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Global Logistic Properties to seek offers by next month

  Bloomberg Global Logistic Properties Ltd. has begun formally reaching out to potential bidders for the $7.8 billion industrial property owner, people with knowledge of the matter said. The Singapore-based company sent out an information letter to targeted bidders at the end of last month and has asked for first-round offers by early February, according to the people. GLP attracted ...

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Chinese businessman taps used mobile phone market in country

  Bloomberg Millions of toxic smartphones end up in landfills around the world each year. Kerry Chen — founder and chief executive officer of Shanghai Yueyi Network Co — thinks he can change that, starting with China — one of the worst offenders. With Chinese consumers hardly the biggest proponents of recycling, whether it’s cars or banquet leftovers, Chen reckons ...

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Singapore to deliver new growth map with economy under strain

  Bloomberg Singapore is due to deliver a blueprint outlining strategies to boost the economy as the export-dependent nation seeks new growth engines. The Committee on the Future Economy will publish its recommendations in a few weeks time, Prime Minister Lee Hsien Loong said in his New Year Message, days before the government reported that growth slumped to a seven-year ...

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