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Southeast Asia
M&A
GLP & Grab among highest contributors to Southeast Asia M&A deals in 3Q
SINGAPORE (Oct 24): Q3 was a quarter of top deals for Southeast Asia, spiking 81.8% on-year to US$26.7 billion ($36.3 billion) across 97 deals, according to Mergermarket’s latest Southeast Asia M&A trend report Q1-Q3 2017.
October 24, 2017
Currencies
Southeast Asia faces more currency risk, says World Bank
(Oct 5): Malaysia, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange rate risk than other developing economies in East Asia and the Pacific as global financial conditions tighten, the World Bank said.
October 05, 2017
SoftBank emerges as lead financier for Uber rivals
(July 25): Uber Technologies Inc. is at risk of losing out on another big chunk of the global market.
July 25, 2017
Commentary
Twenty years after the Asian crisis, what are the prospects for the region?
SINGAPORE (July 3): Two decades ago, several Asian economies were shattered by a series of financial, economic and political crises that set the region back badly.
July 03, 2017
Global Economy
Vietnam rejoins club of 6%-GDP-growth nations as exports surge
HANOI (June 30): Vietnam’s economy recovered this quarter with a surge in exports allowing it to rejoin a small group of nations posting growth rates of more than 6%.
June 30, 2017
Currencies
Thailand’ ‘super-baht’ may be too strong for its own good
BANGKOK (June 30): Two decades ago, Thailand became ground zero of the Asia financial crisis, when its government scrapped a dollar peg with the baht, a devaluation that unleashed a wave of speculative attacks on other regional currencies and shook the gl
June 30, 2017
Singapore economy
Steady domestic demand to continue driving Singapore’s growth in 2017
SINGAPORE (June 22): The Institute of Chartered Accountants in England and Wales (ICAEW) has forecasted a higher gross domestic product (GDP) growth of 2.7% for Singapore this year, citing improved growth dynamics and the ongoing recovery in global trade.
June 22, 2017
Advice from a Thai tennis coach about emerging stocks
June (22): When Samak Srisarakham first came to Bangkok as an 11-year-old with his older brother, he slept in bare-bones communal bedding next to a tennis court. He could barely imagine growing up to a life of fancy restaurants, new clothes and the latest
June 22, 2017
UOB signs MOUs in support of Chinese companies expanding through Belt & Road initiative
SINGAPORE (June 20): United Overseas Bank (UOB) has signed a total of two Memoranda of Understanding (MOUs) with the Chinese Chamber of International Commerce (CCOIC), China’s national business association, as well as Qiangjian Group, the largest constr
June 20, 2017
M&A
Ride-hailing apps drove 2016 private equity value surge in Southeast Asia
SINGAPORE (June 15): The overall value of private equity (PE) deals in Southeast Asia rose by 42% to reach US$7.8 billion ($10.7 billion), driven largely by the technology sector where the region’s two ride-hailing apps, Go-Jek and GrabTaxi, raised a to
June 15, 2017