Business

Nomura’s Thai securities unit is sold to Thai Bank of Ayudhya for $155.3 million

THAILAND: On Thursday, the Bank of Ayudhya Pcl (BAY) of Thailand stated that it has agreed to pay $155.3 million…

June 30, 2022

Malaysian palm oil millers stop production as CPO prices fall

MALAYSIA: Some Malaysian palm oil mills have temporarily halted production due to a drop in prices, according to a miller's…

June 28, 2022

Indonesia identifies ex-Garuda chief as a graft suspect

JAKARTA: Investigators are looking into potential irregularities in the procurement of Bombardier and ATR planes, Indonesia's attorney general said on…

June 28, 2022

Jumbo Floating Restaurant’s parent company says no insurance payout

SINGAPORE: A statement from Hong Kong's Jumbo Floating Restaurant's parent business on Sunday stated that it will not get any…

June 27, 2022

Some aviation positions are hard to replace, say corporations and experts

SINGAPORE: Some analysts believe there may still be some hiccups in Singapore's aviation business, despite the city's relatively easy rehiring…

June 27, 2022

US business groups urges free trade talks with Taiwan

TAIPEI: The American Chamber of Commerce in Taiwan urged the United States to "urgently" begin negotiations with Taiwan on a…

June 23, 2022

Google settles French online copyright dispute

PARIS: France's antitrust authorities announced on Tuesday that Google has agreed to resolve a copyright dispute in France regarding online…

June 22, 2022

Strong currency and rising oil costs create “perfect storm” for airlines

DOHA: At a time when pricing pressures and labor shortages strain the pandemic-hit industry's recovery, global airlines are facing a…

June 22, 2022

Cryptocurrency fears are becoming a reality, says BIS

LONDON: Recent cryptocurrency market explosions indicate that the long-foreseen dangers of decentralized digital money are now manifesting, according to the…

June 22, 2022

Owners plan long-term stays in Ang Mo Kio, unfazed by rule modifications

SINGAPORE: Many tenants of Ang Mo Kio Avenue 3 have stated that the revised criteria under the HDB's Selective En…

June 21, 2022

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