CCCS okays Tamarind Health’s proposed acquisition of TalkMed

CCCS okays Tamarind Health’s proposed acquisition of TalkMed

[SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare service provider TalkMed Group on Friday (Jun 27). The competition watchdog assessed that the proposed transaction will not substantially lessen competition within the Singapore market. TW Troy, a special purpose vehicle managed by Tamarind Health, proposed to…

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Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility

Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility

[SINGAPORE] Alcon, a Swiss-American pharmaceutical and medical device company specialising in eye care products, opened its expanded manufacturing and logistics facility in Tuas on Friday (Jun 27). This brings its total investment in Singapore to more than US$600 million since opening its first manufacturing site here in 2005. Located in Tuas Biomedical Park, the facility…

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Unilever to pay US$1.5 billion for men’s grooming brand Dr Squatch

Unilever to pay US.5 billion for men’s grooming brand Dr Squatch

The deal was announced earlier this week by all three parties, without disclosing financial details Published Fri, Jun 27, 2025 · 04:28 PM [LONDON] Unilever is paying US$1.5 billion to buy men’s personal care brand Dr Squatch from private-equity firm Summit Partners, the Financial Times reported on Friday (Jun 27), citing sources. The deal was…

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Japan private-sector rice imports soar in May

Japan private-sector rice imports soar in May

Published Fri, Jun 27, 2025 · 03:55 PM [TOKYO] Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache for both consumers and policymakers. Some 10,600 metric tons of so-called staple rice – which is consumed at meals as opposed to rice used for…

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Thailand central bank vows to step in if baht moves are unhinged

Thailand central bank vows to step in if baht moves are unhinged

[BANGKOK] Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy governor said, amid calls from local businesses to temper the currency’s rally to help exports and tourism. “We do look at the baht closely and try not to let it be too volatile,” Piti…

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New Olympics chief calls for ‘protecting’ women’s category amid global trans athlete wave

New Olympics chief calls for ‘protecting’ women’s category amid global trans athlete wave

The new president of the International Olympic Committee (IOC), Kirsty Coventry, addressed the topic of transgender athletes competing in women’s sports at her first official news conference since taking over on Thursday, and said that there is “overwhelming support” by IOC members to protect the female category.  “We understand that there’ll be differences depending on the sport … but…

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HSBC private banking arm names new Apac head of wealth planning

HSBC private banking arm names new Apac head of wealth planning

Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 [SINGAPORE] HSBC Global Private Banking has appointed a new regional head of wealth planning and advisory for Asia-Pacific via an internal promotion. Ann Ling, who currently heads wealth planning for Hong Kong, the Philippines…

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