Asian business founders and wealth owners are ageing, and more of them than ever are transferring their assets to younger family members in what has been dubbed the Great Asian Wealth Transfer. This trend is setting the stage for private wealth management advisers and banks to shine through comprehensive estate and legacy planning.
The Hong Kong Monetary Authority (HKMA) has published a discussion article called "Prototype of a Green Classification Framework for Hong Kong" to seek views on the development and introduction of a green taxonomy for Hong Kong. But what exactly is it all about?
In recent years, philanthropy in Asia has undergone a significant transformation, with a new generation of generous individuals emerging as powerful forces for change. From India to Hong Kong, these philanthropists are reshaping the landscape, inspiring change, and creating lasting impact. In this feature, we explore the exemplary stories of Asia's most prominent philanthropists, showcasing their commitment to education, healthcare, climate change, and beyond.
In a proactive move towards addressing the urgent issue of climate change, banks in the Philippines have taken decisive action. Recognising the pressing need to mitigate the environmental impact of their operations, these financial institutions have embarked on a series of initiatives aimed at promoting sustainability and reducing their carbon footprint.
