Singapore

UMS snaps up 10% stake in ASF for RM145,000

It’s trying to find an alternative revenue source.

Mercator Lines sells 5 vessels for US$32.2m

The vessels will be delivered by February.

Citizen employment shows zero growth in 2015

Blame it on the slowdown in manufacturing, real estate.

What Singaporean investors should NOT do in 2016

To make their money grow, Singaporean investors should keep an eye on the headlines, but avoid knee-jerk reactions.

Hefty profit bump awaits SingPost after $78.4m stake divestment

It will redeploy cash into e-commerce operations.