Briefs

 New technologies, creation of value chains and new agricultural production models will be discussed at the Mekong Connect-CEO Forum in Can Tho City next Wednesday.
Vu Kim Hanh, chairwoman of the Business Association for High Quality Vietnamese Products, said the forum would also feature discussions on “clean rice” production and consumption, exchanges between startups and investors, and exhibitions on agricultural technologies and products of startup projects.
The forum will include more than 700 delegates, including policymakers, leaders of Mekong Delta cities and provinces, businessmen from Ho Chi Minh City, Hanoi and the Mekong Delta, foreign and Vietnamese speakers, farmers producing VietGap, GlobalGap and organic farm produce, and startups nationwide. – Viet Nam News
 CIMB, China Galaxy join for synergies
 CIMB Group Holdings’s tie-up with China Galaxy Securities Co will lead to a further reduction in cost and give it access to the North Asia market.
CIMB Group chief executive officer Zafrul Aziz said the Beijing-based stockbroker was picked over several interested parties because of its scale and technology.
As for pricing, Zafrul declined to disclose anything, as the final details are still being worked out, but assured “it won’t be hived off at a loss”.
The banking group hopes to achieve a CIR of 53 per cent for this year, while the target for ROE is 10 per cent. |– The Star
 1.1    trillion rupiah bond to boost UOB lending 
 United Overseas Bank Indonesia plans to issue 1.1 trillion rupiah (Bt2.95 billion) in bonds next month. 
The proceeds would support the bank’s lending capacity next year.
UOB Indonesia president director Kevin Lam said 1 trillion rupiah in proceeds would come from senior bonds while the remaining 100 billion rupiah would come from subordinated bonds. Both will be offered from November 17-22.
“The bond will enable us to maintain solid funding as we help our customers seize business opportunities arising from increased infrastructure development and consumer demand,” he said during a public expose in Jakarta on Wednesday.
The senior bond is divided into three series with a buy-back option, he added. |– The Jakarta Post