Three-Minute Digest

Govt to intervene if Reits seem unfair

THE government will intervene if it sees evidence of collusion or the abuse of market dominance by any landlord - including Reits.

ExxonMobil to add downstream plants

EXXONMOBIL has given the go-ahead for two additional downstream plant investments at its second petrochemicals complex on Jurong Island.

1MDB unit secured RM2b govt funding

A unit of Malaysia's state-owned 1MDB, tasked to acquire resources, had received a RM2 billion loan from the Malaysian government in 2011.

COVs hit zero for first time since 2006

FOR the first time in nearly a decade, the overall median cash-over-valuation for resale HDB flats hit ground zero last month.

Who says Tuan Sing is going private?

PRIVATISATION is not on Tuan Sing Holdings' cards, despite a stock price that some observers say is "severely undervalued".

BlackRock unmoved by China default

AS China's first bond default happens today, Andrew Swan, a top-ranked BlackRock fund manager in Asia-Pacific, remains unperturbed.

Foreign banks to hire more women

FOREIGN banks are stepping up recruitment of women graduates from the local universities.

M'sia EPF mulls Islamic pension fund

MALAYSIA'S US$160 billion state pension fund is studying the possibility of establishing pension funds focusing on Syariah-compliant investments.

Weak cargo weighs on Asia-Pac airlines

SHARES in Asia Pacific carriers remained weak in February, even as worldwide airline shares increased 6 per cent month-on-month.