Singapore’s Purchasing Manager’s Index remains in the expansion territory in May at 50.8. The reading was however 0.3 point lower than April’s 51.1. Contraction in employment and lower stock-holding of finished goods were the factor behind the slower pace of expansion. Frasers Centrepoint has proposed to acquire ASX-listed Australand Property Group for cash consideration of [...]
Created by Collin Seow | Jul 28, 2014