Tag: singapore

Singapore's GIC Pte Ltd has purchased a 16% stake in Sunway Healthcare Holdings for RM750 million through its indirect arm Greenwood Capital. The investment involves acquiring shares in Sunway City and subscribing to Sunway Healthcare shares, marking a significant healthcare sector investment. - EXCERPT: Captures the core information, main parties, transaction value, and investment context - Maintains SEO best practices of being informative, precise, and keyword-focused

GlobalFoundries is investing US$6 billion in new semiconductor manufacturing facilities, with a primary focus on Singapore. The expansion aims to address ongoing global chip shortages affecting industries like automotive and consumer electronics, while responding to strategic manufacturing priorities.

Singapore and Vietnam are moving forward to strengthen their digital economy collaboration. Foreign Affairs Minister Vivian Balakrishnan met with Vietnamese counterpart Bui Thanh Son to discuss joint initiatives and facilitate bilateral economic engagement in the digital sector.

HSBC and the Climate Bonds Initiative reveal ASEAN's sustainable finance market's resilience, with Malaysia's green bond and sukuk market reaching US $2.6 billion. The region is positioning itself as a key sustainable finance center, emphasizing green investment strategies despite pandemic challenges.

Singapore's economy showed resilience in the first quarter of 2021, with a 1.3% growth according to the Ministry of Trade and Industry. Despite ongoing global economic challenges from the pandemic, the country's economic performance remains promising, with a full-year forecast expected to be reviewed in August.

Singapore's non-oil domestic exports (NODX) increased by 6% in April, slower than March's 11.9% growth. Electronic exports rose 10.9%, supported by strong semiconductor demand and increased shipments of computers, diodes, and semiconductors. Petrochemicals and basic chemicals also showed significant growth.