Sam Cheong, the unit’s group head, said Japanese companies seeking to grow their businesses were turning in the direction of Southeast Asia. Following increased Japanese investment throughout Southeast Asia , United Overseas Bank ( UOB ) has expanded its Foreign Direct Investment ( FX ) Advisory Services to help Japanese companies expand in the region . The expansion has been hugely successful , seeing UOB 's Japanese client deposit flow in the first quarter of 2016 reach more than 80 % than the deposit flow received from all its Japanese clients the whole previous year . Japanese demand for UOB services is expected to continue growth in Southeast Asia following a muted economy and rising business costs throughout Japan .
Following increased Japanese investment throughout Southeast Asia , United Overseas Bank ( UOB ) has expanded its Foreign Direct Investment ( FX ) Advisory Services to help Japanese companies expand in the region . The expansion has been hugely successful , seeing UOB 's Japanese client deposit flow in the first quarter of 2016 reach more than 80 % than the deposit flow received from all its Japanese clients the whole previous year . Japanese demand for UOB services is expected to continue growth in Southeast Asia following a muted economy and rising business costs throughout Japan .