Bizview: Today's top business news
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The resale prices of private condominiums and apartments in Singapore edged up 0.2 per cent in August over the previous month, flash estimates from SRX Property showed on Tuesday (Sept 8).
Singapore has a "lean government" which imposes a much lighter tax burden on the economy compared with most other developed countries, Temasek Holdings chief executive Ho Ching said in a Facebook post about Singapore's government budget on Tuesday morning (Sept 8).
Mainboard-listed CEFC International Ltd said on Tuesday (Sept 8) that its wholly-owned subsidiary, Singapore CEFC Petrochemical & Energy Pte. Ltd. (SPE), has entered into a framework cooperation agreement with CEFC Shanghai International Group Ltd, a unit of CEFC China Energy Company Limited.
Mainboard-listed YuuZoo Corp has tied up with Sweden-based Circle of Champions Inc (CoC) to distribute and market its mobile games Powershot Challenge and Striker Challenge.
Cheung Kong Infrastructure Holdings has offered US$11.6 billion (S$16.5 billion) to buy Power Assets Holdings in stock as Mr Li Ka-shing seeks to combine his utility businesses for further expansion.
Thailand's military government on Tuesday approved a new round of economic measures worth 206 billion baht (S$8.12 billion) to help small and medium-sized businesses (SMEs), as the ruling junta seeks to revive flagging economic growth.
China's exports declined in August, adding to growth pressures facing the world's second-largest economy. Overseas shipments fell 6.1 per cent from a year earlier in yuan terms, the customs administration said on Tuesday (Sept 8).
China plans to halt all trading on its stock markets if they move five per cent or more, according to a statement from the country's two exchanges, as authorities seek to control a rout.
