The recent bankruptcies of U.S. auto parts supplier First Brands and car dealership Tricolor have put a spotlight on the risk controls of banks and the opaque credit market, where complex loans have ...
Singapore’s GIC Seeks Damages From Automaker NIO in U.S. Suit
GIC filed a U.S. lawsuit seeking damages from NIO, alleging that the Chinese electric-vehicle maker inflated the value of its securities.
CLI-managed Extra Space Asia investing nearly $100 mil to develop Kaki Bukit site, acquire three Tokyo facilities
Tim Alpe, managing director and head of Extra Space Asia, says his team aims to grow ESA’s portfolio to $2 billion by 2028.
Singapore’s DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC
DBS Group, the largest bank in Southeast Asia, said on Thursday that it has partnered with Riyadh-based Banque Saudi Fransi to strengthen trade finance and payment flows between Asia and Saudi Arabia.
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project; acquires 3 Tokyo facilities
When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft of gross floor area Read more at The Business Times.
Higher income eligibility cap for MOE financial aid schemes, bigger transport subsidies for students
SINGAPORE: Higher income eligibility ceilings across financial assistance schemes offered by the Ministry of Education (MOE), and bigger transport subsidies for primary and secondary students from ...
Industrial property developer Soon Hock Enterprise opens 8.6% above IPO price in mainboard debut
[SINGAPORE] Industrial property developer Soon Hock Enterprise debuted on the mainboard of the Singapore Exchange (SGX) on Thursday (Oct 16), opening 8.6 per cent or S$0.05 above its initial public ...
Industrial property developer Soon Hock IPO 9.8 times subscribed
[SINGAPORE] Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million shares on offer were 9.8 times subscribed. Its Singapore public offer of 2.8 million shares were 16 ...
Singapore firms commit S$5.5 billion of investments to SEZ in Johor; Malaysia unveils new steps to woo investors
Malaysia Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz announces fast-track licences for manufacturing projects and a bigger kitty for government co-investment that can be tapped by ...
Industrial property developer Soon Hock IPO 9.8 times oversubscribed
[SINGAPORE] Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million units on offer were 9.8 times subscribed. Its Singapore public offer of 2.8 million shares were ...
Trust Bank offers US trading options, the first S’pore digital bank to do so
Trust Bank is the first digital bank in Singapore to offers US stock trading options. Read more at straitstimes.com. Read more at straitstimes.com.
DBS Private Bank: Giving Family Offices An Edge In Uncertain Times
DBS Private Bank helps UHNW families grow cross-border wealth, plan succession, and future-proof legacies through innovative family office solutions.
Singapore Central Bank Stands Pat as Economy Shows Resilience, But Risks Loom
The Monetary Authority of Singapore held monetary policy steady as it balanced better-than-expected economic growth against rising risks from tariffs and inflation.
CGS International introduces new discretionary portfolio mandate to offer investors access to IPOs and secondaries
The new mandate, named CGSI Ascend Access Strategy, is designed to offer investors access to IPOs and secondaries, which are traditionally reserved for institutional investors.
Johor-Singapore SEZ: Malaysia unveils measures to boost investment, Republic’s firms commit S$5.5 billion to date
Malaysia Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz announces fast-track licences for manufacturing projects and a bigger kitty for government co-investment that can be tapped by ...
Singapore-based companies have committed over $5.5 bil worth of investments into Johor: JS-SEZ forum
In his keynote address, Gan notes that the JS-SEZ has made “good headway” following the designation of nine flagship zones in January and the establishment of the joint JS-SEZ project office in April.