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Posted on February 14, 2025

Asian Paints to sell Indonesia business to THIS company for Rs 48 crore

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 …
Posted on February 14, 2025

Asian Paints to sell Indonesia business to THIS company for Rs 48 crore

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 …
Posted on February 14, 2025

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.
Posted on February 14, 2025

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 …

( read original story …)



Posted on February 14, 2025

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 …

( read original story …)



Posted on February 13, 2025

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 …
Posted on February 13, 2025

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.
Posted on February 13, 2025

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.
Posted on February 12, 2025

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.
Posted on February 12, 2025

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.

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