The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional…
Author: Editorial
SINGAPORE’S ASSET MANAGEMENT SECTOR SURGES AHEAD
Singapore’s asset management industry grew to a record size last year, outpacing global growth in the…
MAS PLACES S$1.1B WITH LOCAL EQUITY ASSET MANAGERS
Singapore’s central bank will place S$1.1 billion ($856.36 million) with three asset managers as part of…
INDONESIA’S JOBS BOOM IS A STORY OF QUANTITY, NOT QUALITY
Stagnant wages, rising underemployment and limited upward mobility reveal a labour market defined more by quantity…
TOP 500 ASSET MANAGERS REACH NEW US$131 TRILLION RECORD
Assets under management (AuM) at the world’s 500 largest asset managers reached a new record of…
PNB EXPLORING RM3B SALE OF PROLINTAS
Malaysia’s state-owned asset manager Permodalan Nasional Bhd (PNB) is considering selling its toll road unit Projek…
TEMASEK REPORTS DROP IN PORTFOLIO VALUE
Temasek Holdings on Tuesday (Jul 11) reported a 5.2 per cent fall in the value of…
NTT DC REIT’S FLAT IPO DEBUT ON SGX
Abigail Ng The NTT DC REIT, which started trading on the Singapore Exchange on Monday, reached US$1.03…
SGD MAY STRENGTHEN TO USD PARITY BY 2030
Rthvika Suvarna and Marcus Wong The Singapore has gained over 6 per cent this year, with…
DANANTARA TO DRAW DOWN $3B CREDIT LINE
By Stefanno Sulaiman and Yantoultra Ngui Indonesian sovereign wealth fund Danantara is likely to draw down $3 billion initially…