Shorter processing time for family offices as MAS takes 'risk-proportionate' approach to attract the ultra-rich
"When we talk about risk, we take a risk-proportionate approach, and not a zero-risk approach. Because if we are overly 'kiasu', I think we would not be able to capture new opportunities," says National Development Minister Chee Hong Tat.
Malaysia central bank lowers key rate to 2.75%
KUALA LUMPUR: Malaysia's central bank cut its benchmark interest rate for the first time in five years on Wednesday, as it looks to support the economy amid a weaker growth outlook and rising uncertainty in global trade. Bank Negara Malaysia lowered its overnight policy rate (OPR) by 25 bas ...
Malaysia central bank lowers key rate to 2.75% on weaker growth outlook
KUALA LUMPUR : Malaysia's central bank cut its benchmark interest rate MYINTR=ECI for the first time in five years on Wednesday, as it looks to support the economy amid a weaker growth outlook and rising uncertainty in global trade.Bank Negara Malaysia lowered its overnight policy rate (OPR) by ...
DBS, Singtel help lift Temasek’s portfolio to record S$434 billion
Navene Elangovan - Total shareholder returns remain steady: 10-year return dips one point to 5% while 20-year figure comes in unchanged at 7%
Temasek to increase exposure in AI, core-plus infrastructure
Navene Elangovan - Artificial intelligence is a ‘two-decade opportunity’, says deputy CEO Chia Song Hwee
Singapore must be willing to take some risks to capture wealth management opportunities: Chee Hong Tat
Tan Nai Lun - He says MAS will assess “fairly and objectively” the severity of the different offences when it comes to regulatory cases
Temasek shifts early-stage focus ‘a little more’ towards larger startups, after FTX and eFishery setbacks
Renald Yeo - Early-stage investments remain capped at 6% of Temasek’s overall portfolio
Australia's Telstra to axe 550 roles in enterprise business overhaul
Telstra Group, Australia's top telecom operator, said on Wednesday that it plans to lay off 550 employees as part of an ongoing overhaul of its enterprise business and structural changes across other parts of the organisation.The 550 affected roles represent less than 2 per cent of Telstra' ...
Surging UK shipping costs threaten to deliver a new price shock
It’s possible that the increase will prove to be just a short-lived side effect of the shifting US trade policies, and shipping...
Singapore sustainable bond issuances jump 80% to S$13.3 billion in 2024: MAS
Sharanya Pillai - The central bank tilting its corporate bond portfolio towards less carbon-intensive exposures; to work with industry on talent development and explore nature-related...
Singapore sustainable bond issuances hit S$13.3 billion in 2024: MAS
Sharanya Pillai - The central bank tilting its corporate bond portfolio towards less carbon-intensive exposures; to work with industry on talent development and explore nature-related...
Malaysia’s data centre dreams hit by tariffs, chip ban fears, trade tensions
But strong fundamentals and a wave of digital investments driven by Asia-Pacific’s surging demand for data and computing could help the country...
Autonomous robots, AI chatbots help couriers speed up deliveries as e-commerce volumes soar
Experts say hybrid delivery models will become more prevalent over the next few years, with human and robot couriers working alongside each other.
Trump says pharmaceutical tariffs could reach 200%
WASHINGTON: US President Donald Trump on Tuesday (Jul 8) said he plans to announce tariffs on imported pharmaceuticals, which could reach 200 per cent, but he would give drugmakers about one year "to get their act together". "We're going to give people about a year, a year and a ...
Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks
HONG KONG: Stocks were mixed Wednesday (Jul 9) as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade talks after the US president warned he would not again extend a deadline to reach deals. Investors took in their stride news that Trump had
Macquarie is said to weigh sale of Singapore petrochemical asset
The terminal has about 409,000 cubic metres of storage capacity and more than 80 tanks
Malaysia calls for stronger inter-Asean trade amid tariffs uncertainty
[KUALA LUMPUR] Malaysia’s Prime Minister Anwar Ibrahim on Wednesday urged South-east Asian countries to “act with purpose” and enhance trade among each...
Over a third of Singapore professionals are upskilling on Coursera
Nurdianah Md Nur - Nearly two in five (36%) working professionals in Singapore are actively learning on Coursera, according to the global online learning platform’s latest Global Skills Report. Tech-related courses continue to dominate demand. Enrolments for artificial intelligence (AI) and machine learning courses ...
