Real Estate
Creative appoints Sim Wong Hoo’s younger brother as CEO
[SINGAPORE] Creative Technology has named Freddy Sim, the younger brother of its late founder Sim Wong Hoo, as chief executive officer (CEO). The appointment is effective from Friday (May...
Singapore shares climb on Friday; STI gains 0.2%
Singtel is one of the most traded counters after announcing it had sold part of its stake in Bharti Airtel[SINGAPORE] Local stocks rose on Friday (May 16), a day...
Indonesia’s wealth fund in talks to aid flagship airline Garuda
[JAKARTA] Garuda is in talks with Indonesia’s sovereign wealth fund Danantara about an injection of capital, people familiar with the matter said, as the nation’s flagship airline struggles to...
Foreigners revisit Indonesia stocks on easing economic concerns
Published Fri, May 16, 2025 · 01:41 PM[JAKARTA] Indonesian stocks are poised for their first monthly inflow since September as subsiding economic concerns and attractive banking shares lure investors.The...
LNG traders look to increase exports to Malaysia, Indonesia
Traders are looking to capitalise on the strong domestic growth in the two emerging nationsPublished Fri, May 16, 2025 · 12:38 PM[SINGAPORE] Liquefied natural gas (LNG) traders are looking...
Malaysia committed to 2025 petrol subsidy cut but no fixed date
[KUALA LUMPUR] Malaysia is committed to reducing petrol subsidies in the second half of the year and is refining its plan as US tariffs darken the economic outlook.The government...
Ong Beng Seng’s HPL jumps almost 10% in heavy trading; company says it’s not aware of reason for spike
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) jumped almost 10 per cent in active trading on Friday morning (May 16), prompting queries from Singapore Exchange Regulation (SGX RegCo).At about...