Southeast Asia

Jetstar Asia to close at end of July

The loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".

June 12, 2025

Thailand's CKPower secures Thb5bn green bond

The proceeds from institutional investors will be primarily used to support the Luang Prabang Hydroelectric Power Project in Laos.

June 10, 2025

Morrison Foerster bolsters private funds practice in Singapore

Xuanyi Liu has joined the global law firm as a partner this month from Gibson, Dunn & Crutcher.

June 10, 2025

Digital wealth platform Syfe raises $80m Series C in Apac push

The firm, backed by Peter Thiel's Valar Ventures, has over $10bn of assets, is growing fast in Australia, Hong Kong and Singapore. Syfe's CEO told FA that management is open to exploring opportunities in Japan and South Korea in the "longer term".

June 05, 2025

Hong Kong's Link REIT sees valuations dip, posts 'solid' FY results

The firm saw net asset values decline across the financial year, however net property income and revenues grew, with high occupancy rates amid challenging conditions.

May 27, 2025

Citi names Prashant Thakker as head of Asia South, corporate bank

Thakker has been Citi's head of capital management for Japan, Asia North and Australia and Asia South; he will relocate from Hong Kong to Singapore.

May 26, 2025

Interview: DBS' head of sustainable finance on Asia's capital markets

Shilpa Gulrajani, DBS' head of sustainable finance, institutional banking, offered her thoughts on how capital markets are aligning with the region’s transition needs, including green loans and blended finance, on the sidelines of Ecosperity Week.

May 20, 2025

Thailand’s GDP to slow amid tariff threats and struggle to boost tourism

Exports grew 15% in Q1, however there is expected to be a slowdown moving forward as tariffs bite, the baht remains strong and tourism faces headwinds.

May 19, 2025

SEA digital player GXS Bank appoints new CEO

Pei-Si Lai, CEO of GXBank, Malaysia's first digital banking firm, will take over from Muthukrishnan Ramaswami, who is retiring, at the beginning of June.

May 15, 2025

IFC, BlackRock on how infrastructure is critical to Apac's clean energy: Ecosperity

Clean energy investments are ramping up in Apac, but a $800bn annual shortfall risks slowing momentum. At Temasek’s Ecosperity Week, IFC's Riccardo Puliti and BlackRock's Susan Chan called for bolder partnerships, clearer policies, and better capital mobilisation.

May 13, 2025