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Category: Asia

Singapore reports server fraud involving US$390 million in transactions
Posted in Asia

Singapore reports server fraud involving US$390 million in transactions

Estimated read time 2 min read
Posted on March 13, 2025March 13, 2025
by Laura Stephen

SINGAPORE: Singapore prosecutors told a court today that a case in which Singapore-based firms have been accused of fraudulently supplying US…

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IJM Expands UK Portfolio with £72.5 Million Finsbury Circus Acquisition
Posted in Asia

IJM Expands UK Portfolio with £72.5 Million Finsbury Circus Acquisition

Estimated read time 2 min read
Posted on March 13, 2025March 13, 2025
by Laura Stephen

IJM Corporation Bhd has acquired a 143-year leasehold interest in 25 Finsbury Circus, formerly known as 1-5 London Wall Buildings,…

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Smuggling of Nvidia Chips: Investigation Only Involves Singapore’s Aperia Cloud Services, a Partner of NationGate & Exsim
Posted in Asia

Smuggling of Nvidia Chips: Investigation Only Involves Singapore’s Aperia Cloud Services, a Partner of NationGate & Exsim

Estimated read time 5 min read
Posted on March 6, 2025
by Laura Stephen

Following the revelation by Singapore’s Minister for Home Affairs and Law, K. Shanmugam, on March 3 that the police were…

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CDL’s Kwek Leng Beng Moves to Dismiss Son Sherman as CEO Amid ‘Coup’ Allegations”
Posted in Asia

CDL’s Kwek Leng Beng Moves to Dismiss Son Sherman as CEO Amid ‘Coup’ Allegations”

Estimated read time 2 min read
Posted on February 27, 2025February 27, 2025
by Laura Stephen

A Succession-like feud has engulfed one of Singapore’s richest families as property tycoon Kwek Leng Beng accused his son of…

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Indonesian prosecutors arrest two more Pertamina unit executives
Posted in Asia

Indonesian prosecutors arrest two more Pertamina unit executives

Estimated read time 2 min read
Posted on February 27, 2025February 28, 2025
by Laura Stephen

JAKARTA, Feb 27- Indonesia’s Attorney General’s Office arrested two executives at a unit of state energy firm Pertamina on charges…

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Dandara and Gamuda Land UK Form JV for City Wharf PBSA Development
Posted in Asia Business

Dandara and Gamuda Land UK Form JV for City Wharf PBSA Development

Estimated read time 3 min read
Posted on February 26, 2025April 18, 2025
by Laura Stephen

Dandara Group’s PBSA (Purpose-Built Student Accommodation) and Build-to-Rent division, Dandara Living, has entered into a strategic joint venture with Gamuda…

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Tabung Haji’s two UK units suffer RM465m loss in 2023
Posted in Asia

Tabung Haji’s two UK units suffer RM465m loss in 2023

Estimated read time 1 min read
Posted on February 25, 2025February 25, 2025
by walker Johnson

Two of pilgrimage fund Lembaga Tabung Haji’s investment holding subsidiaries based in the UK posted aggregate losses amounting to RM465.18…

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Vietnam approves over US$88bil rail link project to connect with China
Posted in Asia

Vietnam approves over US$88bil rail link project to connect with China

Estimated read time 1 min read
Posted on February 23, 2025February 23, 2025
by Edith Austen

HANOI — The Vietnamese parliament has now approved a railway project worth over US$8 billion that will connect its northern…

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Asian Markets Decline as Fed Expresses Concerns Over Trump’s Policies
Posted in Asia

Asian Markets Decline as Fed Expresses Concerns Over Trump’s Policies

Estimated read time 3 min read
Posted on February 20, 2025February 20, 2025
by Laura Stephen

HONG KONG: Asian markets turned negative today amid Federal Reserve (Fed) concerns that US President Donald Trump’s tariffs and immigration…

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Philippines exceeds 4.65 GW installation target in GEA-3
Posted in Asia

Philippines exceeds 4.65 GW installation target in GEA-3

Estimated read time 1 min read
Posted on February 20, 2025February 22, 2025
by walker Johnson

The Philippines’ Department of Energy (DOE) has announced that the recent 3rd Green Energy Auction (GEA-3) recorded an offered capacity…

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