Daily Briefing: Singapore developer plans tallest skyscraper in London; CMA CGM offers to buy NOL

And here’s the deal on Singapore’s new push for tech-based senior care.

Aroland Holdings Ltd., a Singapore-based developer, plans to build the tallest tower in the City of London’s financial district near the skyscrapers known as The Cheesegrater and The Gherkin. The 73-story building will include a public viewing gallery and restaurant at the top, as well as enough workspace for 10,000 people, Aroland said in an e-mail on Monday. Read more here.

French transport firm CMA CGM SA said Monday it has made a $2.4 billion takeover bid for Singapore-based Neptune Orient Lines (NOL) to try to cement its own position as a global leader in container shipping. The proposed cash acquisition, announced in a filing with the Singapore Exchange where NOL is listed, values it at around Sg$3.4 billion ($2.4 billion). Find out more here.

When you think about business opportunities in tech, it’s safe to assume the elderly aren’t the first audience that comes to mind. And yet, with the median age rising in many countries throughout the world, seniors are quickly becoming a demographic that can’t be ignored. In Singapore, the median age of the population has risen from 34 in 2000 to 39.6 in 2015 according to the Singapore Department of Statistics. Read more here.

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