The Straits Times
Singapore firms payment performance improves slightly in Q1
Occurrences of prompt payment in the first quarter of 2021 rose 1.21 percentage points to 42.5 per cent.ST PHOTO: CHONG JUN LIANG
Ong Sing Yee
https://str.sg/JCEM
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SINGAPORE - Asean has become more important to China economically and there are opportunities to be had for the regional grouping as China grows.
But Singapore and South-east Asian countries need to be more humble when doing business with China, economist Tan Kong Yam said on Monday (April 5) at a forum on China s parliamentary sessions in March and its 14th five-year plan.
This is because while China s coastal regions have developed high technology, including artificial intelligence, South-east Asian countries, including Singapore, still lack top-rate technology in these areas.
As China climbs the technology ladder, firms in South-east Asia should strive for complementary development with China s mid-level tech firms, he said, adding that China and South-east Asia have many areas of complementarity.
SINGAPORE (THE BUSINESS TIMES) - The Trendlines Group announced on Monday (April 5) its proposal to seek a dual primary listing on Israel s Tel-Aviv Stock Exchange (TASE).
The medical and agrifood technology investment company also said it plans to raise more capital with a public offering of new securities in conjunction with the listing. Trendlines expects at least 70 per cent of these securities to be subscribed by institutional investors.
According to the company, institutional investor interest is growing in technological companies listed on TASE.
There have been more than 40 initial public offerings on TASE in recent months, Trendlines added. To the best of the company s knowledge , TASE is expecting as many as 70 IPOs for the first half of this year.