BankingBangkok Bank buys nearly 90% stake in Bank Permata for $2.7 bnInternational Finance DeskDecember 13, 2019 by International Finance DeskDecember 13, 2019 The Thai lender seeks to explore new markets to strengthen its presence in Southeast Asia... Read more
AviationPassenger traffic to grow by 5-6% at Malaysian airports in 2020Pritam BordoloiDecember 11, 2019 by Pritam BordoloiDecember 11, 2019 The growth will be driven by Visit Malaysia 2020 and a 3.2% increase in domestic seat capacity... Read more
Real EstateOversupply in real estate a worry for SingaporePritam BordoloiDecember 10, 2019January 24, 2020 by Pritam BordoloiDecember 10, 2019January 24, 2020 Singapore faced an oversupply of 31,948 units as of September 30... Read more
FintechGrab launches SE Asia’s first numberless cardPritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore... Read more
Real EstateHong Kong to see sharp fall in commercial property rent in 2020Pritam BordoloiDecember 4, 2019January 24, 2020 by Pritam BordoloiDecember 4, 2019January 24, 2020 Rents in busy commercial areas will fall by 15% next year, the biggest drop since 2013... Read more
BankingForeign resident deposits in Singapore banks hit S$49.76 bnPritam BordoloiDecember 3, 2019 by Pritam BordoloiDecember 3, 2019 The deposits has been increasing every month since April... Read more
AviationHong Kong Airlines capital runs low, may lose licencePritam BordoloiDecember 3, 2019 by Pritam BordoloiDecember 3, 2019 Authorities ask the carrier to raise more cash or risk losing its business... Read more
BankingRCBC to launch first Philippines-based virtual bankPritam BordoloiDecember 2, 2019 by Pritam BordoloiDecember 2, 2019 The new venture Diskartech will be the first Filipino financial inclusion-focused virtual bank... Read more
Company Profile Magazine November- December 2019 IssueTong Eng Group: Singaporean developers going globalInternational FinanceDecember 1, 2019January 15, 2020 by International FinanceDecember 1, 2019January 15, 2020 With the third generation now running the day-to-day operations, Tong Eng Group has uniquely come on top of all boom and bust real estate cycles... Read more
Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more