Anti-China riots hit 2 SG industrial parks in Vietnam
(CNN, 14 May) - Anti-Chinese protests in Vietnam have turned violent with demonstrators setting on fire a number of factories in a southern Vietnamese industrial park. Properties in the Vietnam-Singapore Industrial Parks (VSIP) I & II in Binh Duong were targeted Tuesday by thousands of protesters demonstrating over China's...
Why global growth rebound isn’t keeping SIA aloft
(9 May) The global economic recovery may be taking hold, but it hasn't translated into earnings at Singapore Airlines (SIA) as supply is outpacing demand, the carrier told CNBC. "The developed economies are recovering. We do see, for example, in Europe and the U.S., recovery in demand for travel," said the carrier's CEO...
GIC leads $170M investment in Brazil’s sports goods e-retailer
(6 May) Brazilian online sports goods retailer Netshoes has received a new round of $170 million investment led by Singapore's sovereign wealth fund GIC. Other investors include Tiger Global Management, Singapore state investor Temasek Holdings, Iconiq Capital and Kaszek Ventures, GIC said in a statement. Netshoes is the...
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