Apple bids for Formula 1 rights in US, Financial Times reports
Apple is in talks to acquire the U.S. rights to screen Formula 1 when the broadcast contract becomes available next year, Financial Times reported on Wednesday.Reuters could not immediately confirm the report.
Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success, FT reports
Apple is in talks to acquire the U.S. broadcast rights to screen Formula 1 when the contract becomes available next year, the Financial Times reported on Wednesday, following the success of Brad Pitt-starrer "F1: The Movie".The report follows the strong box office performance of Apple' ...
Vietnam to introduce measures to cope with US tariffs, trade official says
HANOI :Vietnam will devise measures to improve product quality to cope with potential risks from U.S. tariffs, as it seeks to expand exports to other markets and reduce its reliance on the United States, the country's deputy trade minister said on Wednesday.The Ministry of Industry and Trade is ...
Singapore bank bonds can stand tall in 2H2025 on flight to quality
Rena Kwok / Bloomberg Intelligence - Singapore bank bonds are likely to retain their safe-haven status in 2H2025, as their asset quality is expected to remain robust despite increased headwinds linked to tariffs. Strong underwriting and risk management have kept small- and medium-sized enterprises (SME), trade-reliant industries and co ...
Danish firm’s new S$150 million RedLion2 logistics hub expected to boost Singapore-Johor connectivity
Low Youjin - It will work in tandem with Danish company’s Sunway City warehouse in Johor
DSV’s new S$150 million RedLion2 logistics hub expected to boost Singapore-Johor connectivity
Low Youjin - It will work in tandem with Danish company’s Sunway City warehouse in Johor
No bricklayers, only robots: Singapore’s first 3D printed house
Helmi Yusof - Sketched by hand, built by machine, this Bukit Timah house hints at the future of homebuilding
Asia: Markets mixed as Trump flags fresh tariffs, eyes on trade talks
[HONG KONG] Stocks were mixed on Wednesday as investors assessed Donald Trump’s latest tariff threats, while keeping an eye on trade talks after...
China's snaps 4-month consumer decline but factory price deflation deepens
BEIJING: Consumer prices in China rose slightly in June, official data showed on Wednesday (Jul 9), snapping a four-month decline even as factory gate prices were bruised by a fierce trade war with Washington. Chinese officials have been trying to revive sluggish domestic spending since the end of t ...
Musk chatbot Grok removes posts after complaints of antisemitism
Grok, the chatbot developed by the Elon Musk-founded company xAI, removed what it called "inappropriate" social media posts on Tuesday after complaints from X users and the Anti-Defamation League that Grok produced content with antisemitic tropes and praise for Adolf Hitler.Issues of polit ...
NTT DC REIT is not like other REITs with US assets, say CEO and CFO of manager
Goola Warden - NTT DC REIT is the first REIT IPO on the Singapore Exchange (SGX) since December 2021, when Digital Core REIT was listed. It is also the largest REIT offering since 2013. GIC is a cornerstone investor subscribing for 9.8% and sponsor NTT will retain 25%. That in itself is different, as GIC rarely in ...
Indonesia’s Chandra Daya jumps 35% following 2.4 trillion rupiah million IPO
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships...
Qantas confirms personal data of over a million customers leaked in breach
Australia's Qantas Airways said on Wednesday (Jul 9) more than a million customers had their phone number, birth date or home address accessed in one of the country's biggest cyber breaches in years. The airline operator said that another four million customers had just their name and emai ...
Why knowledge graphs are crucial for agentic AI
Xander Smart - Singapore’s ambition to become a global hub for artificial intelligence (AI) is rapidly taking shape, fueled by over $1 billion in government investments. But beyond the headlines lies a crucial shift unfolding in businesses across the city-state: the rise of autonomous AI agents, or agentic AI. U ...
More balanced year ahead for Golden Agri-Resources
Samantha Chiew - RHB Bank Singapore continues to rate Golden Agri-Resources "neutral" with a lower target price of 25 cents from 26 cents previously. The Singapore research group says: "We expect 2026 to be a more balanced year fundamentally, with lower y-o-y crude palm oil (CPO) prices, but geopoliti ...
Wilmar's legal overhang causes uncertainties
Samantha Chiew - RHB Bank Singapore is keeping a "neutral" call on Wilmar international with a lower target price of $2.80 from $3.00 previously. The firm has an ESG score of 3.3 out of 4 and roll forward valuation target to FY2026. The Singapore research group says: "We expect 2026 to be a more balan ...
