M&A
Philippines’ San Miguel says it seeks overseas acquisitions to boost profits
The Philippines' most diversified conglomerate San Miguel Corp is on the lookout for profitable energy, food and airline companies abroad that it can acquire...
Singapore’s OCBC offers $4.95b for Wing Hang bank
Oversea-Chinese Banking Corp Ltd, or OCBC, Singapore's second-biggest financial institution, made a formal offer to buy Hong Kong's Wing Hang Bank Ltd for a...
Vietnam opens doors to investors in banks, telecom
Vietnam's prime minister Nguyen Tan Dung said the government will allow greater foreign ownership of local banks of up to 49 per cent as...
Singapore’s MediaCorp plugs into start-ups
Last month, Singapore’s largest media company announced the launch of a new strategic investment project targeting digital media start-ups. MediaCorp, which is owned by...
ASEAN e-reader boom led by 2 companies
The e-reader market in Southeast Asia is booming. ASEAN people have proven themselves eager consumers of the latest “smart” gadgets, like tablets and iPhones,...
Top 5 transactions leading ASEAN’s M&A trend
The World Bank has long underscored the economic importance of Southeast Asia, a top global growth engine, because of its burgeoning middle classes and...
Brunei investors reach out to Oman
Oman Brunei Investment Co (OBIC), a joint venture between the governments of Brunei and Oman, is looking forward to investing heavily in Oman's private...
M&A in ASEAN highly attractive for Gulf banks
There is remarkable activity going on in Southeast Asia with regard to mergers and acquisitions in the banking sector. Bank acquisitions are set for a record year of volumes with more than $20 billion worth of deals in the pipeline.
KKR bullish on Southeast Asia in 2013
US-based private equity firm Kohlberg Kravis Roberts & Co (KKR) sees economic growth and increased consumer spending in ASEAN as a good basis for...
Asia’s largest advertising group created
The takeover of UK-based marketing agency Aegis by Japan's advertising giant Dentsu for $5 billion is creating Asia's largest advertising conglomerate. The deal will...
Latest
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...