- Singapore central bank says trade woes spell more uncertainty for global economy .
Growth in international trade is lagging global income for the first time in decades, spelling more uncertainty for the world economy, Singapore’s central bank chief Ravi Menon said on Thursday.
- HMI gaining a steady pulse in the medical tourism sector.
KGI Fraser is starting scope on private medicinal services administrator Health Management International (HMI) with a “purchase” call at an objective cost of 60 pennies.
Beside a human services preparing organization situated in Singapore, HMI possesses and works two tertiary healing facilities in Malaysia with a 61% and 49% particular stake in Regency Specialist Hospital (RSH) in Johor and Mahkota Medical Center (MMC) in Malacca.
- Joyful Frog Digital Incubator shutters accelerator programme.
ingapore’s first start-up accelerator, Joyful Frog Digital Incubator (JFDI), has shuttered its accelerator programme for good according to a blog post by co-founder Hugh Mason.
- Jasper Investments announces new appointment and collaboration in China .
Jasper Investments declared its arrangement as an undertaking chief for an infrastructural venture in Sanya, Hainan island.
- Singapore high-rise office rents decline by 7% as demand slows .
Singapore proprietors are paying the punishment for a moderating economy. Alone among the world’s significant urban areas, the expense of leasing an office with all encompassing perspectives is falling as supply overwhelms request.
Yearly leases on the upper floors of Singapore’s high rises fell 7% to about US$775 ($1,056) a square meter in the initial six months, as indicated by a 23-city list assembled by Knight Frank LLP. The greatest increment was in Shanghai, where rents climbed 7.6% to US$774. In Hong Kong, the most costly market, rents ascended by 5.9% to US$2,996 a square meter, the intermediary said.
- Commodity trader Olam hunts bolder deals after US$2 bil spree .
Olam International, one of the world’s biggest sustenance items brokers, is focusing on more acquisitions one year from now after a US$2 billion ($2.7 billion) spree since late 2014 including bargains in cocoa, peanuts and wheat.
“We have enough dry powder to execute both our natural and inorganic development system,” Chief Executive Officer Sunny Verghese said in a meeting in Singapore.
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