Thailand Kasikornbank focuses on wealthy business owners in Laos and Myanmar

Kasikornbank (KBank) aims to target affluent customers in neighbouring countries as part of its efforts to push towards 10% growth in assets under management (AUM) for its wealth management business this year.  Laotian business owners key Executive vice-president Pakorn Partanapat said wealth among Laotian business owners is increasing, propelled by their dynamic economic growth. This […]

Capital-hungry Myanmar firms cautiously drawn to Singapore listings

“Many Myanmar business owners admire the reputation of Singapore Inc and look forward to raising their own prestige that comes with a Singapore listing,” said Kim Huat Chia, head of corporate & capital markets at Singapore law firm Rajah & Tann. But hurdles to successful offerings are high. Singapore’s bourse says while it has seen […]