Real Estate
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$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
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 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
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 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”...
Meta risks fines over ‘pay for privacy’ model breaking EU rules
THE EU accused Facebook owner Meta on Monday (Jul 1) of breaching the bloc’s digital rules, paving the way for potential fines worth billions of euros.
The charges against the...
UK consumer credit bounces back in May, Bank of England says
BRITISH consumers increased their borrowing in May by the most in four months after a dip in April, Bank of England data showed on Monday (Jul 1), adding to...
