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Company in the news
China slaps Alibaba with RMB 18.2 billion fine in monopoly probe
The Chinese government has fined technology giant Alibaba Group RMB18.2 billion yuan ($3.73 billion), according to a statement posted on the website of China’s State Administration for Market Regul
April 10, 2021
New appointments
GuocoLand's group president & CEO Choong Yee How retires; Cheng Hsing Yao to take over
Choong Yee How, the director, group president and CEO of GuocoLand will be retiring on June 30.
April 09, 2021
Company in the news
Nanofilm purchases property on Tai Seng Drive for $30 mil
Nanofilm Technologies International has exercised an option to purchase the property located at 11 Tai Seng Drive, Singapore for a consideration of $30.38 million.
April 09, 2021
SEMICONDUCTOR
TSMC quarterly sales rise 17% after surge in chip demand
Taiwan Semiconductor Manufacturing Co. reported a third straight quarter of record sales, underscoring its lead as the world’s No.
April 09, 2021
Banking & finance
DBS to cut office space in MBFC
DBS Group Holdings Ltd. is poised to trim office space in Singapore, the latest bank to pare its footprint in the city-state during the coronavirus pandemic.
April 09, 2021
New appointments
UOB appoints Eric Lim as its first Chief Sustainability Officer
United Overseas Bank (UOB) has appointed Eric Lim as its first Chief Sustainability Officer (CSO), the bank announced in a news release dated April 9.
April 09, 2021