Northrop aims to pitch drone sales to Singapore
Northrop Grumman Triton MQ-C4 Drone (13 Feb.) U.S. defense contractor Northrop Grumman Corp. hopes to pitch its high-altitude military drones to Singapore to help the city-state better monitor air and sea traffic at the Strait of Malacca, one of the world's busiest trade corridors. The 500-mile Strait of Malacca, a channel...
Neither SG nor HK is an Iceland waiting to happen
(14 Feb) Despite predictions of disaster befalling the two Asian cities, they are far healthier financially than the Nordic island before its economic crisis. Thank you to the reader who pointed me towards the recent Forbes article warning that "Singapore's economy is heading for an Iceland-style meltdown". It's a scary...
Temasek to sell stake in Shin Corp to SingTel?
(17 Feb Reuters) - Singapore state investor Temasek Holdings Pvt Ltd TEM.UL is seeking to sell its $3.1 billion stake in Thai telecom company Shin Corp INTUCH.BK, according to people familiar with the matter, and has approached its SingTel (STEL.SI) unit as a possible buyer. Temasek, which owns 41.6 percent of Shin Corp through...
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