Singapore

GIC snaps up 95% stake in 60 Wall St.

The building is the US HQ of Deutsche Bank.

Bumitama Agri's crude palm oil production up 11.1% in Q4

But CPO production for the whole year saw a 5.6% decline.

Why Datacloud was brought to Singapore

It will be in Capella Hotel on Sentosa Island.

Singapore to pursue other free trade initiatives as TPP collapses

MTI will discuss the way forward with other TPP partners.

On Trump, free trade, and the end of TPP

On 20 January 2017 Mr Donald J. Trump sworn in as the 45th President of the United States of America, and as part of his “100-day action plan to Make America Great Again” on 23 January 2017 signed the executive order to withdraw the USA from the TPP, the Trans Pacific Partnership free trade agreement between 12 Asia-Pacific countries including four within the ASEAN marketplace (Singapore, Malaysia, Vietnam, and Brunei). It reconfirmed Trump’s position well expressed during his presidential campaign and remarked his intent to withdraw from the TPP “from day one,” calling it “a potential disaster for our country” and continued by adding that instead he would negotiate “fair bilateral trade deals that bring jobs and industry back”.

Why Singapore's shares could benefit from Trump – in 2019

If history is any guide, under US President Donald Trump, Singapore’s stock market won’t post returns worth writing home about… until 2019. But: given the unpredictability of Trump so far, history may not be prologue at all.