Daily Debrief: What Happened Today (Feb 3)

    • The quality of foreign operators that come to China will be crucial for the development of the sector.
    • The quality of foreign operators that come to China will be crucial for the development of the sector. PHOTO: SINOUNITED HEALTH
    Published Mon, Feb 3, 2025 · 06:30 PM

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    Challenges abound, but private healthcare players upbeat as China hospitals ease rules on foreign ownership

    THE Chinese government’s recent move to allow foreign healthcare players to wholly own hospitals in certain regions will offer flexibility and more avenues to players hoping to harness growth in China.


    Freehold Tan Boon Liat Building site up for sale for S$1.15 billion, may be rezoned for residential use

    TAN Boon Liat Building has been put up for collective sale for S$1.15 billion, with the Urban Redevelopment Authority expected to support the rezoning of the industrial site for residential with commercial use.


    SingPost Singapore CEO Shahrin Abdol Salam resigns; COO Neo Su Yin to assume additional responsibility

    SINGAPORE Post’s local operations chief executive Shahrin Abdol Salam has resigned. Shahrin, who turns 52 this year, left the national postal service provider “to pursue opportunities outside the company”, said SingPost on Monday (Feb 3).


    Asean’s data centre gold rush to get a boost from DeepSeek’s AI leap: Maybank

    DEMAND for Asean data centres is likely to remain resilient as Chinese artificial intelligence company DeepSeek is set to disrupt the industry and increase demand for it.


    Singapore shares track regional declines as Trump’s tariffs rattle investors; STI down 0.8%

    US PRESIDENT Donald Trump stirred market turbulence in the new trading week as he, over the weekend, followed through on his election vows to impose tariffs on Mexico, Canada, and China. This rattled stocks markets, with bourses from Japan to Australia swimming in a sea of red.

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