
Daily Briefing: Singapore banks urged to curtail loans to haze-linked firms; SingPost doubles down on e-commerce
And here's the deal on Asia's most livable city.
An umbrella group of local and foreign banks in smog-hit Singapore has urged members to make "sustainable development" part of their lending requirements, stepping up pressure on companies linked to land-clearing fires in Indonesia. Read more here.
Singapore Post Ltd., which counts Alibaba Group Holding Ltd. as its second-biggest shareholder, plans to expand freight services and warehouses in the U.S. and Europe as Asia’s emerging middle class drives online purchases from overseas. Find out more here.
Bustling and ever lively, Hong Kong is widely known as one of Asia's most-liveable cities. But socio-political instability may have dimmed the appeal of the Chinese Special Administrative Region (SAR) as a place to live and work, with Hong Kong taking a tumble down prominent liveability rankings in recent months. Read more here.