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BANK INDONESIA INTERVENES. IDR FALLS TO 5 YEAR LOW
Indonesia’s central bank conducted a “bold” intervention in the foreign exchange market on Friday, an official…
DBS & SMF PARTNER TO DECARBONISE LOCAL MANUFACTURING SECTOR
DBS and Singapore Manufacturing Federation (SMF) have signed a Memorandum of Understanding (MOU) to accelerate the…
CHINA – NOT ASIA – A WINNER IN TRUMP 2.0
It is only two months after Trump’s inauguration as President of the United States and the…
CDL CHAIRMAN ACCUSES SON OF BOARDROOM COUP
Singapore’s largest listed property developer City Developments Ltd. was plunged into crisis Wednesday, when its chairman…
PERTAMINA UNDER US$12B OIL IMPORT CORRUPTION INVESTIGATION
Indonesia’s Attorney General’s Office has arrested three executives at units of state-owned energy firm Pertamina on…
SINGAPORE LAUNCHES S$5B PROGRAMME TO BOOST SGX
Singapore announced yesterday a set of measures to rejuvenate its equities market, including a 20 per…
PHILIPPINES REMOVED FROM GLOBAL MONEY LAUNDERING ‘GREY LIST’
Authorities say this would help attract investments and aid overseas Filipino workers who send remittances through…
SINGAPORE’S OLAM SELLS AGRIBUSINESS FOR US$1.8B
Singapore-based Olam Group on Monday (Feb 24) said it will sell a 44.58 per cent stake…
INDONESIA LAUNCHES US$900B SWF
Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the…
BANKS IN SINGAPORE RETURNING EXCESS CAPITAL
United Overseas Bank joined larger rival DBS Group in returning excess capital to shareholders after delivering…