SINGAPORE: Thai Beverage (Thai Bev) plans to sell a 20% stake in its regional beer business via a Singapore listing, in what is set to be the largest initial public offering in the city-state in nearly a decade. In a statement filed to the Singapore Exchange after midnight, Thai Bev said the move would give […]
Read MoreRETAIL sales fell 3.6 per cent in December 2020 on a year-on-year (y-o-y) basis, with most industries recording declines as they remain affected by low visitor arrivals, according to the Singapore Department of Statistics (Singstat) on Thursday. This was a larger decline compared to the 1.7 per cent y-o-y decline in November, though gentler than […]
Read MoreWASHINGTON (BLOOMBERG) – South Korea returned to first place in the latest Bloomberg Innovation Index, while the US dropped out of a top 10 that features a cluster of European countries. South Korea regained the crown from Germany, which dropped to fourth place. The Asian nation has now topped the index for seven of the […]
Read MoreSINGAPORE (BLOOMBERG) – Singapore’s battered property firms are hitting a snag in their recovery after rising coronavirus infections led to an extension of remote work in the city-state. Shares of commercial developers and real estate investment trusts (Reits) have fallen since authorities announced last month that working from home will remain the default arrangement. The government is […]
Read MoreSINGAPORE – The manufacturing sector has continued its uptrend, as factory activity recorded a seventh straight month of expansion in January. Experts said the sector, while not expected to grow as rapidly as it did in 2020, is likely to see a modest increase this year. The Singapore Purchasing Managers’ Index (PMI) – a key […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Stormy skies will loom over their businesses, despite the sun peeking out from behind the clouds in 2021, if you ask small and medium-sized enterprises (SMEs). Many are counting on the Government to shield them from the rain. While they feel an increased positivity towards the economic climate in 2021, SME […]
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Thailand
