A Singaporean sovereign wealth fund and Dream Industrial REIT have formed a joint venture to buy Summit Industrial Income REIT in a deal valued at $5.9 billion, including assumed debt. Summit holds a ...
Singapore’s GIC, partner to buy Canadian REIT Summit for $3.3 billion
A GIC signage is pictured during their results announcement in Singapore July 2, 2019. REUTERS/Anshuman Daga ...
Inside the new business ‘snuggle class’ double beds
The trend to mix business with pleasure lends itself to an increase in demand in the premium leisure category." In ultra-swanky international first class, double beds have been the norm since the ...
Thai and Singapore currencies most at risk from yuan’s slump
Investors in the Singapore dollar and Thai baht will have to brace for losses if the Chinese yuan, the worst-performing Asian currency on Monday, continues its fall against the dollar as the country ...
Significant opportunities in China for Singapore companies despite gloomy outlook: Gan
DESPITE “greater uncertainty” and a gloomy outlook in today’s world, there remains “significant opportunities” in China that Singapore companies can tap on, especially within the digital and green ...
China’s Exports Drop Sharply as Global Economy Slows
The pullback in demand for its goods abroad removes a key prop for China’s growth as its economy is pressured by the government’s zero-Covid strategy and a severe real-estate slump.
China Oct coal imports slip from 10-mth peak as COVID curbs crimp demand
China's coal imports slipped in October from a 10-month high in September, as Beijing's ultra-strict COVID-19 restrictions dampened demand for the power generation fuel.
Singapore Airlines first-half profit soar to $876 mn as world reopens
For the corresponding period a year ago, the airlines suffered a loss of SGD 602 mn for first half and a loss of SGD 345 mn for second quarter of its financial reporting period which starts in April ...
Southeast Asia is a case study in Russia’s declining prospects as an arms exporter.
Analysts say Russia’s performance in Ukraine, coupled with Western sanctions, is likely to hurt its ability to sell weapons abroad. Southeast Asia is a case in point.
Singapore vows to become crypto asset hub without cryptocurrency trading and speculations
Singapore wants to be a crypto asset hub but does not accept trading and speculations in cryptocurrencies, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), at the ...
The war could dent Russia’s prospects as an arms exporter.
Analysts say Russia’s performance in Ukraine, coupled with Western sanctions, is likely to hurt its ability to sell weapons abroad. Southeast Asia is a case in point.
Irish DPM Varadkar leads mission to Singapore FinTech Festival, looks at clean energy collaboration next
SINGAPORE: Ireland’s Deputy Prime Minister Leo Varadkar on Thursday (Nov 3) reaffirmed his country’s commitment to Singapore’s fintech scene and identified green energy as another sector in which both ...
Singapore’s businesses face high risk and lower resilience: Beazley
According to a recent Risk & Resilience research report from Beazley, Singapore business is more worried about risk and less resilient than its global ...
Singapore Retail Sales Growth Eases In September
Singapore's retail sales growth eased further in September, data from the Department of Statistics showed on Friday. Retail sales ...
U.S. crude oil exports to Asia poised to hit record high
An oil tanker waits in line in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles HOUSTON/SINGAPORE (Reuters ...
Billionaire Ng Family’s Far East, Sekisui Submit Top Bid Of $226 Million For Singapore Condo Site
Far East and Sekisui plan to build two 27-story blocks of 330 units on the 10,395-square-meter site in the prime Bukit Timah residential encalve.