Business News

Singapore announces year second half land sale plan even as most of first half sites remain unsold

Of the 16 sites proposed for sale in 2016 first half, 11 will be carried over to the second half.

Jun 8, 2016

By Boby Michael

Thai baht game for 1-year high as Fed rate hike chances dim

The baht is currently at a three-week high versus dollar.

Jun 6, 2016

By Boby Michael

Sale of Singapore's Asia Tower 1 to be largest single-tower deal in Asia Pacific

Asia Square Tower 1, owned by BlackRock and located along Marina View at Marina Bay is going to the hands of Qatar Investment Authority for S$3.4bn.

Jun 6, 2016

By Boby Michael

Qatar wealth fund buys singapore Asia Square property

Qatari wealth fund to buy Marina Bay tower from BlackRock for $3.4 billion

Qatar Investment Authority pays $1,960 per square foot for the prime property in Singapore.

Jun 6, 2016

By Staff Reporter

Singapore's e-commerce market to increase S$7.46 billion by 2025

Asian currencies await bullish week as dollar under pressure after weak US jobs report

The Singapore dollar has rallied to a 1-month high after the US data.

Jun 4, 2016

By Boby Michael

The 'Obama Doctrine': A masterly display of diplomacy

Now Vietnam can buy American military equipment, train with US forces and challenge Chinese claims in the South China Sea.

Jun 2, 2016

By Atul Singh

Singapore wage growth slows but deflation helps accelerate pace of real wage rise

Hit by softer economic conditions in the City, profitable firms declined and loss makers increased in 2015.

Jun 2, 2016

By Boby Michael

South Korean won drops to 80-day low as inflation slows to lowest in 4 months

The won has fallen more than 0.5% on Wednesday, adding to the 3.6% decline in May.

Jun 1, 2016

By Boby Michael

China-led AIIB will have 100 countries as members by year-end

China-backed AIIB to boost membership to 100 countries by year-end

AIIB President Jin Liqun says many countries are waiting in line to join the new international financial institution.

Jun 1, 2016

By Samhati Bhattacharjya

Markit PMI: China, Malaysia manufacturing contract, Indonesia's expanding

China PMI dropped to 49.2 from 49.4, Indonesia's down to 50.6 from 50.9 while Malaysia's came at a 5-month low of 47.2.

Jun 1, 2016

By Boby Michael

Thailand: Real estate industry possibly to grow 5-10% this year

'Thailand real estate market could grow 5-10% this year'

Deputy Finance Minister Visut Srisuphan says 2016 will be a challenging year for real estate sector.

May 31, 2016

By Samhati Bhattacharjya

Hong Kong No.1 in competitiveness replacing US, Singapore one step down to 4th

There was a major shuffle in European ranking while Asia generally saw major economies declining except India and Thailand.

May 31, 2016

By Boby Michael

Asian currencies drop on Yellen comments

Asian currencies decline on Yellen impact with Korean won the worst performer

Won slipped 0.8% followed by the Taiwan dollar, Indian rupee and the Malaysian ringgit and the Philippine peso which dropped 0.6% to 0.4%.

May 30, 2016

By Boby Michael

Singapore dollar falls in overseas trading on fresh US signals, more losses likely

The Singdollar is expected drop further along with the rest of Asian currencies on Monday as the greenback has rallied to a 70-day high against the euro.

May 28, 2016

By Boby Michael

Chinese yuan at 3-month low on US rate hike speculation, charts suggest 5-year low soon

Charts suggest that the pair is now likely to break the January high of 6.60 making a new 5-year low for the yuan.

May 27, 2016

By Boby Michael

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