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CIMB appoints veteran banker Mak Joon Nien as Singapore CEO
[SINGAPORE] Malaysian bank CIMB Group announced on Thursday (May 7) that it has appointed Mak Joon Nien as CEO of CIMB Singapore.He has also been appointed CEO of growth...
Scoot adds 11 Airbus A320neo family aircraft to its fleet
[SINGAPORE] Scoot has placed firm orders for five Airbus A320neo family aircraft, the budget carrier announced on Thursday (May 7).The low-cost subsidiary of Singapore Airlines (SIA) also exercised options...
SingPost partners Europe’s Asendia to enhance cross-border e-commerce delivery
Local customers will be able to sell and scale their online retail business in new markets with this tie-up[SINGAPORE] Singapore Post (SingPost) entered into a strategic partnership with European...
Two Indian conglomerates to plow US$1 billion in EV, battery tech
Beijing has become more selective about transferring advanced battery and EV technologiesPublished Thu, May 7, 2026 · 05:32 PMTWO Indian conglomerates are looking to spend nearly US$1 billion to...
MAS to ‘harmonise’ securities laws to facilitate dual listings under new Bill
The proposed legislation will ‘position Singapore to capture future opportunities’: Chee Hong Tat[SINGAPORE] Proposed amendments to the Securities and Futures Act will empower the Monetary Authority of Singapore (MAS)...
Amazon cuts Singapore workforce as it phases out local fulfilment including Amazon Fresh
About 80% of the Republic’s customers shopped for international products in the Amazon Singapore store in 2025[SINGAPORE] Amazon is cutting roles in Singapore as it ramps up expanding the...
Bank Negara Malaysia holds key rate steady, flags risks from Middle East crisis
The latest indicators show the country’s Q1 growth momentum continues, driven by domestic demand and strong exportsPublished Thu, May 7, 2026 · 03:17 PM — Updated Thu, May 7,...
Malaysia’s central bank keeps key rate at 2.75%
Published Thu, May 7, 2026 · 03:17 PM[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate steady for the fifth straight policy meeting on Thursday (May 7), with...
Maersk first-quarter profit beats forecasts, keeps outlook unchanged
The shipping group still projects global container volume growth of between 2%-4% this year Published Thu, May 7, 2026 · 02:26 PM — Updated Thu, May 7, 2026 ·...
RBNZ’s frequent remit adjustments risk policy error, OECD warns
The central bank has provisionally forecast inflation will rise to 4.2% in the current quarterPublished Thu, May 7, 2026 · 12:33 PM[WELLINGTON] New Zealand should reconsider how frequently it...
