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SIA raises US$500mil in debut USD bond
HONG KONG: Singapore Airlines (SIA) has raised US$500mil in its first US dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel rebound.
Ready to lend a helping hand
TOKYO: Bank of Japan governor Haruhiko Kuroda yesterday reaffirmed the bank’s readiness to expand monetary stimulus if the coronavirus pandemic threatened to derail a fragile economic recovery.
Stronger earnings for Dayang Enterprise this year
PETALING JAYA: Dayang Enterprise Holdings Bhd is poised for a strong earnings recovery this year on the back of a solid order book of RM3.6bil in tandem with the progressive recovery in the sector’s dynamics, says Public Investment Bank Research.
Panasonic Malaysia’s cost-optimisation to augur well
PETALING JAYA: Panasonic Manufacturing Malaysia Bhd’s (PMM) margins are likely to come under pressure in the second quarter of the year on the back of high raw material and operating costs due to stringent standard operating procedures (SOPs).
When to trade bitcoin? When Saturn crosses Mercury, of course
LONDON: Bitcoin seems so flighty, some might argue you may as well consult a crystal ball, read the runes or stare at the stars to divine the direction of the capricious cryptocurrency.
No severe impact of MCO 2.0 on TNB
Reduced imposition will not affect demand too much
NFO earnings resilient, likely to bounce back
PETALING JAYA: The reintroduction of the movement control order (MCO) in several parts of the country will see about half of the numbers forecast outlets (NFOs) shut during that period, but analysts are still positive on the sector.
The week that was - Eco World, Pharmaniaga, LNG, semicounductors
ECO World Development Bhd on Wednesday abandoned merger talks with UEM Sunrise Bhd, as its chairman Tan Sri Liew Kee Sin said the developer is seeking to pursue its own business plan.
Insight - Singapore’s housing party is on. Watch the clock
FROM Munich to Frankfurt, and Toronto to Hong Kong, housing bubbles have either grown bigger through the pandemic or refused to deflate. Singapore’s property, though, is in a sweet spot of affordability, making it a likely target of an investment frenzy.
Shareholders advised to accept Tiah’s buyout offer
KUALA LUMPUR: Minority shareholders in TA Enterprise Bhd (TAE) should accept Datuk Tony Tiah Thee Kian (pic) buyout offer, as it is higher than the company’s prevailing price in the stock market.
