Asian Paints has announced that it will sell its Indonesia business to Berger Paints Singapore. Asian Paints, which is India’s largest paint company by market share, is facing tough competition from …
Asian Paints to sell its Indonesia business for Rs 48 crore, will book Rs 90 crore worth of loss on divestment
Asian Paints, through its wholly owned subsidiary, Asian Paints International Pvt Ltd, Singapore, has entered into a share purchase agreement to divest its entire stake in its Indonesian operations.
Billionaire Jeffrey Cheah’s Sunway, MRT To Build $578 Million Mixed Use Project Near Singapore-Malaysia Causeway
Sunway Group—controlled by Malaysian billionaire Jeffrey Cheah—is building a $578 million mixed-use residential and commercial property in partnership with the Malaysian state-owned commuter rail …
Singapore’s Frasers Property bets on ‘China plus one’ with a half-billion-dollar industrial park in Thailand
Frasers Property, better known for its Singaporean malls and condominiums, is trying something else for its next project: An industrial park outside of Bangkok as it hopes to win companies trying to …
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first set of …
New payments entity, automated verification tool to boost Singapore’s status as finance hub
The new entity will consolidate the administration and governance of payment schemes such as PayNow. Read more at straitstimes.com.
Singapore to consolidate administration of payment systems under one roof
The Monetary Authority of Singapore and the Association of Banks in Singapore will set up a new entity to consolidate the administration and governance of Singapore’s various national payment schemes.
Malaysia can increase foreign investor appeal despite US policy challenge
The US is among the top three destinations for Malaysia’s semiconductor exports, alongside China and Singapore, says Mida.
How Singapore-born coal tycoon Low Tuck Kwong becomes Indonesia’s 2nd-richest billionaire
Singapore-born tycoon Low Tuck Kwong built a US$27.9 billion fortune by investing in his coal mining business even as experts repeatedly forecast that demand for the fuel would taper off.
Singapore regulator, banking association to set up new payments entity
Singapore’s financial regulator and the Association of Banks in Singapore (ABS) said on Wednesday they will set up a new entity to consolidate the administration and governance of national payment …