The first season in the current lineage was played in 1995, although there had been earlier attempts to create an Asian Tour. The Asian PGA was formed in July 1994 at a meeting in Hong Kong attended by PGA representatives from eight countries. In 1998 the Asian Tour became the sixth member of the International Federation of PGA Tours. In 2002, the tour moved its office from Hong Kong to Malaysia and in 2004 the tour was taken over by a new organisation established by the players, who had been in dispute with the previous management.which is also the home to what was at that time the tour's richest sole sanctioned tournament, the Singapore Open. Official money events on the tour count for World Golf Ranking points.

Each year the Asian Tour co-sanctions a number of events with the PGA European Tour, with these events offering higher prize funds than most of the other tournaments on the tour as a result. From 2008, 50 per cent of players’ earnings from the U.S. Open and The Open Championship will count towards the Asian Tour’s Order of Merit. The two Opens have been singled out from the other majors because they have open qualifying which Asian Tour members may enter.