Posts by Stephanie Irvin
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
[SINGAPORE] With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and exploring asset monetisation, making it a small-cap property play to watch. This is according to RHB Bank Singapore, which highlighted Centurion as one of its top stock picks for 2025 among companies with small…
Read MoreMalaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term supply from North America and emerging markets, said a company executive. “As part of our strategic growth plans, Petronas is actively seeking to expand our LNG…
Read MoreChina’s ambassador warns Australia over Port of Darwin lease
The decision to lease the port to Landbridge has been criticised in the decade since the deal was announced, including by former US president Barack Obama Published Mon, May 26, 2025 · 01:34 PM [CANBERRA] China’s ambassador to Australia has warned Canberra to be careful in its handling of the lease of a strategically important…
Read MoreFrance, Vietnam sign Airbus, defence deals as Macron visits Hanoi
[HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, as well as defence and space pacts, as President Emmanuel Macron visited Hanoi seeking to boost France’s influence in its former colony, grappling with threats of crippling US tariffs. Macron’s first formal visit to Vietnam, the first by a French…
Read MoreLogistics reimagined: More young people in Singapore are drawn to tech-related roles in the field
[SINGAPORE] Gone are the days when logistics was seen as an unglamorous, manual labour-intensive field. As many bigger logistics firms undergo digital transformation in recent years, they also become increasingly attractive to young professionals looking for opportunities to flex their skills in analytics, automation and artificial intelligence (AI) in the sector. For logistics firm Schenker…
Read MoreChinese steel exports to drop as barriers mount: Goldman
Domestic consumption is forecast to fall 2 per cent in 2025 to 839 million tonnes, the fifth straight year of decline Published Mon, May 26, 2025 · 11:41 AM THE blowout in Chinese steel exports has likely peaked, as trade barriers mount and domestic production falls, according to Goldman Sachs. Exports climbed last year to…
Read MoreSaudi Aramco considers asset sales to free up funds: sources
Published Mon, May 26, 2025 · 10:18 AM [DUBAI] Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices. Aramco is the world’s largest oil-producing company and the main source of Saudi state revenue. The…
Read MoreGold retreats from two-week high as Trump extends EU tariff deadline
Gold prices slipped from a two-week high on Monday (May 26) after US President Donald Trump set a Jul 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50 per cent tariff from Jun 1. Spot gold was down 0.5 per cent at US$3,339.13 an ounce, as at…
Read MoreStocks to watch: Sats, The Hour Glass, Japan Foods, Manulife US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 26). Sats: The in-flight caterer on Friday reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per cent from S$32.7 million in the corresponding year-ago period. This indicates earnings per share…
Read MoreShipping bottlenecks in Europe send a warning signal to US, Asia
[LONDON] Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the US and push up shipping rates. Waiting times for berth space jumped 77 per cent in Bremerhaven, Germany, between late March and mid-May, according…
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