CIMB Singapore’s trade finance platform to generate $100 mn
The bank completed its first trade financing transaction using IoT cargo sensors and blockchain...
Tag : Asia
Amundi enhances thematic investments for Asia investors
The asset manager launches five new offerings in Singapore and one in Hong Kong...
Philippines’ MPIC sells hospitals stake to KKR group for $684.5 mn
The consortium will subscribe to $100 mn worth of 41,366,178 new common shares in the company...
JP Morgan targets Asia’s ultra-rich with Singapore trust
The Singapore team will be supported by JP Morgan’s units in Asia, US, and Europe...
ADB to finance SE Asia’s largest floating solar plant in Vietnam
ADB will provide a loan of $37 mn to Vietnam-based independent power producer for the project...
Malaysia Airlines merger could hit Malaysia AirAsia X
The newly merged entity will see less competition, particularly from the mid-haul segment...
DBS to grow its global transaction business in Asia
The bank aims to grow its revenue from GTS in Vietnam by 30% and from the Guangdong-Hong Kong-Macau region by 55%...
EXCLUSIVE – Telecom: Is Southeast Asia ready to adopt 5G technology?
Ericsson and Hong Kong's OFCA are both positive over the demand and use cases for 5G in Southeast Asia going forward...
With fast growth, global asset management firms shift focus to Asia
Asset management profits in Asia jumped by 200 percent to about $32 billion between 2007 and 2018...
Saudi Aramco boosts presence in Asian refining with Hyundai Oilbank stake
The Saudi oil giant will take a 17% stake for $1.25 billion in the South Korean refining company...