Sembcorp to establish 5 industrial parks in Vietnam with Becamex
SEMBCORP Industries and long-standing partner Becamex IDC will co-establish five Vietnam Singapore Industrial Parks (VSIPs) in Vietnam, valued at approximately US$1 billion.
Abu Dhabi bank explores US$35b offer for StanChart: sources
FIRST Abu Dhabi Bank (FAB) is pressing ahead with a potential offer for Standard Chartered (StanChart), after a move to put earlier takeover plans on hold did not halt its…
Singapore scores record high of S$22.5b in fixed asset investment commitments in 2022
SINGAPORE secured a record S$22.5 billion in fixed asset investment (FAI) commitments in 2022, up from the previous year’s S$11.8 billion. However, the Economic Development Board (EDB) does not expect…
Scam victims in S’pore lost S$660.7 million in 2022, almost S$1.3 billion in past two years
SCAM victims in Singapore lost a total of S$660.7 million in 2022, up from S$632 million in 2021.
Union intervenes to stop security agency from demoting 300 officers to ‘reset’ their wages
A SECURITY agency attempted to demote 300 officers to “reset” their wages, and this prompted the Union of Security Employees (USE) to intervene.