Fashion
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
[ad_1] [JAKARTA] Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its US$1 billion purchase of Esso-branded service...
Novartis Q3 operating income up 6% on new drug sales
[ad_1] Third-quarter operating income, adjusted for special items, rose to US$5.46 billion[FRANKFURT] Swiss drugmaker Novartis, on a deal-making spree this year, reported a gain in operating income of 6 per...
Citigroup to tie up with Coinbase to boost digital payments for institutional clients
[ad_1] [BENGALURU] Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset payment solutions for the US bank’s institutional clients, to expand the offering to global clients in the...
Sunseap founder’s firm teams up with Chinese nuclear giant on Indonesian solar import project
[ad_1] Frank Phuan’s Equator Renewables Asia is set to import clean power from the Riau Islands into Singapore[SINGAPORE] Equator Renewables Asia – a new venture of solar veteran Frank Phuan...
iX Biopharma proposes placement to raise gross proceeds of at least S$5 million as it eyes US expansion
[ad_1] The placement price represents a discount of 9.7% to the volume weighted average price (VWAP) of S$0.1107 per share[SINGAPORE] Mainboard-listed iX Biopharma has proposed a placement of new shares...
Indonesian bonds are top pick for Schroders on Purbaya, BI bets
[ad_1] [MUMBAI] Schroder Investment Management favours Indonesian bonds and the rupiah as its top picks in Asia, betting that government efforts to boost growth and expectations of further interest-rate cuts...
PBOC governor warns on stablecoin risks as global anxiety builds
[ad_1] [BEIJING] People’s Bank of China (PBOC) governor Pan Gongsheng stiffened warnings on the risks around stablecoins, as the digital tokens usually pegged to fiat currencies stir more angst among...
Philippine banks to lead profit growth among regional peers
[ad_1] [LONDON] Philippine banks, helped by robust loans, are poised to deliver the highest net interest income growth among South-east Asian lenders this year.Banks in the Philippines are expected to...
Singapore, Australia enters partnership to strengthen energy cooperation
[ad_1] It provides a framework for both energy regulators to promote cooperation and sharing of regulatory practices on gas and electricity markets[SINGAPORE] The Republic’s Energy Market Authority, as well as...
Seatrium bags S$170 million worth of new contract wins ahead of Q3 results
[ad_1] [SINGAPORE] Seatrium on Tuesday (Oct 28) announced that it has clinched S$170 million worth of new repair and upgrade contracts comprising major cruise, leisure and naval vessel projects.All works...
