S&P Global has confirmed Morocco's robust economic performance, attributing it to key sectors such as tourism, phosphates, automotive, and aerospace. In its latest report, the agency highlighted Morocco's commitment to positive economic reforms designed to promote more inclusive and resilient growth. The country has focused on investment-friendly actions, with special...

BNP Paribas has appointed Bruno Boussard as the chief executive officer of its Taiwan branches, effective from 1 October 2024, pending regulatory approval. In his new role, Boussard will oversee BNP Paribas’ operations in Taiwan, including its corporate and institutional banking (CIB), wealth management, asset management, securities, and insurance divisions....

Geneva-based Pictet has named Alison Lim as the new chief executive officer for its Singapore branch, as reported by finews.asia. According to an internal memo obtained by the outlet, Lim’s appointment will be effective from 6 January 2025, pending regulatory approval. In her new role, she will report to Victor...

Aviva Investors has announced the appointment of Sandra Cheng as CEO of Asia Pacific and head of distribution for the region. Cheng, who will be based in Singapore, will report to Jill Barber, the company’s chief distribution officer. Cheng joins Aviva Investors from Columbia Threadneedle, where she held the roles...

The World Bank Group (WBG) has ranked Hong Kong among the top 10 economies in its Business Ready 2024 Report. This recognition highlights the city’s robust international trade capabilities and efficient business infrastructure. The Hong Kong government welcomed the report, calling it a testament to the city’s status as a...

GoTyme, the digital banking arm of the Gokongwei Group of Companies, has been recognized as the top local bank for customer experience (CX) by leading global research and advisory firm Forrester. The bank, a collaboration between the Gokongwei Group and multi-country digital banking group Tyme, earned the highest scores in...

The competition between food delivery giants Swiggy and Zomato has taken a new turn, with Swiggy reportedly poised to sponsor the upcoming fourth season of Shark Tank India. Notably, Zomato's CEO, Deepinder Goyal, who served as a judge on the previous season, has confirmed that he will not return this...

The European Union’s decision to impose punitive tariffs on electric vehicles (EVs) imported from China has faced backlash from various officials, business leaders, and scholars, who argue that the move is protectionist and could harm EU economies. The vote on Friday revealed deep divisions within the bloc. Germany, the EU’s...

Taylor Swift has solidified her position as the world's richest female musician, with her wealth now estimated at $1.6 billion, overtaking Rihanna, who currently sits at $1.4 billion. Beyond this remarkable feat, Swift now ranks second among the wealthiest musicians overall, trailing only Jay-Z, whose fortune stands at an impressive...