Olam secures US$1.85 billion loan

Olam secures US.85 billion loan

The first tranche is a US$1.6 billion conventional loan, while the remaining US$250 million will be issued as an Islamic loan [SINGAPORE] Agribusiness giant Olam has secured a US$1.85 billion loan for general corporate purposes, said the company on Friday (May 30) via a bourse filing. The loan, which was taken by Olam Agri –…

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MacDermid Alpha Electronics Solutions expands Singapore production facility

MacDermid Alpha Electronics Solutions expands Singapore production facility

[SINGAPORE] Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production facility in Tuas. The expansion aims to scale up the production of Agromax – its flagship silver sintering paste, which is used for bonding electrical components and creating electrical connections. In response to media queries, Tom Hunsinger,…

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The Billionaire Hoarders: How the Wealthy Became Our Biggest Threat

The Billionaire Hoarders: How the Wealthy Became Our Biggest Threat

For out of this modern civilization economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things.… It was natural and perhaps human that the privileged princes of these new economic dynasties, thirsting for power, reached out for control over Government itself. FDR took on those “economic royalists” and defeated…

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Lawmakers No Longer Understand the American Family

The fix has been in, for a long time, in favor of those who marry and have children. In times past, this was just a temporary irritant, since most people indeed ended up marrying (in their early 20s, back in 1970) and having a family. But that family prototype is no longer dominant—and all indications…

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Joint venture by Boustead Projects’ unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site

Joint venture by Boustead Projects’ unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site

The site is the first under the Industrial Government Land Sales Programme to be awarded with an additional three years of lease [SINGAPORE] A joint venture of Boustead Projects’ wholly owned subsidiary was awarded a tender by JTC Corporation on Friday (May 30) to develop an industrial facility on a land parcel under the Industrial…

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