There have been talks of setting up a scheme that encourages the establishment of Family Offices in the country.    A Family Office is essentially an entity that manages the family’s wealth accumulated from its main business(es). Typically, the money is invested in financial products directly or indirectly (e.g. hedge funds, private equities).           Globally, Family Offices are dominating ...

Year 2024 started with high hopes on economic recovery. Inflation seemed to be contained, and rate cuts were on horizon.   Months later, the hope is fading away. Now, there is more pessimism than optimism.   Inflation Risk Strong jobs data, coupled with geopolitical risk, are keeping the inflation at top range target of 2,5+1% (i.e. 3,05% YoY in March ...