Real Estate
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with...
EU considers tariffs on Boeing jets
Published Wed, May 7, 2025 · 07:05 PM[FRANKFURT] The European Union intends to propose tariffs on Boeing jets, as it prepares to retaliate further if trade talks with Washington...
Amara appoints W Capital Markets as IFA for offer from Hwa Hong-led consortium
[SINGAPORE] Hotel group Amara on Wednesday (May 7) said it has appointed W Capital Markets as its independent financial adviser as it considers a voluntary conditional general offer from...
Electronic Health Records: The Digital Switch
Switching to electronic health records (EHR) can feel like a huge leap for many healthcare practices. It’s not just about going digital; it’s about changing the entire way you...
Ex-Pavilion Energy chief Alan Heng to lead Singapore’s new central gas entity
[SINGAPORE] Singapore has established a new government-owned entity to centralise natural gas procurement, and appointed Alan Heng, who previously led gas trader Pavilion Energy, as its chief executive.The formation...
Temu, Shein see US sales drop in week after tariff price hikes
[NEW YORK] Shein Group and Temu saw double-digit sales declines in the week after they raised retail prices to cover the costs of increased US tariffs, an initial sign...
Hong Kong dollar interest rate falls most since 2008 after intervention
[NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg helped boost liquidity in the financial...
SIA and Scoot among Asia airlines rerouting flights amid flare-up in India-Pakistan hostilities
[SINGAPORE] Singapore Airlines (SIA) and its budget arm Scoot have stopped flying over Pakistani airspace after fighting broke out between Pakistan and neighbouring India. The Singapore carriers have been...
UOB not ‘overly alarmed’ by US tariff situation, impact unlikely to match Covid-era: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking at...
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking...