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DBS seen as frontrunner for Barclays' HK, Singapore wealth units
BY Reuters |
23 Mar 16
Singapore's DBS Group Holdings is seen leading the race to buy British bank Barclays' Hong Kong and Singapore private wealth units, valued at as much as $300 million (£308.4 million), sources with knowledge of the situation said.
Ashurst forms NewLaw service delivery team
BY Eileen Ang |
23 Mar 16
Ashurst has launched Ashurst Advance, an integrated global team focused on innovating three critical areas of legal-service delivery: resources, process and technology.
Big Indonesia investment-rules changes to take effect soon
BY Reuters |
23 Mar 16
Major easing of foreign investment restrictions that Indonesia announced last month as a "big bang" liberalisation should become effective by the end of March, a senior official said.
Debevoise sets up Tokyo office
BY Eileen Ang |
22 Mar 16
Debevoise & Plimpton has opened an office in Tokyo, its ninth globally.
Philippine frontrunner favors easing foreign ownership in media, utilities
BY Reuters |
17 Mar 16
Grace Poe, frontrunner in the Philippines' presidential election campaign, said on Wednesday she favored relaxing restrictions on foreign ownership in utilities and media as part of changes she would introduce in the constitution.
Tower firms eye Zain's assets in Kuwait, Saudi
BY Reuters |
17 Mar 16
Kuwaiti telecoms group Zain is narrowing the field of potential bidders for its mobile transmitter towers in Kuwait and Saudi Arabia, sources familiar with the matter told Reuters.
Vietnam, foreign firms in $650 mln power plant construction
BY Reuters |
17 Mar 16
State utility Vietnam Electricity group (EVN) said it had signed a contract with a consortium including South Korea's Doosan Heavy Industries & Construction Co and Japan's Mitsubishi Corp to build a coal-fired power plant.
Kuwait Airways seen facing last chance to find its wings
BY Reuters |
17 Mar 16
Kuwait Airways' overhaul may be management's last chance to save it, as the slump in oil prices means the government cannot go on funding its losses at a time when it is struggling even to pay public sector salaries, industry experts say.
Singapore Exchange, NSE to launch offshore Indian sector futures
BY Reuters |
17 Mar 16
The Singapore Exchange along with the National Stock Exchange will list four sector-specific India futures contracts, a first for such derivatives, a statement said.
Bahrain's bourse sets up REITs market
BY Reuters |
17 Mar 16
Bahrain's stock exchange has established a market for real estate investment trusts (REITs), it said.
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