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Sumitomo Mitsui Banking Corp

Japan’s Marubeni to invest $17 billion in Philippine infrastructure projects

Japanese industry and trading conglomerate Marubeni Corporation committed to invest $17.2 billion in short- to long-term Philippine infrastructure projects, namely mass transport systems, roads...
Foreign investors pull out $2b from Thailand

Thailand's May 22 military coup prompted global investors to pull about $2 billion from the nation’s stocks and bonds, sending the country's currency downwards. The...
Japanese bank launches Shariah branch in Malaysia

Japan’s Sumitomo Mitsui Banking Corp (SMBC) will launch a fully Shariah-compliant Islamic finance operation in Malaysia, Japan’s Jiji Press reported on March 10. The...