Family offices look to raise allocations to non-US, developed markets equities: BlackRock survey

[SINGAPORE] Family offices are raising their portfolio allocations for non-US developed market equities as tariff tensions and concerns about a US economic slowdown are prompting many to diversify, a BlackRock survey…

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Newly-named container ship Singapore forms part of Ocean Network Express’s US$20 billion expansion The Singapore-based carrier is adding 32 new ships, all to be registered in Singapore 

[IMABARI, JAPAN] Singapore-based shipping company Ocean Network Express (ONE) has named its latest vessel after the Republic, in a ceremony held in Ehime, Japan, on Tuesday (Jun 17). The vessel,…

Continue ReadingNewly-named container ship Singapore forms part of Ocean Network Express’s US$20 billion expansion The Singapore-based carrier is adding 32 new ships, all to be registered in Singapore 

‘Attractive valuations:’ DBS says it’s time to buy these industrial S-Reits on easing trade tensions

[SINGAPORE] The tide could soon turn for underperforming industrial Singapore-listed real estate investment trusts (S-Reits) as the sector looks set for a comeback, with attractive opportunities for re-entry, according to…

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Acting Transport Minister Jeffrey Siow expects “many” autonomous vehicles on Singapore’s roads in the next five years

[SINGAPORE] In five years, self-driving vehicles could ply Singapore’s roads and eventually change the dynamics of driving, said Acting Transport Minister Jeffrey Siow.Autonomous vehicles (AVs) are part of plans to…

Continue ReadingActing Transport Minister Jeffrey Siow expects “many” autonomous vehicles on Singapore’s roads in the next five years

World Bank approves US$2.1 billion investment to support Indonesia’s growth and clean energy goals

[JAKARTA] The World Bank has approved two major investment packages worth a combined US$2.1 billion to support job creation, economic growth, and the expansion of clean energy access across Indonesia.…

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Goh Jin Hian judgment clarifies scope of directors’ duties, notes observers as ruling says directors should be a ‘sentinel’, not a ‘sleuth’

[SINGAPORE] Former Inter-Pacific Petroleum (IPP) non-executive director Goh Jin Hian’s recent win in his appeal in the Appellate Division of the High Court has given “welcome relief” to other company…

Continue ReadingGoh Jin Hian judgment clarifies scope of directors’ duties, notes observers as ruling says directors should be a ‘sentinel’, not a ‘sleuth’