Real Estate

US to fight labour shortage with new Chips Act worker programme
US to fight labour shortage with new Chips Act worker programme
THE Biden administration is kicking off a programme to cultivate the US computer-chip workforce, aiming to stave off a labour shortage that threatens to undermine domestic semiconductor production.The programme,...
China’s plastics boom is set to create another trade headache
China’s plastics boom is set to create another trade headache
A SURGE of Chinese plastic supply is threatening to overflow in the face of weak domestic demand, morphing into a fresh trade challenge for the rest of the world.Parts...
Dozens hurt as turbulence prompts flight diversion to Brazil
Dozens hurt as turbulence prompts flight diversion to Brazil
DOZENS of passengers were injured on Monday (Jul 1) when an Air Europa flight from Madrid to Montevideo hit strong turbulence, prompting an emergency landing in Brazil, the airline...
Uber expands boat services across Europe to capture tourist demand
Uber expands boat services across Europe to capture tourist demand
UBER Technologies said on Monday (Jul 1) it will bring a yacht service to Ibiza and will introduce different water-transport offerings to other European cities in an effort to...
Oiltek order book rises to RM430.9 million after obtaining new contract
Oiltek order book rises to RM430.9 million after obtaining new contract
OILTEK International’s wholly owned subsidiary won a new contract consisting of two new plants, taking the group’s current order book to a record high of about RM430.9 million (S$123.9...
World Bank Group kicks off US billion annual guarantee push
World Bank Group kicks off US$20 billion annual guarantee push
THE World Bank Group said on Monday (Jul 1) it had started operating a new one-stop-shop loan and investment guarantee platform which it hopes will triple the provision of...
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
Trading app Robinhood agrees deal with Pluto Capital to tap into AI
ROBINHOOD Markets said on Monday (Jul 1) it had bought artificial intelligence (AI) powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking...
UBS completes merger of Swiss business with Credit Suisse
UBS completes merger of Swiss business with Credit Suisse
UBS has already begun to move over clients from Credit Suisse in Hong Kong and SingaporeSwiss bank UBS has completed the merger of its domestic unit with Credit Suisse’s...
UMS Holdings acquires industrial land in Penang for RM15.2 million
UMS Holdings acquires industrial land in Penang for RM15.2 million
This brings the group’s combined space in Singapore and Malaysia to over 1.2 million sq ftSEMICONDUCTOR company UMS Holdings’ wholly owned subsidiary has acquired 5.4 acres or approximately 235,000...
China’s rare earths firms rally as fresh industry overhaul looms
China’s rare earths firms rally as fresh industry overhaul looms
CHINA’S rare earths producers jumped after Beijing unveiled a regulatory overhaul of the sector that could squeeze supplies and lift languishing prices of the critical minerals. A “unified development plan”...