Daily Debrief: What Happened Today (May 30)
Stories you might have missed
FBI takes down massive global army of zombie computer devices, arrests key player in Singapore
THE US Federal Bureau of Investigation (FBI) said it has dismantled what is likely the world’s largest botnet – an army of 19 million infected computers – that was leased to hackers for cybercrimes.
Port congestion in Singapore leads to some liners skipping calls here
PORT congestion in Singapore has forced some liners to skip the world’s top transhipment hub, as delays at the city-state have reached “critical levels” of up to seven days, an industry intelligence website wrote.
URA releases state land sale sites in Margaret Drive, Media Circle
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
DEVELOPERS are likely to remain conservative in bidding for these plots, as was the case in recent tender exercises, as the housing market slows further, say analysts.
Brookfield, Temasek to buy out France’s Neoen in 6.1 billion euro deal
BROOKFIELD Asset Management, together with its institutional partners Brookfield Renewable and Temasek, have proposed to purchase a remaining 53.32 per cent stake in Neoen for 39.85 euros per share.
South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain
SOUTH-EAST Asia’s private equity (PE) industry is holding its head above water, but needs stronger stock markets to support exits via initial public offerings (IPOs). That is the verdict from Bain & Company’s Southeast Asia Private Equity 2023 Year in Review, released on Thursday (May 30).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.