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MISC, BUMI ARMADA CALL OFF THEIR MERGER
MISC Bhd and Bumi Armada Bhd have mutually ended their proposed merger. The merger proposal, first…
MMC PORT SHORTLISTS CORNERSTONE INVESTORS FOR OCTOBER IPO
MMC Port Holdings aims to finalise its cornerstone investor lineup as early as August, ahead of…
DBS TO DEEPEN FOCUS ON FAMILY OFFICE
Singapore lender DBS Group is stepping up its focus on the business of family offices, where…
VALE INDONESIA SEEKING UP TO $1.2B FUNDING
Nickel miner Vale Indonesia plans to seek between $1 billion and $1.2 billion in financing over…
RINGGIT EDGES HIGHER AS TARIFF DEADLINE LOOMS
The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional…
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…