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Singapore goes all in with private sector in infra push

Bloomberg Singapore has been moving forward on its aim to be the lead broker of infrastructure projects in Southeast Asia, and is intent on getting the private sector more involved. Globally, government funding accounts for about 40% of infrastructure spending, but in Asia it’s 90% — an “unsustainable” proportion, Indranee Rajah, minister in Prime Minister Lee Hsien Loong’s office, said ...

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Asia’s top currency helps Thai iPhone retailer lead the world

Bloomberg While Thailand’s surging currency is squeezing exporters, the nation’s largest consumer-electronics retail chain is benefiting as the strong baht attracts customers by making iPhones and Samsung smartphones cheaper. Com7 Pcl’s 72% total return this year through Monday on its stock ranks as the world’s best performance among electronics sellers with a market value of at least $500 million, according ...

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Russian steel giants plan to go online with European sales

Bloomberg As European steel demand comes under growing pressure, two big suppliers to the bloc are betting on online stores to help attract new clients. It may not sound like a groundbreaking plan — Internet shoppers around the world can already order anything from a prefabricated house to a human skull — yet European steel buyers still make most purchases ...

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