Business
Thailand and Indonesia could be growth laggards in Asean: Nomura
Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the…
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Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
Semiconductor maker Frencken will invest S$63 million to build a new and larger five-storey manufacturing facility in Kaki Bukit. The new…
Business
Grand Venture Tech’s Q1 after-tax net profit up 27.7% to S$2.6 million
Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6…
Business
Temasek’s Mapletree Investments returns to profit, hits record AUM of S$80.3 billion in FY2025
Temasek’s Mapletree Investments reversed a loss from the previous year to turn a profit of S$227.2 million for the full-year ended Mar 31,…
Business
Huda Kattan Takes Full Ownership of Huda Beauty
Just a year after re-assuming her role as chief executive officer, Huda Beauty founder Huda Kattan is tacking on “owner” to her title,…
Business
GAC launches in Ethopia with emphasis on NEV ecosystem
China-based GAC International has held a brand launch event in Addis Ababa, capital of Ethiopia, officially announcing its "Ethiopia…
Business
Asean power grid could unlock 25 GW of renewable capacity, lowering Singapore’s electricity costs: Rystad Energy
A regional power grid that allows for electricity trade between Asean nations, if fully realised, could unlock up to 25 gigawatts (GW) of…
Business
The privatisation offer for this small Catalist company could cause SGX some discomfort
Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player…
Business
The Future of Warfare Is Here
And it features low-cost drones basically indistinguishable from ones available on Amazon. Source link
Business
Singapore stocks climb on the prospects of Trump-Xi talks this week; STI up 0.1%
Gainers beat losers 313 to 192 with 1.1 billion securities worth S$1.3 billion changing hands Local stocks ended Tuesday (Jun 3) higher as…
Business
Ascott, Frasers Hospitality expand footprint in Asia
Lodging sector players Ascott and Frasers Hospitality issued separate statements on Tuesday (Jun 3) announcing their expansion in Asia…
Business
Protect investors, but give private market fund managers flexibility, industry players tell MAS
The transparency of private market funds, the amount they charge in fees, and the methods of valuation were among key points raised in the…
Business
Julius Baer focuses on costs as CEO sets ‘realistic’ goals
The Zurich-based wealth manager will seek 130 million Swiss francs (S$205 million) in cost reductions to 2028 US Baer is stepping up its…
Business
Julius Baer’s new goals fail to impress in setback for CEO
Julius Baer Group unveiled fresh targets aimed at cutting costs and setting the Swiss wealth manager on the road to better profitability,…
Business
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
Business
Germany approved €485m in arms exports to Israel since October 2023
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric…
Business
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger…
Business
HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
An accelerating fall in the price of air tickets from recent high levels is the biggest challenge at Cathay Pacific’s budget arm HK…
Business
EXCLUSIVE: Vaginal Microbiome Company Evvy Launches Its First Supplement
Evvy is entering the supplement game. Tuesday, the vaginal microbiome company, known for its test-to-treatment offerings, is launching its…
Business
Obermeyer’s New CEO Sets Sights on Female Hunters and Anglers
At 105 years old, it was time for Klaus Obermeyer to pass the reins of his business to someone else. Since starting Sport Obermeyer in…
Business
EXCLUSIVE: The Lede Company Acquires Heather Leeds Greenfield’s Element Brand Group
The Lede Company — a full-service communications, marketing and consulting firm in Los Angeles and New York — has acquired brand…
Business
Asia: Markets rise as traders eye possible Trump-Xi talks
Asian stocks rallied on Tuesday as investors kept tabs on developments in the China-US trade war amid speculation the countries’ leaders…
Business
Frasers unit to buy S$48 million Yishun cinema complex from Golden Village
A wholly owned subsidiary of Frasers Property has agreed to buy a cinema complex in Yishun Central from Golden Village Multiplex and lease…