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.
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 …
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 …
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 …
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 …
Singapore government briefings for international banks not ‘unusual’ as asserted in FT article: Indranee
In an Apr 20 article, the Financial Times reported that Singapore had given international banks an “unusual series of top-level briefings on geopolitics”.
UAE’s Damac Properties announces APAC expansion plan
UAE-founded real estate developer with global aspirations, Damac Properties, has announced brand-new office openings in Beijing and Singapore. With its sights firmly set on global expansion, the …
Singapore takes the crown for offering highest average annual salary in Asia
SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number… The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T …
Singapore takes the crown for offering highest average annual salary in Asia
SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number… The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T …
Singapore-Based Data Center Operator Gets Green Load to Fund its $1.5 Billion Project
Princeton Digital Group has obtained a green loan of $280 million to help finance a data center it’s building in … as it aims to get that project operational by June. The Singapore-based group, …