Japanese, Mideast Firms Turn to Southeast Asia, BofA’s Siah Says
- Bank of America’s banker bullish on Southeast Asia M&A outlook
- Deal activity driven by sectors such as digital infrastructure
Skyscrapers in the central business district of Singapore.
Photographer: Lauryn Ishak/BloombergThis article is for subscribers only.
Middle Eastern and Japanese companies are increasingly seeing Southeast Asia as a destination of choice to deploy capital as they pivot some of the potential investment away from the rest of Asia, according to Bank of America Corp.’s Singapore country head Martin Siah.
Sectors such as health care and digital infrastructure, renewable energy and financial services are among the busiest, Siah said in a Bloomberg Television interview on Wednesday.