MINING FIRM WITH ZERO REVENUE: MOST TRADED PSE STOCK WITH 103% GAIN

Abra Mining & Industrial Corp. has no revenue and zero analyst coverage. Yet, the loss-making mining…

SINGAPORE SETS YEAREND TARGET FOR SHIFT AWAY FROM LIBOR

Singapore signaled that local banks and borrowers should move away from using the discredited London interbank…

C19 EDGES PHILIPPINES DEEPER INTO DEBT

By Beatrice M. Laforga Philippines’ outstanding debt reached P9.8 trillion (US$203.7 billion) at the end of…

AFFIN HWANG RECORDED STRONG AUM GROWTH IN 2020

Affin Hwang Asset Management Bhd’s (Affin Hwang AM) total assets under administration (AUA) rose 26 per cent from…

CREDITORS TO VOTE ON DISTRESSED SHIPPER’S FATE

Creditors to struggling Singapore shipper Pacific International Lines Pte (PIL) will vote soon on a restructuring…

SHORT MATURITY THAI BONDS IN DEMAND AS RATE VERDICT NEARS

The prospects for rate easing are boosting demand for shorter-maturity Thai bonds ahead of this week’s first…

THAIBEV CLOSE TO FILING US$10 BILLION IPO FOR ITS BREWERY UNIT

Thai Beverage is planning to lodge a filing to list its brewery unit on the Singapore…

ASIA FIXED INCOME ASSETS TO PERFORM WELL IN 2021: MANULIFE

Asset manager says asset class, with its solid fundamentals, poised to be in better shape for…

THAI MINISTRY OF FINANCE TO RAISE US$2 BILLION (THB 60 BILLION) IN SAVINGS BONDS

The government will sell US$2 billion equivalent of Thai baht denominated (THB 60 billion) government savings…

2020 SAW HUGE EXODUS OF THAI MUTUAL FUNDS

Thailand’s mutual fund industry registered a 6.5% decrease in net asset value to 5 trillion baht…