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Latest ASEAN News

Daily news and intelligence from all eleven ASEAN member states. Every story is traceable to a verified source and reviewed by the ASEAN Rising newsroom before publication.

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Top ASEAN story today
financefintech· 5 Jul 2026

Labuan IBFC climbs to 55th in GFCI, second in ASEAN fintech

Labuan International Business and Financial Centre, established in 1990 off Sabah, has risen to 55th in the Global Financial Centres Index and now ranks second in ASEAN for fintech after Singapore. Industry assets reached US$94 billion in 2025, with nearly 5,000 operating companies from 100+ countries, growing captive insurance, Islamic digital finance, and cross-border wealth structuring under a single regulator, Labuan FSA.

Why it matters

Labuan IBFC's climb up the Global Financial Centres Index - to 55th globally and 2nd in ASEAN for fintech - matters because credibility, not just tax efficiency, is now the currency of cross-border finance. Malaysia's FATF 'regular follo…

Source: South China Morning PostRead story →

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financefintech· 5 Jul 2026

Labuan IBFC climbs to 55th in GFCI, second in ASEAN fintech

Labuan International Business and Financial Centre, established in 1990 off Sabah, has risen to 55th in the Global Financial Centres Index and now ranks second in ASEAN for fintech after Singapore. Industry assets reached US$94 billion in 2025, with nearly 5,000 operating companies from 100+ countries, growing captive insurance, Islamic digital finance, and cross-border wealth structuring under a single regulator, Labuan FSA.

Why it matters

Labuan IBFC's climb up the Global Financial Centres Index - to 55th globally and 2nd in ASEAN for fintech - matters because credibility, not just tax efficiency, is now the currency of cross-border finance. Malaysia's FATF 'regular follo…

Source: South China Morning PostRead story →
Philippines flag PhilippinesInfrastructure· 14 Jun 2026

Gov't eyes 9 flagship infra projects done by end 2026

The Philippine government aims to complete 9 flagship infrastructure projects by late 2026, including the Cavite-Laguna Expressway, Metro Manila Flood Management Project, and the NLEX-SLEX Connector Road.

Source: business.inquirer.netRead story →