Banking & Finance
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Myanmar to open banking sector to ten more foreign lenders
Myanmar plans to issue up to ten new licenses to foreign banks to commence retail operations in...
Indonesia to surpass Thailand as Southeast Asia’s biggest stock market
Indonesia is set to become the biggest equity market in the Southeast Asia region as the entire...
Grab, Razer, iFast, Ant, TikTok maker bid for digital banking license in Singapore
Singapore-listed wealth management fintech platform iFast said it is leading a consortium with Chinese partners to submit...
Old guard keeps leading Indonesia’s richest list
Indonesia’s old-guard business tycoons remain the richest people in Southeast Asia’s largest economy, the new list of...
Thailand slips in expat country ranking, Vietnam surges
In a surprise development, this year’s Expat Insider 2019 report, which ranks the best and worst places...
Thai beer giant readies for $3-billion Singapore IPO
Thailand’s largest brewery Thai Beverage (ThaiBev), owned by
the country’s fourth-richest man, billionaire Charoen Sirivadhanabhakdi, is
reportedly preparing to...
Vietnam closes up to Singapore in fintech startup funding
Vietnamese financial technology startups are quickly
catching up to Singapore in attracting Southeast Asian venture capital funding,
with Indonesia...
Vietnam’s most profitable companies named
Hanoi-based business advisory and market research firm Vietnam Report has released its latest Vietnam Profit 500 list,...
Singapore, Indonesia, Philippines surge in world talent ranking, Thailand drops
Singapore, Indonesia and the Philippines advanced in the World Talent Ranking 2019 just released by Switzerland’s IMD...
Philippines’ Ayala expands into Myanmar
Philippine holding company Ayala Corp. is taking a stake for
$237.5 million stake in Yoma Group, a family...
Singapore aims to become regional hub for digital banks
Singapore is undertaking steps to become a regional hub for technology firms with advanced data expertise, particulally...
Malaysia limits cash transfers to 25,000 ringgit, Thailand relaxes limits for money outflows
Malaysia will impose a cash transaction limit of 25,000 ringgit ($6,062) from the beginning of next year...
Southeast Asia’s tallest tower open for business this December
Southeast Asia’s tallest skyscraper is set to open its doors this December after more than four years...
Malaysian “financier” Jho Low agrees to return $1 billion stolen from state fund 1MDB
The US Department of Justice on October 30 reached a settlement deal with Malaysian financier Jho Low...
Special economic zone in Laos expects $10 billion in investments
A special economic zone in northern Laos bordering China is
anticipating investment of at least $10 billion to...
Builder of Thailand’s tallest tower defaults on loans, halts projects
Bangkok-based property developer Pace Development Corp., builder of Thailand’s tallest tower MahaNakhon in Bangkok, on October 21...
1MDB-linked superyacht has become trading object
Equanimity has been renamed Tranquility and put on the market at a 60-per cent premium
A superyacht...
Myanmar’s economy picking up again ahead of next year’s elections
Government district in Naypyitaw, Myanmar © Arno Maierbrugger
Myanmar’s GDP is projected to grow by 6.6 per cent...
Latest
Philippines: Resident make the best out of Taal eruption and turn ash into bricks
Residents of the Filipino city of Binan in Laguna province, which was affected by the Taal volcano...
Stories of the week
Philippines enforces total OFW deployment ban to Kuwait
The Philippine government has enforced a total ban on the
deployment of Overseas Filipino Workers (OFW) to Kuwait....