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Retail 29 Sep 2020 | 7:00 AM

Olam snags US$200mil Sora-pegged club loan

SINGAPORE: Agri-food giant Olam International has obtained Singapore’s first club loan pegged to the Singapore Overnight Rate Average (Sora) from DBS and the Industrial and Commercial Bank of China, Singapore Branch (ICBC Singapore).

Insurance 29 Sep 2020 | 7:00 AM

MyCC imposes fines on Tune unit, 21 other insurers

PETALING JAYA: Tune Protect Group Bhd (TPG) said its unit, along with 21 other general insurance companies in Malaysia, have been found to have infringed Section 4 of the Competition Act 2010 by the Malaysia Competition Commission (MyCC).