BW LPG’s third-quarter gas-trading result tops entire first half
The Singapore group’s third-quarter realised trading result contributed about 56% of its nine-month total; estimated division net profit was US$118m.
Southeast Asia Connect
News
Named and dated developments across Southeast Asia.
RE Royalties invests US$1.5m for share of Philippine rooftop-solar revenue
Nine operating mall-rooftop projects totalling 14.2MW will provide quarterly revenue-linked payments over their operating lives.
Keppel REIT’s proposed S$611m office deal includes seller-backed income
Seller support would protect about S$2.23m in monthly income for the trust’s stake as South Central leases up; the arrangement can last up to five years.
Skylink raises S$5 million for commercial-vehicle financing
The fully subscribed bond issue funds its hire-purchase business; additional lending and a loan book above S$100 million remain company projections.
Singapore expands tech internships as AI changes entry-level work
Bridge2Tech targets 3,000 placements over three years, giving students 10–12 months to work on substantial projects with experienced colleagues.
Malaysia’s NMS Robotics orders 80 robots for vehicle painting
The RMB23.84 million order includes installation, operator training and after-sales support, marking the supplier’s first Malaysian order.
Philippine lender Salmon adds US$90m commitments and US$50m bond proceeds
The financing will support existing credit products and planned nationwide expansion of motorcycle and small-business lending.
Singapore plans haze notices for three more Indonesian concession holders
NEA intends to seek firefighting measures, cessation of burning and action plans from three companies linked to concessions in Kalimantan.
Singapore wage recommendations distinguish profitable and loss-making employers
Employers planning December pay rises for workers earning gross monthly wages of up to S$2,800 receive different recommendations based on business performance and outlook. Existing wage obligations still apply.
Alstom secures about €800m first Hanoi train order under Vingroup agreement
The first tranche gives the earlier agreement a disclosed order value. The trains will be designed and built in France, with booking due in Alstom’s third quarter of fiscal 2026/27.
Indonesia cuts share-price down limit to 7% as sell-off tests market
The exchange has narrowed the daily fall allowed for shares priced above Rp10. Brokers and investors now work within a 7% lower order-price band; MSCI’s classification decision remains pending.
Singapore-based Vertex leads RapidCanvas’s US$29m funding round
Vertex Ventures SEA & India backs a business combining AI software with field engineers. US$29 million is the total Series B round; Vertex’s individual contribution was not disclosed.