News
GLP eyes US$1b Tokyo spinoff of Japan properties
www.businesstimes.com.sg
[Business Times (subscription)] - By CONRAD TAN (SINGAPORE) Global Logistic Properties (GLP) is preparing to list some of its Japanese warehouse properties in Tokyo in the next few months. The initial public offer may raise as much as US$1 billion, Bloomberg reported, citing three
Accounting standards changes put on hold
www.businesstimes.com.sg
[Business Times (subscription)] - By CONRAD TAN PLANS to fully align Singapore's accounting standards with global standards will be postponed until key international standards are finalised, the Government said yesterday. Full convergence of the Singapore financial reporting standards
Purse-strings loosened to push productivity
www.businesstimes.com.sg
[Business Times (subscription)] - By CONRAD TAN SINGAPORE must boost its productivity in all sectors of the economy or risk falling behind new competitors such as Beijing and Shanghai in future, the Government has warned. It will spend $200 million over the next three years to boost
Business loans at a standstill in January
www.businesstimes.com.sg
[Business Times (subscription)] - By CONRAD TAN (SINGAPORE) Bank loans to businesses showed zero growth in January, adding to concerns that the Singapore economy faces a sharp slowdown this year. Some $ billion worth of business loans were outstanding at the end of January
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