Business News

Singapore PM Lee on overseas leave

Prime Minister Lee Hsien Loong will be on overseas leave from starting December 19 to 31.

Dec 19, 2017

By Aastha Agnihotri

Singapore slaps prohibition orders against two financial advisers over 1MDB-related breaches

The Monetary Authority of Singapore (MAS) on Tuesday issued a prohibition order against NRA Capital founder Kevin Scully involved in breaches related to Malaysia's 1MDB fund.

Dec 19, 2017

By Aastha Agnihotri

Singaporean tycoon Kwek Leng Beng defends S$3.63 bln bid for hotelier M&C

Singaporean billionaire Kwek Leng Beng on Monday defended his bid to take control of Millennium & Copthorne (M&C) Hotels.

Dec 19, 2017

By Aastha Agnihotri

Here's why ThaiBev spent a whopping $4.8 bln for Vietnam's top brewer

Brewing group Thai Beverage has won an auction to buy a $4.8 billion stake in Vietnam's top brewer Sabeco.

Dec 19, 2017

By Aastha Agnihotri

Indian shares gain as ruling party set for victory in key state elections

Indian stocks gained on Monday after final voting trends showed victory of Prime Minister Narendra Modi's Bharatiya Janata Party in Gujarat and Himachal Pradesh state elections.

Dec 18, 2017

By Aastha Agnihotri

Keppel Land buys two prime residential sites in Vietnam's Ho Chi Minh City for US$297 mln

Keppel Land on Monday said it acquired two prime sites in Vietnam's Ho Chi Minh City with a total development cost of US$297 million.

Dec 18, 2017

By Aastha Agnihotri

Singapore stocks edge lower as exports drag; Rowsley climbs 23%

Singapore shares fell for a third session on Monday after country's non-oil exports significantly slowed in November.

Dec 18, 2017

By Aastha Agnihotri

Indian shares jump on hopes of BJP victory in state elections

Indian stocks jumped on Monday after final voting trends showed victory of Prime Minister Narendra Modi's Bharatiya Janata Party in Gujarat and Himachal Pradesh state elections.

Dec 18, 2017

By Aastha Agnihotri

Singapore stocks fall as exports growth slows; Rowsley, Noble surge over 15%

Singapore shares fell for a third session on Monday after country's non-oil exports from significantly slowed in November.

Dec 18, 2017

By Aastha Agnihotri

K-pop band BTS' creative team Big Hit considering IPO

K-pop band BTS' popularity is propelling Big Hit Entertainment to launch an initial public offering, Bloomberg reported on Monday.

Dec 18, 2017

By Aastha Agnihotri

BTS

SPRING Singapore to take legal action against car retailer SG Vehicles

SPRING Singapore on Monday said it will take legal action against automotive retailer SG Vehicles for engaging in unfair practices.

Dec 18, 2017

By Aastha Agnihotri

Singapore dollar edges lower as country's exports growth slows

Non-oil exports from Singapore significantly slowed in November from October's double-digit growth, government data showed on Monday.

Dec 18, 2017

By Aastha Agnihotri

Billionaire Peter Lim backed Rowsley announces S$1.6 bln acquisitions in healthcare push

Real estate services provider Rowsley on Monday said it entered into an agreement to acquire Thomson Medical and a 70.36 percent stake in TMCLS for S$1.6 billion.

Dec 18, 2017

By Aastha Agnihotri

Clearbridge Health makes lackluster debut on SGX

Shares in Clearbridge Health opened little changed compared to its IPO price in Monday's trading debut.

Dec 18, 2017

By Aastha Agnihotri

ThaiBev requests trading halt as unit registers to bid for Sabeco stake

Brewing group Thai Beverage on Monday requested for a trading halt after its confirmed registering a formal bid for Vietnam's biggest brewer Sabeco.

Dec 18, 2017

By Aastha Agnihotri

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