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29.01.26 - 08:15
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Research: UOB Kay Hian Downgrades CHINA OVS PPT to Hold, Slashes TP to HKD4.3 (AAStocks)
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UOB Kay Hian has released a research report predicting that CHINA OVS PPT (02669.HK) will report a YoY drop of 9.5% in the 2025 net profit attributable to shareholders, given that pressure on gross margins, continued weakness in engineering services, and deteriorating collection conditions will have offset revenue growth.Based o......
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15.12.25 - 09:02
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Indian tourists among biggest spenders on luxury goods in Singapore (Times of India)
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Indian tourists are significantly boosting Singapore's luxury retail sector, helping it buck a global downturn. Their substantial spending, coupled with longer stays, fuels growth in premium goods, dining, and attractions. This trend, also supported by Chinese and Indonesian visitors, positions Singapore for a projected 7-9% rise in luxury sales this year, outperforming regional competitors....
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30.10.25 - 17:01
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Wilmar International Posts Q3 Loss (AFX)
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WASHINGTON (dpa-AFX) - Wilmar International Ltd. (WLMIF.PK) Thursday reported third-quarter net loss of $357.2 million, compared to net income of $208.1 million last year.Core net profit for the q......
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27.10.25 - 20:18
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Asean CEOs Turn ESG Into a Business Edge (Bloomberg)
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Shinta Widjaja Kamdani, CEO of Sintesa Group, and Sunny Verghese, Executive Director, Co-Founder & Group CEO of Olam, discussed how to transform ESG from a compliance requirement into a strategic business advantage at the 2025 Bloomberg Business Summit ASEAN in Kuala Lumpur. In conversation with Bloomberg's Avril Hong, they explored how Southeast Asian companies can integrate ESG to drive long-term growth and strengthen global competitiveness. (Source: Bloomberg)...
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25.09.25 - 15:06
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Crop Trader Wilmar Says Indonesian Court Overturns Acquittal (Bloomberg)
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Asian food titan Wilmar International Ltd. said the Indonesian Supreme Court quashed the acquittals of three major palm oil groups in an export case, several months after the company was forced to hand over 11.9 trillion rupiah (about $729 million at the time) as a security deposit ahead of the ruling....
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13.09.25 - 00:12
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Will Open Stores in South Korea, Singapore: Chipotle CEO (Bloomberg)
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Chipotle Mexican Grill Inc. is venturing into Asia for the first time, with plans to open locations in South Korea and Singapore in 2026. Chief Executive Officer Scott Boatwright tells Romaine Bostick and Katie Greifeld on "The Close" he expects international markets to become the next layer of growth beyond North America that'll support the brand in the long term. (Source: Bloomberg)...
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