TR EMERITUS

Reuters reported (2 Aug) that Chinese P2P lending platform Dianrong has raised US$220 million from our GIC and other investors. GIC, of course, helps to invest our CPF money all over the world. Dianrong said it will use the funds to automate some of its new branches across China, for research and development as well as any potential... 

Bloomberg reported last month (11 Apr) that the China-Myanmar 770km oil pipeline has just opened. A tanker with a capacity of 1 million barrels of crude oil, began offloading oil at Myanmar’s Kyaukpyu port on 10 Apr, before sending it through the pipeline. China’s crude imports rose almost 14 percent last year, the fastest...