Entertainment
Thai central bank to hold rates until Q2 2025, political turmoil risks early cut
THE Bank of Thailand (BOT) will keep interest rates unchanged on Wednesday (Aug 21) and through Q1 2025 to balance growth with inflation control while assessing the impact of...
MAS issues 9-year prohibition order against ex-OCBC representative for misconduct
THE Monetary Authority of Singapore (MAS) on Monday (Aug 19) issued a nine-year prohibition order against Hoi Wei Kit, a former representative of OCBC, for misconduct. Effective from Monday,...
Property groups should sell low-yielding investment properties, go slow in raising debt
ACCESS to debt appears fine for Singapore-listed property groups. Frasers Property announced in July that it had secured a sustainability-linked loan amounting to around S$904 million, comprising an Australian...
Thailand’s Ratanarak Group buys out Jardine Cycle’s Siam City stake for US$354 million
Its controlling shareholder, Sunrise Equity, which is part of the Ratanarak Group made an offer for 76.1 million shares in Siam City for 160 baht apieceThe Ratanarak Group, which...
China’s biodiesel producers seek new outlets as hefty EU tariffs bite
CHINESE biodiesel producers are seeking new outlets in Asia for their exports and exploring producing other biofuels as supply to the European Union, their biggest buyer, dries up ahead...
Pacific International Lines adds 5 LNG dual-fuel container vessels to fleet
SINGAPORE container carrier Pacific International Lines (PIL) is in the process of renewing its fleet, with an order for five liquefied natural gas (LNG) dual-fuel container vessels. Each one...
Singtel partners Bridge Alliance to offer GPU-as-a-Service in South-east Asia
AIS in Thailand, Malaysia’s Maxis and Telkomsel in Indonesia are among the early adopters of the offeringSINGTEL and Bridge Alliance – a mobile alliance with 35 member operators globally...
India’s JSW Cement files for 40-billion-rupee public listing
India’s JSW Cement filed draft papers for an initial public offering (IPO) worth up to 40 billion rupees (S$628.4 million) on Friday (Aug 16), aiming to cash in on...
Kamala Harris interviewing top vice-presidential contenders #8
Vice-President Kamala Harris is interviewing potential contenders to be her running mate on Sunday, ahead of a battleground tour next week. Among those travelling to Washington, DC, to meet Ms...
Kamala Harris interviewing top vice-presidential contenders #9
Vice-President Kamala Harris is interviewing potential contenders to be her running mate on Sunday, ahead of a battleground tour next week. Among those travelling to Washington, DC, to meet Ms...