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Showing posts from March, 2012

Investor rush into Myanmar bears little fruit

Sanctions, capital curbs, untested legal arena hold back foreign businesses

Singapore's Temasek: evolution not revolution

Temasek Holdings, the smaller but more visible of Singapore's two sovereign funds, is moving into a new phase with its investment strategy, and could look more like Blackstone Group , another $160 billion institution, which has grown from a focused private equity firm to a global asset manager.

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New Indonesia law irks foreign investors

Foreign investors are bemoaning a new law in Indonesia that strips them of control over mining assets, the latest in a rash of regulations that reflect what they see as growing ‘resource nationalism’.

RWS gets licences for 2 junket operators

Twelve other applications rejected, reflecting the government’s stringent standards

Olam sees limited downside for arabica coffee futures prices

Singapore commodity firm Olam International sees limited further downside to ICE arabica coffee futures prices, with global supply and demand expected to be balanced until mid-2013, its managing director of coffee said yesterday.

Chaswood shares up 5% in trading debut

Shares of Malaysian-based casual dining operator Chaswood Resources Holding were robust in their trading debut on the Singapore Exchange (SGX) Catalist yesterday.

Chaswood begins trading on SGX today

A Malaysian restaurant operator that aims to be the leading casual dining player in South-east Asia by 2015 begins trading on the Singapore Exchange today with shares issued at 30 cents a share.

Daim’s son takes $4m stake in Asiasons WFG

Mohd Wira Dani Bin Abdul Daim, son of former Malaysian finance minister Daim Zainuddin, is making a $4 million investment in Singapore-listed Asiasons WFG Financial.

Why I Am Leaving Goldman Sachs

Today is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.

Goldman manifesto echoes past questions about bank

The young banker whose dramatic public resignation stung Goldman Sachs this week joins officials from every corner of the government in questioning whether the august investment house deals honestly with all its clients.

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Departing Goldman banker slams ''rip-off' culture

Goldman Sachs faced an unprecedented assault from one of its own on Wednesday after a banker published a withering resignation letter in the New York Times, calling the Wall Street titan a "toxic" place where managing directors referred to their own clients as "muppets."

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See Hup Seng to build $27m chemical hub

Construction work will begin towards year-end, and the hub is expected to be completed and operational in 2015

IIFL lays off 11, suspends trading, research ops

Singapore’s first Indian broker is suspending its securities trading and research operations here, just over a year after joining the exchange.