Real Estate
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Modi launches US$5.4 billion rail project in Jammu and Kashmir
[NEW DELHI] India’s Prime Minister Narendra Modi inaugurated the world’s tallest railway bridge connecting the restive Kashmir valley with the rest of the country on Friday (Jun 6), marking...
Digital token service providers need licence to solely serve overseas customers: MAS
[SINGAPORE] Digital token service providers (DTSP) will need a licence to serve overseas customers only, said the Monetary Authority of Singapore (MAS) on Friday (Jun 6).The regulator has clarified...
MAS, SPF to block website access to unlicensed trading platforms Octa and XM from Jun 20
[SINGAPORE] The websites of unlicensed trading platforms Octa and XM will be blocked for Singapore residents with effect from Jun 20, said the Monetary Authority of Singapore (MAS) and...
Cordlife collection rates still under pre-incident levels, but resumed Singapore operations are ‘encouraging’
[SINGAPORE] Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining operational momentum, even though collection rates have not...
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
[SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.
The sovereign wealth fund is said to be in...
Gold rises as weak US data offsets optimism from Trump-Xi call
GOLD rose on Friday and was set for weekly gains, as a spate of weak US economic data outweighed optimism from President Donald Trump’s call with his Chinese counterpart Xi...
US Treasury says Bank of Japan should continue to tighten policy
[TOKYO] The Bank of Japan should continue to proceed with monetary tightening, which would support a “normalisation of the yen’s weakness” and rebalancing of bilateral trade, the US Treasury...
