Business
With medical costs under the microscope, IHH Healthcare group CEO continues to eye expansion
As IHH Healthcare looks to streamline its operations and expand in its current markets, it is also keeping its eyes peeled for…
Tag
costs
Business
Surging UK shipping costs threaten to deliver a new price shock
The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer…
Business
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Business
Assisted living in Singapore: Companies face steep costs, but innovation is still possible
Assisted living facilities – which enable elderly folk to live semi-independently with elderly-friendly amenities and care services – are…
Business
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus,…
Business
Malaysia’s oil giant Petronas looks abroad to help cut production costs
Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad…
Business
Eating out loses its bite; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for eating out amid high rental rates and operating costs, analysts say…
Business
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
Business
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Business
Japan’s top banks said to mull joint ATM operation to cut costs
Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said…
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
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
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to…
Unsorted
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
Unsorted
Venice's entry fee for day-trippers now costs double
Visitors to the Italian city of Venice are now required to pay an entry fee of up to €10 ($11.37) to visit the city for a day, double the…
Business
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it…
Business
Sinarmas Land’s H2 net profit drops 5.5% to S$154 million on lower revenue, higher costs
Sinarmas Land reported a 5.5 per cent drop in net profit to S$154 million for the half-year ended Dec 31, 2024, from S$163 million in the…
Unsorted
IEA recommends Germany optimise electricity system to reduce costs
A new Energy Policy Review from the International Energy Agency (IEA) suggests that enhancing the efficiency and resilience of Germany’s…
Business
EY Future Consumer Index Reveals Dramatic Shifts in Shopper Behavior Amid Inflation and Rising Costs
Shoppers and brands now operate according to completely new principles in a consumer environment that is undergoing rapid transformation.…
Business
PSA International FY2024 net profit falls 25% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
Far East Orchard H2 net profit down 29.4% on lower fair value gains, higher costs
HOSPITALITY and student housing player Far East Orchard’s net profit fell 29.4 per cent to S$40.7 million for the six months ended Dec 31,…
Business
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a…