Lazada will set up a fund to provide employment and employability support for affected staff. Read more at straitstimes.com.
Frasers Property notes ‘volatile’ business environment despite signs of inflationary pressure easing in 1QFY2024 update
Frasers Property (FPL) stressed that it will develop and operate its business where it has “local platform capabilities” in its business update for the 1QFY2024 ended Dec 31, 2023. According to its ...
Almost 40% of Singapore business execs do not trust their financial data: Survey
Business leaders identified human error and reliance on manual processes as the main reasons behind their skepticism.
Who is Philip Chan, the ‘politically significant person’ against whom Singapore has invoked its foreign interference law?
Philip Chan Man Ping, a Hong Kong-born businessman active in local community organisations, believed in uniting overseas Chinese to tell China's story. "It is our duty as overseas Chinese to tell ...
Singapore banking titan Wee Cho Yaw dies at 95
UOB chairman emeritus Wee Cho Yaw, the billionaire businessman that is one of the most famous names in Singapore’s banking industry, has passed away at the age of 95. Read more at The Business Times.
Electrolux to close Singapore regional office, relocate leadership team to Bangkok
SINGAPORE: Swedish home appliances maker Electrolux is closing its Singapore regional office at Rochester Road and laying off employees. The company said on Friday (Feb 2) that its Asia-Pacific (APAC ...
Your next plane ride could be powered by used cooking oil. Here’s how a refinery in Singapore is already helping to make it happen.
Why Singapore is the right place for SAF The fact that Singapore ... And for Jauhaianen, the motivations go beyond just business reasons. "As a father of three young children, I strongly believe that ...
Singapore Manufacturing Activity Expanded Further in January
Singapore's manufacturing sector stretched its run of growth to a fifth straight month, a key gauge showed, hitting ...
Singapore factory activity continues to pick up, cautious optimism for 2024
SINGAPORE – The manufacturing sector continues to pick up ... January’s overall PMI reading was attributed to a faster expansion of new orders, new exports and input purchases. Faster expansion rates ...
Singapore court gets tough on rhino horn smuggler
Now, a Singapore court has sent the man who transported the horns to jail for two years. This is the maximum term allowed for the offence under the law that was in effect at the time of the seizure ...
GSA Negotiations with Singapore are Slow, Conrad Asia’s Investment in Mako Field is Hampered
ASIATODAY.ID, JAKARTA - Conrad Asia Energy Ltd (ASX:CRD) confirmed that the final investment decision (FID) for the Mako Field will ...
Crypto exchange set up by Three Arrows co-founders to shut down
OPNX, created for the trading of bankruptcy claims, will shut down after a little over a year in operation. Read more at straitstimes.com.
CapitaLand Ascendas REIT delivers DPU of 15.160 Singapore cents for FY2023
FY2023 net property income grew 5.6% year-on-year to S$1,023.2 million. This was underpinned by contributions from acquisitions completed ...
Singapore’s DBS to merge capital markets and brokerage with treasury markets
Singapore's largest lender DBS Group said on Friday it will merge its equity capital markets, brokerage and digital exchange with its existing treasury markets business, with the new group renamed ...
Singapore’s corporate tax takings in first 9 months of FY23 almost at full-year estimate
IN THE first nine months of the fiscal year, Singapore’s corporate income tax receipts have almost reached the full-year estimate, with overall operating revenue also ahead of the pace, data from the ...
Singapore court denies 3AC’s dismissal request in crypto lawsuit against DeFinance Capital
The High Court of Singapore has dismissed an application by the now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) to throw out a lawsuit ...