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Temasek Holdings is exploring a sale of its stake in Asian drug distributor Zuellig Pharma, people familiar with the matter said.

Temasek said to prepare US$1b Zuellig Pharma stake sale
TEMASEK Holdings is exploring a sale of its stake in Asian drug distributor Zuellig Pharma, people familiar with the matter said.

GST could go up 2 percentage points in Budget 2018: DBS economist
THE Goods and Services Tax (GST) is likely to be raised by two percentage points in Budget 2018 as Singapore's spending needs continue to grow, according to DBS senior economist Irvin Seah.

Fullerton Healthcare gets 800m yuan investment, making China's Ping An Capital its 2nd-largest investor
FULLERTON Healthcare Corporation announced on Tuesday that Ping An Capital Co and related parties has led an investment of more than 800 million yuan (S$163.25 million) in the company, effectively becoming its second largest shareholder.

Singapore's completed condo prices up 0.6% in October from September: NUS
PRICES of completed private apartments and condos in Singapore rose 0.6 per cent in October compared to the previous month.

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Cathay to focus on property business, lend iconic name to mm2 Asia's Singapore cinema operations
WITH the sale of the historic Cathay cinema chain and brand, the parent Cathay Organisation will now focus on its property business, said managing director Choo Meileen on Tuesday.

Competition Commission fines companies for rigging F1 tender
THE Competition Commission of Singapore (CCS) has fined a number of companies for colluding to rig tenders called for the Singapore Formula 1 Grand Prix and for an international school. 

The STI Today

Singapore shares close 0.2% up on Tuesday
SINGAPORE stocks ended 0.2 per cent higher on Tuesday, with the Straits Times Index advancing 5.99 points to 3,442.35.

 

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