Bloomberg Banco Santander SA reminded investors that juicy bonds can come with nasty surprises. The Spanish lender rattled the bank Additional Tier 1 market by saying it will skip an option to call 1.5 billion euros ($1.7 billion) of perpetual contingent-convertible notes next month, sending the bonds tumbling. The announcement came right at the deadline for a decision, after the …

Bloomberg Indonesia’s largest airport operator is looking to spend billions of dollars to build a new facility in Jakarta and upgrade the existing one to cater to an unprecedented travel boom and compete with neighboring countries for tourism revenue. Angkasa Pura II, the state-owned operator of 16 airports across Indonesia, will conclude a feasibility study for a greenfield airport in …

Dubai / Emirates Business Emirates will link Phnom Penh (PNH) and Bangkok (BKK) with its new daily service set to launch on June 1,. The service from Dubai to Phnom Penh, via Bangkok, will provide passengers travelling between the capital cities of Cambodia and Thailand with more flight options. Travellers from both Southeast Asian nations will also enjoy access to …