ZADC
Debt issues emerge for Singapore’s small construction firms
A recent Bloomberg report highlighted that small construction firms in Singapore are likely to face more difficulties repaying debt as a clampdown on property speculation worsens their already tight liquidity. The overall economy in the Island Republic grew at a slower pace in the second quarter than initially projected... Read more
Tabung Haji not selling TRX land
In response to speculation by certain quarters, the Malaysian hajj pilgrims fund board Tabung Haji has indicated that it will not sell the Tun Razak Exchange (TRX) land that it purchased from 1Malaysia Development Bhd (1MDB). A Bernama report quotes Tabung Haji chief executive officer Datuk Johan Abdullah as... Read more