Entrepreneurship
Malaysia’s Felda, FGV say Terengganu land spat could disrupt operations
They were issued an order by Terengganu state to vacate palm oil plantation land there[KUALA LUMPUR] Malaysia’s Federal Land Development Authority (Felda) and its commercial arm FGV Holdings said...
Danish ISS shares plunge on concerns over its role in deadly Hong Kong apartment fire
[STOCKHOLM] ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on...
Taiwan charges Tokyo Electron’s Taiwan unit in TSMC trade secrets case
[TAIPEI] Taiwan prosecutors said on Tuesday (Dec 2) they had charged Tokyo Electron’s Taiwan unit with violating the National Security Act and the Trade Secrets Act after a former...
Ex-director and founder of Agritrade International charged with cheating investment platform
[SINGAPORE] The founder and former director of Agritrade International Pte Ltd (AIPL) Ng Say Pek was, on Tuesday (Dec 2), charged in court with 10 counts of cheating, under...
Saudi National Bank’s US$1 billion loan adds to Middle East spree
[RIYADH] Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul.DBS Bank...
Apac PE executives are the least fazed by geopolitical uncertainty in dealmaking: report
[SINGAPORE] Private equity (PE) executives in the Asia-Pacific are the least fazed by geopolitical uncertainty when it comes to making deals, compared with their counterparts in other parts of...
Outspoken short seller Michael Burry shorts Tesla over valuation and Musk pay plan, Fortune says
[NEW YORK] Michael Burry has bet against the shares of Tesla, saying they are “ridiculously overvalued” and warning that founder Elon Musk’s proposed US$1 trillion pay package would worsen...
OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago[SINGAPORE] OCBC shares hit a fresh record on Tuesday (Dec 2) as the...
Indonesia assigns US$1 billion to Brics-led New Development Bank
[JAKARTA] Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations.The country expects its contribution to help fund sustainable...
Genting’s New York casino licence buffers risks in Malaysia
The licence comes as the company’s Malaysia casino faces constraints amid local political headwinds[KUALA LUMPUR] Genting Group won a coveted New York City casino licence that will allow the...
