Singapore

OCBC mulls issuing US$1b covered bonds

The bonds will be issued in the summer.

Why Singapore's businesses must double-down on due diligence and corporate compliance

In a time of universal deceit, according to Orwell, telling the truth is a revolutionary act. In today's business environment, truthful business is no longer a revolutionary act, but is a necessary component of responsible and sustainable business practice.

Undesirable lending practices uncovered at some local banks: MAS

Credit underwriting standards need to be improved.

Ageing gracefully with assurance

Most Singaporeans can expect to live longer than their previous generations, thanks to continuing improvements of standards of living over the years. For example, the life expectancy for females was 70.1 years in 1963, and has increased to 84.6 years in 2013, and is expected to extend to 88.8 years in 2033.

Sembcorp launches $4.23b power complex in India

It houses two 1,320-megawatt coal-fired plants.

HPL’s net profit dips 34.4% to $81.7m in FY15

Due to low property development revenue.

Bank lending drops in January on back of weak business loan demand

Lending to most business sectors dropped in January.

Olam crashes into the red with $221.3m FY15 net loss

It was slammed by a massive one-off charge.

ThaiBev’s FY15 earnings surge 22% to $1.05b

Thanks to a boost from its Myanmar Brewery disposal.

Daily Markets Briefing: STI up 1.7%

Don't expect strong gains today.

1 in 4 jobs will be snatched by automation in the next three years

Nearly half of employers (48%) in the Asia Pacific region think that they will need fewer employees.