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Tag: Singapore

Posted on May 11, 2024

UK and Singapore Discuss Green Finance Gaps, Digital Asset Regulation

UK and Singapore had convened for the 9th UK-Singapore Financial Dialogue to deepen their cooperation in sustainable finance and fintech.
Posted on May 10, 2024

SingPost full-year profit triples to $78.3 million after property revaluation

SINGAPORE – Singapore Post more than doubled its earnings for the year to March 31, mainly due to an exceptional gain of $36.8 million on property revaluation. Net profit rose 217.4 per cent to $78.3 …

( read original story …)



Posted on May 10, 2024

Frasers Property H1 profit slides 81% on property value losses, lower residential contributions

NON-CASH unrealised fair-value losses and impairment on some of its commercial properties in the UK and Australia, as well as lower residential contributions from Singapore and Thailand, dragged down …

( read original story …)



Posted on May 10, 2024

Malaysia ready to strengthen ties with S’pore under incoming PM, Lawrence Wong, says Anwar

Malaysia is ready to continue strengthening relations with Singapore under its incoming prime minister, Lawrence Wong, said Prime Minister Datuk Seri Anwar Ibrahim.
Posted on May 10, 2024

Malaysia ready to strengthen ties with S’pore under incoming PM, Lawrence Wong, says Anwar

Malaysia is ready to continue strengthening relations with Singapore under its incoming prime minister, Lawrence Wong, said Prime Minister Datuk Seri Anwar Ibrahim.
Posted on May 10, 2024

Private Credit Lender Ares Wins Court Ruling on Indonesia Debtor

Ares Management Corp. and Tor Investment Management won a Singaporean court ruling that found an Indonesian borrower in contempt over a $200 million private credit loan, marking a rare win for direct lenders grappling with legal complexities in Asia.
Posted on May 10, 2024

SingPost full-year profit more than doubles to $78.3 million after property revaluation

SINGAPORE – Singapore Post more than doubled its earnings for the year to March 31, mainly due to an exceptional gain of $36.8 million on property revaluation. Net profit rose 217.4 per cent to $78.3 …

( read original story …)



Posted on May 10, 2024

Philippine 4-day work week? Extreme heat reignites talks on flexible deal

Local government units around the country have implemented temporary compressed work weeks Yet Filipinos’ opinions on shortened work weeks are mixed, even as neighbouring nations like Singapore have …
Posted on May 9, 2024

Singapore property tax hike dents FHT’s 1H24 bottom line

In 1H24, the REIT reported a 1.3% YoY lower NPI. The increase in Singapore property taxes has negatively impacted Frasers Hospitality Trust’s (FHT) net property income (NPI) for the 1H24 period. In …

( read original story …)



Posted on May 8, 2024

Analysis: A Forest City casino? A risky gamble for Malaysia due to Islamic sensitivities, business viability

It would be politically difficult for PM Anwar Ibrahim and the king to support such an idea, say analysts. They add that relations with Singapore and China could also sour if such a casino targets …

( read original story …)



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