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Huge Vietnam fraud case raises questions over banking system

A MULTI-BILLION-DOLLAR fraud scandal involving one of Vietnam’s most prominent tycoons exposed systemic weaknesses in the country’s banking sector, say analysts who warn other such cases could yet emerge. Read more at The Business Times.

The Business Time |  | Fuente original

Jaguar to become electric-only niche luxury brand, and make under 60,000 cars a year  

THIS big cat is going to change its spots. British car brand Jaguar will no longer compete with mainstream luxury rivals such as BMW and Mercedes-Benz, transforming instead into a low-volume, niche brand that will churn out only electric vehicles (EVs). Read more at The Business Times.

The Business Time |  | Fuente original

Singapore’s real incomes rebound in 2024 as inflation eases, but real wage growth for last 5 years still low

REAL incomes in Singapore made a rebound in 2024 as inflation eased, recovering from the previous year’s decline, the Ministry of Manpower’s (MOM) annual Labour Force in Singapore Advance Release report showed on Thursday (Nov 28). Read more at The Business Times.

The Business Time |  | Fuente original

Household debt on the rise but may be cushioned by wage, financial assets growth: MAS

DESPITE rising household debt, most borrowers are still likely able to repay loans, as wages and financial assets grow at a faster pace, said the Monetary Authority of Singapore (MAS) in its annual Financial Stability Review on Wednesday (Nov 27). Read more at The Business Times.

The Business Time |  | Fuente original

Indonesia mulls review of clean energy exports to prioritise national interest

[JAKARTA] Indonesia may review plans to export clean electricity as the government prioritises national interests and sustainability in allocating natural energy resources, according to a senior minister of Indonesia. Read more at The Business Times.

The Business Time |  | Fuente original

Thomson View sold for S$810 million to UOL, CapitaLand

THOMSON View has been sold for S$810 million to UOL, Singapore Land (SingLand) and CapitaLand Development (CLD), after the condominium’s owners on Friday (Nov 22) green lit a deal for their en-bloc sale. Read more at The Business Times.

The Business Time |  | Fuente original

Consumers still high on craft beer, but market is sobering up with belt tightening and closure of Archipelago, Trouble Brewing

SINGAPORE’S beer drinkers are raising a toast to craft beer, as more consumers swap mass-market lagers for the nuanced flavours of artisanal brews. Read more at The Business Times.

The Business Time |  | Fuente original

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