun, entering another sale and purchase agreement similar to the one inked in June last…
Most large enterprises can save at least 25% on their IT costs over five years by migrating to a private cloud from a legacy IT environment, according to financial analysis from by Nokia. The analysis, known as the Nokia Enterprise Private Cloud TCO Model,…
Just like real estate is about location, location and location, private banking is about scale, scale and scale – it is what’s needed to cope with the high cost of the business, say industry players. Monday’s surprise move by DBS Bank to snap up most of ANZ’s…
