banking
New Myanmar bank to supply tourism businesses with cheap loans
A new bank, Myanmar Tourism Bank, will begin operations within six months in so far three branches in Yangon, Mandalay and Naypyidaw with the sole...
Japanese financial firm to buy Indonesia’s Bank Mutiara
Japanese finance company J Trust Co Ltd is set to buy Indonesia's PT Bank Mutiara Tbk to tap rising demand for retail finance in...
Bangkok shutdown could cause $4b in damage
The announced "shutdown" of Bangkok by anti-government protesters from January 13 onwards could cause damage for businesses, tourism and investment of $4 billion, the...
Deloitte Consulting to enter Myanmar
US-based Deloitte Consulting which are giving consulting services in South East Asia countries is planning to make investment in Myanmar, sources say.
A representative from...
Message to Bruneian banks: Shape up your customer service
As years pass, many new banking services have been rolled out to enhance consumer experience in Brunei. Internet banking, ATM debit cards, branches cropping...
Malaysia’s capital markets triple
Malaysia sticks out at as a beacon of financial prowess even when pressed up against the world’s most stellar economies. The size of capital...
Labuan eyes 10,000 registered companies in 2013
Labuan, the federal territory of Malaysia off the coast of Sabah and known as an offshore financial center, aims at reaching a total number...
Brunei can benefit from Japan’s economic opening, if it happens
The recent visit of Brunei's leader to Japan has been an important step to intensify and promote bilateral economic ties as Japan has entered a new era of consolidating and restructuring its economy.
Sumitomo pays $1.52b for Indonesia bank
Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...
Khazanah bids $1.8 billion for Thai bank
Malaysia's state investment holding Khazanah is bidding for General Electric's 25.3 per cent stake in Thailand's Bank of Ayudhya, according to a Reuters report published...
Thai companies post record sales
Thai companies were hitting record highs in sales of $339 billion in 2012 and showed a 15.67 per cent growth in net profits compared...
Brunei eyes investment in the Philippines
Brunei is showing interest in investing in the Philippines, namely in Iloilo, a province located in the Western Visayas region, it emerged after a...
Laos growing, but risks remain
Laos has maintained robust growth in 2012 and expects further advancement in 2013, though the country is facing a challenge in managing its domestic...
Robust outlook for Cambodian banks
The banking system in Cambodia is expected to remain robust in 2013 despite the economic crisis in Europe and the economic slowdown in the...
Cambodia-Vietnam trade jumps 18%
Bilateral trade volume between Cambodia and Vietnam jumped to $3.3 billion in 2012, a 18 per cent rise from $2.8 billion in 2011, according...
Potential abound
The Islamic Bank of Thailand is the Buddhist nation's first Shariah-compliant bank. Senior executive VP Rak Vorrakitpokatorn in an exclusive interview.
Laos to set up 41 special economic zones
In an effort to boost the country's economic development, the Laos government has agreed to set up no less than 41 special economic zones,...
Ethical values remain the core of Islamic banking
Islamic banking is growing in Malaysia at a rapid pace. Inside Investor sat down with Y.Bhg. Dato' Hj. Mohd Redza Shah bin Abdul, CEO of Bank Muamalat and President of the Association of Islamic Banking Institutions Malaysia to learn about the sector's driving forces.
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...