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investment
CITIC Envirotech takes part in $12 mil joint venture investment
SINGAPORE (July 20): CITIC Envirotech says its joint venture company Baiyi Environment has acquired a 100% and 70% stake in Jiangyin Zhounan Wastewater Treatment and Jiangyin Huahong Wastewater Treatment, respectively, for a total of RMB59.5 million ($12
July 20, 2017
Global Economy
Vietnam rejoins club of 6%-GDP-growth nations as exports surge
HANOI (June 30): Vietnam’s economy recovered this quarter with a surge in exports allowing it to rejoin a small group of nations posting growth rates of more than 6%.
June 30, 2017
This fund manager left his job to teach computers to think like him
(June 28): Since he left his job as hedge-fund manager last year, Muhammed Yesilhark has spent his days teaching computers to pick stocks like he did in his 12-year career.
June 28, 2017
MAS to loosen regulatory barriers for banks carrying on permissible non-financial businesses
SINGAPORE (June 28): The Monetary Authority of Singapore (MAS) on Tuesday announced its intention to streamline existing the regulatory requirements for banks seeking to conduct or invest in permissible non-financial businesses.
June 28, 2017
State of the City
Millennials do invest, even if they spend more money on discretionary items
This article appears in Issue 784 (June 19) of The Edge Singapore
June 21, 2017
Property
Straits Trading buys stake in Sydney office building for $123 mil
SINGAPORE (June 6): Straits Real Estate, a subsidiary of Straits Trading Company, is investing roughly A$119 million ($122.7 million) for a stake in a 32-storey office building located at 320 Pitt Street in Sydney, Australia.
June 06, 2017
Bank of Singapore to keep hiring in hunt for growth, CEO says
SINGAPORE (June 1): Bank of Singapore, which recently broke into the ranks of Asia’s top 10 private banks, intends to keep hiring more relationship managers and focus on serving a wealthier bracket of customers to keep expanding its assets under managem
June 01, 2017
GIC-backed games startup aims for Vietnam's first IPO abroad
(May 30): Communist-led Vietnam may soon have its first technology company go public in the US.
May 30, 2017
Malaysia
Malaysia's growth quickens to two-year high, beating forecasts
(May 19): Malaysia’s economy grew at the fastest pace in two years last quarter, lifted by an export recovery and stronger private consumption and investment.
May 19, 2017