Singapore

Mapletree Logistics Trust bought five warehouses in West Region for $730m.

Users can remit and receive money directly from their GrabPay wallet.

The firm’s ‘floating rate’ borrowings also pose a threat to its earnings.

This will allow Russian enterprises to explore IP growth markets in Asia.

A sharp decline in property development revenues hit quarterly earnings.

This translates to 932 sold units.

It changed its zoning from residential to hotel to maximise its location potential at Civic District.

The move is a part of its strategy to further digitise client solutions.

These days, it is hard to avoid the topic of digitalisation when you read any expert commentary, business book, or newspaper headline. The benefits from technologies such as Internet of Things, Big Data Analytics, Robotic Process Automation, and AI-enabled chatbots are clear: Firms can save costs from automating manual processes, gain deeper, real-time insight into their customers, and rapidly scale their reach to new markets. Yet, many enterprises are still concerned about how they can participate fully in a digital economy.

China, Japan and South Korea accounted for 70% of transaction volumes.

It was also hit by a 24% YoY hike in jet fuel costs.

Leasing costs are at US$308 psf per year.

It expects to recognise around $1.27b of revenue from China by Q4.

Aerospace sales are poised to grow by 26.2% in 2019.

It is poised to be the largest downstream player in palm oil processing.

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