Vietnamese banks ramp up foreign ownership ratio to foster financial growth
TechcomBank’s board of directors increased its ownership limit to 22.5% of its...
Southeast Asia
Singapore’s property market sees rebound after positive Q3 results
The local population purchased nearly 81 percent of all private flats in...
Hai Phong touted as Southeast Asia’s Shenzhen by Hong Kong investment adviser
Hai Phong’s economy surged 16.7 percent in 2019...
CGS-CIMB expects Singaporean banks to bolster growth
CGS-CIMB estimates a target price of $25.51 for DBS and a target...
Vietnam’s Nexttech and Visa to spur digital payments in the country
Nextttech currently serves over six million users and 120,000 merchants on its...
Chinese banks see rebound in retail lending business
The Bank of Communications recorded a slump in 6.9% Q3 net profit...
Keppel O&M’s pilot for Singapore’s first ever floating Energy Storage System
The consortium will assist Keppel O&M to install a 7.5MW/7.5MWh lithium-ion battery...
Temasek establishes new asset management entity worth $50 bn
Seviora will serve as an operational company for four of Temasek-owned firms...
Indonesia to create $5 bn sovereign wealth fund
The sovereign wealth fund will be called Investment Authority Indonesia...
How Vietnam is revolutionising solar power
Vietnam’s cumulative solar installation will reach 5.5 GW this year, accounting for...