Real Estate
China raises cross-border renminbi use requirement for major banks
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global tradePublished Mon, May 26, 2025 · 07:21 PM[BEIJING] China’s central bank asked its major...
Chinese food delivery giant Meituan net profit up 46.2% in first quarter
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts sayPublished Mon, May 26, 2025 · 05:36 PM[SHANGHAI] China’s...
Hong Leong Bank forms private banking alliance with Lombard Odier
[SINGAPORE] Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed...
Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing
[SINGAPORE] With demand for foreign workers continuing to outpace the supply of dormitory spaces, Centurion Corporation is ramping up capacity and exploring asset monetisation, making it a small-cap property...
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
[BEIJING] Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam while also looking to secure more long-term...
China’s ambassador warns Australia over Port of Darwin lease
The decision to lease the port to Landbridge has been criticised in the decade since the deal was announced, including by former US president Barack ObamaPublished Mon, May 26,...
France, Vietnam sign Airbus, defence deals as Macron visits Hanoi
[HANOI] France and Vietnam signed a deal on Monday (May 26) for 20 Airbus planes, as well as defence and space pacts, as President Emmanuel Macron visited Hanoi seeking...
Logistics reimagined: More young people in Singapore are drawn to tech-related roles in the field
[SINGAPORE] Gone are the days when logistics was seen as an unglamorous, manual labour-intensive field.As many bigger logistics firms undergo digital transformation in recent years, they also become increasingly...
