Hong Kong's office rents are almost three times more expensive than those in Singapore as property markets in two of Asia's largest commercial centers have diverged sharply in recent years.
Ezra Holdings said that the Chapter 11 filing on associated company Emas Chiyoda Subsea (ECS Group) does not deal with its charter-hire liabilities of hundreds of millions that relate to vessels chartered by the ECS Group.
Singapore banks are trading at premiums that suggest high expectations of zero oil-and-gas provisions, a sharp rise in benchmark rates to price loans, or chunky fees, said CIMB Research in a report this week.
Temasek Foundation Ecosperity (TF Ecosperity) on Friday announced the opening of its first call for proposals for sustainable, innovative solutions to improve liveability.
Malaysia's January exports rose for a third consecutive month, surging by the its fastest pace in more than a year due to strong demand for commodities and manufactured goods, government data showed on Friday.
The STI Today
First we had "Reaganomics" then came the "Greenspan put" which was then followed by the "Bernanke put". Now we have "Trumponomics" that is sometimes used interchangeably with the "Trump put" which means essentially the same thing as all its predecessors - official pronouncements about stimulus that prompt frenzied buying of Wall Street stocks.