Sumitomo Life to Buy Singapore Insurer in S$4.6 Billion Deal

[ad_1] Updated Dec. 22, 2023 1:48 am ET SINGAPORE—Sumitomo Life Insurance has agreed to buy Singapore Life Holdings in a deal that will value the homegrown insurer at 4.6 billion…

Sumitomo Life to Buy Stake in Singapore Insurance Business

[ad_1] Dec. 22, 2023 12:20 am ET Sumitomo Life Insurance has agreed to pay 1.6 billion Singapore dollars (US$1.21 billion) to TPG for a substantial stake in a Singapore insurance…

Malaysia Says Indonesian Forest Fires Causing Transboundary Haze

[ad_1] Haze from hundreds of Indonesian forest fires has reached Malaysia, shrouding some areas of the country and causing air quality to drop. Transboundary haze triggered by fires in southern…

Mastermind ‘Fat Leonard’ Got the Last Laugh in a Disastrous Navy Corruption Trial

[ad_1] Listen to article (2 minutes) Navy Capt. David Lausman, once the commanding officer of an aircraft carrier in the Pacific, stood front and center in a trial that capped…

Singapore’s Northstar Group raises $140 mn for Southeast Asia venture fund- Republic World

[ad_1] Singapore’s Northstar Group raises $140 mn for Southeast Asia venture fund- Republic World  Republic World [ad_2] Source link

Economists Keep Singapore 2023 Growth Forecast Steady, Trim 2024 View in MAS Survey

[ad_1] Dec. 12, 2023 11:04 pm ET SINGAPORE—Experts surveyed by Singapore’s central bank have maintained their economic growth forecast for this year, but trimmed their views for 2024, flagging risks…

TikTok Strikes Back in Indonesia

[ad_1] The Indonesian government executed its crackdown on “social shopping” in the name of protecting local small businesses. TikTok ended up taking over a local champion.  The deal makes good…

TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business

[ad_1] Updated Dec. 11, 2023 4:29 am ET Bytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to…

North Carolina’s Billion-Dollar Bet on an EV Outsider

[ad_1] Updated Dec. 11, 2023 12:13 am ET HAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the U.S., one state caught its attention in particular:…

Malaysia to Simplify Investment Bodies to Boost Ease of Business

[ad_1] Malaysia is working on streamlining the roles of its investment promotion agencies to improve the ease of doing business in the country and speed up business approvals, according to…