Australia

SYDNEY (Mar 18): The leaders of Australia and Singapore closed a regional summit on Sunday with a stand against protectionism, arguing in favour of multi-nation trade deals as fears mount that US plans for new tariffs could stoke a global trade war.

SINGAPORE (Dec 20): Ho Bee Land’s wholly-owned subsidiary, HB Oracle, has entered into a joint venture agreement with Villa World Wollert for a residential development in Wollert, Melbourne, Australia.

SINGAPORE (Dec 7): OCBC Investment Research is upgrading its call on Roxy-Pacific to “buy” from “hold” while raising its fair value on the stock to 60 cents from 52 cents previously.

SYDNEY (Dec 5): Amazon.com Inc. launched in Australia on Tuesday, offering millions of products and one-day delivery in some areas as the web retailer seeks to seize a share of the nation’s growing online retail market.

SINGAPORE (Nov 30): Asia-Pacific, more specifically Australia, Singapore and China, are driving momentum interest for infrastructure investment, according to the CMS Infrastructure Index: A New Direction.

SINGAPORE (Nov 29): Chip Eng Seng Corporation (CES) has entered into contracts to acquire the Mercure & Ibis Styles Grosvenor Hotel in Adelaide, Australia as well as the adjoining commercial properties along Hindley Street for a total of A$43 million ($44

SINGAPORE (Nov 28): Developer Wee Hur Holdings announced that its Australian-focused purpose-built student accommodation (PBSA) trust, Wee Hur PBSA Master Trust, has acquired a 1,038 sqm property in Melbourne, Australia, for A$35 million ($35.8 million).

SINGAPORE (Nov 27): The manager of Soilbuild Business Space REIT (Soilbuild REIT) announced Monday that it is expanding its investment mandate to include Australia.

SINGAPORE (Nov 24): Civmec, the multi-disciplinary construction and engineering services provider, will be engaged in Australia’s upcoming A$4 billion ($4.1 billion) project to construct offshore patrol vessels (OPVs) as part of the country’s efforts

SINGAPORE (Nov 10): Multi-industry food company QAF saw its earnings fall 62% to $7.5 million for 3Q17 compared to $19.4 million of earnings a year ago on higher costs and expenses.