SINGAPORE – As the end of the second quarter approaches, the value of announced mergers & acquisitions (M&A) involving Singapore companies reached US$11.8 billion, a 10.4 per cent increase from the first quarter of 2017 despite a 16.3 per cent drop in number of announced deals, according to data from Thomson Reuters. This brings overall […]
Read MoreKUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday June 15. FUNDAMENTALS * Malaysian palm oil futures bounced back on Wednesday from a 10-month low hit in the previous session, tracking a stronger performance in soyoil on the Chicago Board of Trade and China’s Dalian Commodity […]
Read MorePrivate sector economists are more upbeat about Singapore’s economy this year as the global growth outlook continues to brighten, according to a new survey. Growth is expected to come in at 2.5 per cent this year , according to economists polled by the Monetary Authority of Singapore (MAS) in its latest quarterly survey out yesterday. […]
Read MoreThai AirAsia (TAA) is breaking into Bangkok Airways’ long-held monopoly on Bangkok-Maldives air services, knocking down the high fare barrier in the process. TAA, Thailand’s largest low-cost carrier, is to launch a daily non-stop service on Aug 11 with an introductory fare that is a fraction of what is charged by Bangkok Airways. TAA’s introductory […]
Read MoreThe Central Bank of Myanmar had already published warnings twice and defined the type of punishments in relation to different institutions, said U Win Thaw, director general of the Foreign Exchange Management Department at the Central Bank of Myanmar. The comments were made regarding the illegal use of dollars in local businesses. The central bank currently has […]
Read MoreWith an executive leadership transition in Thailand, US carmaker General Motors says its business strategy remains on course, focusing only on pickup trucks and sport utility vehicles (SUVs) in the Thai market. Yesterday, GM International announced the appointment of Sumito Ishii, managing director of GM Vietnam, as interim managing director of GM Thailand and Chevrolet […]
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