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investment
GIC announces joint acquisitions of $1.05 bil Washington DC office portfolio
SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.1 million sq ft of office assets in the Washington DC metro, with a total of more than $1.05 billion in aggrega
February 23, 2017
Adelson says US$6 bil Marina Bay Sands investment a ‘warm-up’ to Japan’s casino race
SINGAPORE (Feb 22): Sheldon Adelson – one of the world’s richest men and notably among the biggest funders of Donald Trump’s US presidency campaign – has pledged to spend up to US$10 billion ($14.2 billion) on building a casino facility in Japan,
February 22, 2017
Results
Keong Hong Holdings posts 20.9% decline in 1Q earnings to $3.8 mil
SINGAPORE (Feb 13): Keong Hong Holdings has declared 1Q17 earnings of $3.8 million for the three months ended Dec 31, down 20.9% from $4.8 million a year ago on lower revenue.
February 13, 2017
Grab investing US$700 mil in Indonesia to help grow digital economy
SINGAPORE (Feb 2): Ride hailing platform, Grab, is investing US$700 million ($987.5 million) over next five years to grow the country’s digital economy.
February 02, 2017
Trendlines Medical Singapore to hold opening ceremony on Feb 22
SINGAPORE (Feb 1): Trendlines Medical Singapore, the medical incubator subsidiary of Israeli firm Trendlines Group, will hold its official opening ceremony on Feb 22 at its office located at Launchpad @One North.
February 01, 2017
Global Markets
Asahi looks for China beer exit after Tsingtao disappointment
HONG KONG/TOKYO (Jan 27): For a foreign brewer hoping to gain an edge in the Chinese market, it seemed like the ideal alliance: Japan’s largest beermaker teaming up with one of China’s premier brands. Yet, Asahi Group Holdings Ltd.’s 2009 purchase
January 27, 2017
Tech
Apple is trumping Trump in Taiwan with Asia’s only currency gain
HONG KONG (Jan 25): Taiwan is proving a surprising investment winner under Donald Trump.
January 25, 2017
Trendlines Medical Singapore to get grant of up to $2.2 mil from SPRING Singapore
SINGAPORE (Jan 16): Trendlines Medical Singapore, the medical incubator subsidiary of Israeli firm Trendlines Group, will receive a grant of up to $2.2 million under SPRING Singapore’s Incubator Development Program.
January 16, 2017
Investing strategies
The most popular investor picks for Emerging Markets in 2017
(Jan 3): These are some clear favourites among investors for 2017. All things Russian and Indian are popular, as are Brazilian corporate bonds and Mexico’s cheap peso.
January 03, 2017
5 personal finance resolutions to make for a wealthier 2017
SINGAPORE (Dec 28): Record job cuts, online trading scams, and mounting fears among working age Singaporeans of not being able to fund a comfortable retirement. These represent just the tip of the iceberg for Singapore’s economy this year, and the gener
December 28, 2016