Real Estate
Toyota confirms 11 billion real investment in Brazil by 2030
JAPANESE automaker Toyota officially announced on Tuesday (Mar 5) an 11 billion real (S$3 billion) investment in Brazil, saying it will be made in two parts by 2030, and...
Morgan Stanley strategists see M&A surging as confidence builds
GLOBAL mergers and acquisitions will jump 50 per cent this year as corporate confidence recovers and economic growth holds up, according to Morgan Stanley. Health care, real estate, and...
Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs: sources
GULF retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business takes a hit...
Air India-Vistara merger gets Singapore’s conditional approval
SINGAPORE’S competition watchdog said on Tuesday (Mar 5) it has approved the merger between Tata Group-owned Air India and sister airline Vistara, a joint venture between Tata and Singapore...
Scoot adds Koh Samui and Sibu to network with new Embraer planes
SCOOT will be flying to Koh Samui and Sibu in Thailand and east Malaysia, respectively, bringing its network to 69 destinations, the budget carrier in the Singapore Airlines (SIA)...
Private-hire COE category ‘possible’ but needs careful study; new measures to stabilise private-hire, taxi supply
HAVING a separate Certificate of Entitlement (COE) category for private hire cars (PHCs) is possible, but “there are trade-offs that need to be studied carefully”, said Senior Minister of...
India’s Tata Motors hits record high on plan to split into two listed firms
SHARES of Tata Motors, India’s most valuable carmaker, hit a record high on Tuesday (Mar 5), a day after the company said it will split into two listed firms,...
HSBC, StanChart, BOA aim to finance Indonesia coal retirement
HSBC Holdings, Standard Chartered (StanChart) and Bank of America (BOA) are among the banks seeking to participate in Indonesia’s first early coal retirement deal, a signal that big lenders...
