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Tags Posts tagged with "HSBC"

HSBC

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UK-based multinational banking giant HSBC is considering listing its Indonesia unit on the stock exchange in Jakarta, Bloomberg News reported with reference to unnamed...
Expat life in the Philippines a double-edged sword, says survey

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The Philippines is more popular for expats within Southeast Asia for those seeking a partner and finding a place to raise their children, but...
Thai central bank to issue state-backed digital money

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The central Bank of Thailand (BoT) revealed on August 22 plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the...
ANZ pulls the plug in core Asian markets

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Retail banking customers of Australia and New Zealand Banking Group (ANZ) in Singapore, Hong Kong, China, Taiwan and Indonesia will soon have to look...
Barclays cuts hundreds of jobs in Asia, exits South Korea, Taiwan

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British bank Barclays is closing its investment banking units in Asian countries, namely Indonesia, Malaysia and Thailand, as well as in Australia and Russia,...
Itochu in $1 billion tie-up with Thailand’s CP group

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Japan's trading conglomerate Itochu Corp entered into a $1 billion tie-up with Thai billionaire Dhanin Chearavanont's Charoen Pokphand Group (CP) to target rising demand...
Indonesia plans restrictions on foreign banks

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A new draft of Indonesia's banking bill has revealed that lawmakers will proceed with a plan to restrict the operation of foreign banks, setting...
Philippine economy showing signs of fatigue, says HSBC

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The Philippine economy is showing signs of fatigue but is likely to recover in 2015, British bank HSBC said in its latest Asia Economic...
Malaysia eyes first rate hike in 3 years

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Malaysia's central bank Bank Negara is expected to raise interest rates on July 10 for the first time in more than three years to...
Thai economy struggles to recover from political turmoil

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Thailand's economy continued to struggle in the second quarter of the year but appeared to grow from the first, a top central bank official...
Indonesia manufacturing on record high

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Indonesian manufacturing activity surged to a record high in May, driven by unprecedented growth in new orders, an HSBC Markit purchasing managers' index (PMI)...
Indonesia 10th largest economy globally: World Bank

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Indonesia has the 10th largest economy in the world with the country contributing 2.3 per cent of global economic output; according to a recent...
UAE property now 36% costlier than it was in first quarter of 2013: Bayut.com

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Statistics released by Bayut.com, the leading UAE property portal, show that with every passing quarter, UAE is becoming more expensive. Property prices, which rose...
Vietnam’s top insurer seeks foreign partner

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Baoviet Holdings, Vietnam's top insurer, said it was seeking shareholders' approval to find up to three foreign strategic partners in the corporate governance and...
Dubai short of half a million construction workers

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Dubai’s construction and real estate sectors are facing a combined manpower shortfall of up to 500,000 heading into 2015, according to the findings of...
Companies pledge millions in typhoon help to Philippines

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Companies and banks are on a growing list of private-sector donors who have pledged millions of dollars to support relief efforts in the Philippines,...
Singapore loses No 1 rank as expat destination

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After holding the top spot for the past two years, Singapore has fallen to third place in an annual global survey on the most...
Indonesia’s economy gets some relief

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Indonesia on October 1 reported a surprise trade surplus for August 2013, its first in five months, offering some relief to the ailing rupiah,...