Posts by Liam Redmond
NEA issues notices to 10 Singapore-based companies, including Wilmar and APP, over haze
It seeks information on firms’ Indonesian land concessions, corporate links and measures to prevent, fight fires [SINGAPORE] The National Environment Agency (NEA) has issued notices to 10 Singapore-registered companies, including Wilmar International and Asia Pulp & Paper (APP), seeking information on their operations and potential links to the haze affecting Singapore. In a statement on…
Read MoreJio’s record IPO draws strong demand, defying India market rout
However, its overall subscription trails some other large offerings from the country in recent years Published Fri, Oct 23, 2026 · 09:18 PM [MUMBAI] Jio Platforms’ US$3.1 billion initial public offering drew strong demand, particularly from institutional investors, as the country’s biggest share sale defied the drag of a week-long sell-off in Indian equities. The…
Read MoreOUE Reit strengthens presence in Sydney with further 50% stake in Salesforce Tower
[SINGAPORE] OUE Real Estate Investment Trust is acquiring a further 50 per cent of Salesforce Tower, a 55-storey prime freehold commercial tower in Sydney, Australia, it announced on Friday (Oct 23). The deal, valued at A$864 million (US$606.4 million), takes the Reit’s control of the property, located at 180 George Street, to 69.9 per cent…
Read MoreOUE Reit buys another 50% stake in Sydney’s Salesforce Tower in US$606.4 million deal
[SINGAPORE] OUE Real Estate Investment Trust (Reit) is acquiring a further 50 per cent of Salesforce Tower, a 55-storey prime freehold commercial tower in Sydney, Australia, it announced on Friday (Oct 23). The deal, valued at A$864 million (US$606.4 million), will take the Reit’s control of the property at 180 George Street to 69.9 per…
Read MoreSingapore’s central gas buyer affirms Indonesia’s role as ‘important partner’ amid export review warning
Analysts warn that supply curb could raise power prices, and stress the need for a diversified supply [SINGAPORE] Singapore’s centralised gas buyer expects Indonesia to remain an “important regional partner” for energy security, Singapore GasCo CEO Alan Heng told The Business Times on Friday (Oct 23). His comments came after Indonesia’s Coordinating Minister for Downstreaming…
Read MoreSingapore shares edge higher despite losses in local banks; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Friday (Oct 23). The benchmark Straits Times Index (STI) gained 0.1 per cent or 7.02 points to finish at 5,422.16. CapitaLand Investment led the gainers on Singapore’s blue-chip index, rising 3.9 per cent or S$0.09 to S$2.40. The worst performer among STI constituents was Yangzijiang Shipbuilding , which fell…
Read MoreSGX CEO Loh Boon Chye plans exit after a lucrative, decade-long pivot
[SINGAPORE] Loh Boon Chye – the man who steered the Singapore Exchange (SGX) through a period of trading disruptions and into the highly profitable world of multi-asset derivatives – is preparing to step down after more than 11 years at the helm. Speaking at SGX’s 27th annual general meeting on Friday (Oct 23), Loh, 62,…
Read MoreFrom crisis to revival: SGX CEO Loh Boon Chye plans exit after lucrative decade-long pivot
[SINGAPORE] Loh Boon Chye – the man who steered the Singapore Exchange (SGX) through a period of trading disruptions and into the highly profitable world of multi-asset derivatives – is preparing to step down after more than 11 years at the helm. Speaking at SGX’s 27th annual general meeting on Friday (Oct 23), Loh, 62,…
Read MoreCabin fever: Airlines rush to refurbish plane interiors to keep competitive edge
[SINGAPORE] Singapore Airlines (SIA) will soon pull the cover off its highly anticipated next-generation cabin products, which are part of its S$1.1 billion retrofit programme for 41 aircraft. The launch on Nov 6 is in line with a broader industry overhaul – what airline reviewer Aaron Wong, who runs travel hacks website The MileLion, describes…
Read MoreCabin fever: Airlines are rushing to refurbish plane interiors, but will their bets pay off?
The focus is on whether such moves will boost carriers’ competitiveness – and if customers will pay the price [SINGAPORE] Singapore Airlines (SIA) will soon pull the cover off its highly anticipated next-generation cabin products, which are part of its S$1.1 billion retrofit programme for 41 aircraft. The launch is in line with a broader…
Read MoreGeely Auto, a key BYD rival, primed to re-enter Singapore market
The firm is said to be in talks to appoint an agent from among the city-state’s big automotive groups [SINGAPORE] One of China’s top-selling car brands – and a key rival to BYD – could re-enter Singapore soon. Geely Auto, the eponymous mainstream car brand of Chinese carmaker Geely Automobile Holdings, is in the process…
Read MoreChina’s CATL, BAIC target 1 million cars with new battery swap network
The companies will also cooperate on infrastructure construction and new business models, among others Published Fri, Oct 23, 2026 · 02:40 PM [BEIJING] Contemporary Amperex Technology Co Ltd (CATL) and Beijing Automotive Group (BAIC) will develop a battery-swapping system, with the aim of servicing one million vehicles, as the battery giant looks to grow what…
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