Contracts
Tritech Group secures $6.8 mil contract from PUB to install dam monitoring instruments in reservoirs
SINGAPORE (Jan 17): Specialist engineering services company Tritech Group has bagged a contract worth $6.8 million from the Public Utilities Board (PUB).
Banking & finance
Morgan Stanley plans to hire dozens for Asia wealth buildup
SINGAPORE (Jan 17): Morgan Stanley plans to add dozens of staff at its wealth business in Hong Kong and Singapore this year, signaling its confidence in the world’s fastest-growing region when it c
US-China trade war
China and US sign initial trade pact, but doubts and tariffs linger
(Jan 17): China will boost purchases of US goods and services by US$200 billion ($269 billion) over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by
In print this week
SGX RegCo proposes tighter oversight on auditors and property valuers
SINGAPORE (Jan 17): The Singapore Exchange Regulation (SGX RegCo) is seeking market feedback on several proposals to strengthen the oversight of audits of locally listed companies.
Gold
Gold prices hit seven year high, set to shine brighter amid uncertainties
SINGAPORE (Jan 17): In the second half of last year, investors sought refuge in safe haven assets as macroeconomic uncertainties and market turmoil continued.
Results
BreadTalk Group to sink into the red for FY2019
SINGAPORE (Jan 16): BreadTalk Group, one of the biggest Singapore food and beverage names, is likely to report a loss for the financial year ended Dec 31 2019.
