Singapore
S&P places Singapore Post on credit watch negative following strategy reset, sale of Australia business
GLOBAL ratings agency S&P said on Thursday (Dec 5) it has placed Singapore Post (SingPost) on CreditWatch negative, following a change in its future strategy and the sale of...
Praemia REIM is said to consider Singapore healthcare Reit IPO
FRANCE’S Praemia REIM is considering listing a healthcare real estate investment trust (Reit) in Singapore, according to people familiar with the matter, adding to a slew of potential deals...
Latest Singapore six-month T-bill cut-off yield slips to 3%
This is down from the 3.08% offered in the previous auction that closed on Nov 21THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per...
7-Eleven operators in Singapore, Thailand chow down on ready-to-eat segment
Strategy has potential to drive growth and can counter tobacco and alcohol sales being affected, say analystsTHE 7-Eleven brand of convenience stores is a familiar sight in this part...
NXP, TSMC affiliate plan to expand US$7.8 billion Singapore plant
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion Singapore venture, recognising a need to diversify chip production in anticipation...
Singapore investors think AI investments boost companies’ productivity, profitability: PwC survey
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead of factors such as government regulation, geopolitics, supply...
Singapore, Hong Kong to make up half of StanChart’s affluent business in ‘ambitious’ expansion plans
It is targeting US$200 billion in new assets and double-digit income growth in its wealth business over the next five yearsSINGAPORE and Hong Kong will continue to make up...
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol stations under the Esso...
