Daily Briefing: Singapore courts Chinese tourists as retail falls; Vietnam sugar producer mulls $600m Singapore listing

And here's why saving bonds should be part of any investor's portfolio.

Singapore has unveiled its own shopping version of Golden Week that could help woo Chinese tourists traveling abroad during a week-long national holiday in China. Brands from Estee Lauder to Nike to Samsonite are offering discounts in the city-state starting Friday, coinciding with China’s National Day public holidays. Read more here.

Sugar, energy and real estate conglomerate Vietnam TTC Group, is stepping up its production of sweetener and seeking new investors as it gears up for a Singapore listing. Ahead of the planned share sale, the group’s Thanh Thanh Cong Tay Ninh SC or TTC Sugar, will merge with another sugar company to create a combined entity worth $200 million. Read full story here.

The second half of 2015 saw the Monetary Authority of Singapore introduce the Singapore Savings Bond, which are a special type of Singapore Government Securities. What so special about SSB? Read here to find out.
 

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