SINGAPORE (BLOOMBERG) – Underpinned by a global hunt for yield, Singapore’s real estate investment trusts (Reits) are having a bumper year in deal-making as well as fundraising. The mantra that bigger is better will continue to drive capital market activity in the sector, analysts say. Singapore-listed Reits have forked out US$16.9 billion (S$23.1 billion) to […]
Read MoreSome 200 shareholders of bus service operator Yangon Urban Public Transportation Company (YUPT) are calling on the Yangon Region government to buy over their shares in the company. This comes after a shareholder uprising over the company’s lack of profit and leadership selection disrupted YUPT’s annual general meeting in late October. Last weekend, YUPT began […]
Read MoreMANILA, Philippines — The Department of Energy (DOE) is coming out with rules to ensure the right-of-way (ROW) of the country’s power lines to provide an uninterrupted supply of electricity from power plants to consumers. The agency is seeking input from stakeholders on its draft implementing rules and regulations of Republic Act 11361 or the […]
Read MoreSINGAPORE: It’s almost like a sequel to “Crazy Rich Asians.” A year after the movie — set in Singapore — helped drive a record number of visitors to the city-state, the tourists are back again in full force, pushing arrivals to a new high in the third quarter. About 5 million travellers came to the […]
Read MoreTrue Digital Group wants to become a tech enabler in Asean over the next few years by providing the Internet of Things (IoT) and comprehensive digital solutions for vertical industries. Ekaraj Panjavinin, managing director for IoT and digital solutions at True Digital Group, said the company plans to gradually expand IoT and digital solutions to […]
Read MoreIndonesia’s consumer price index (CPI) increased 3 percent year-on-year (yoy) in November, well within the central bank’s targeted range of between 2.5 percent and 4.5 percent for 2019, Statistics Indonesia (BPS) announced on Monday. Benign inflation has given room for Bank Indonesia (BI) to ease monetary policy, as it cut the nation’s benchmark interest rate 100 percent since July to […]
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Thailand
