Entrepreneurship
Hong Leong Finance sees over 300% growth in EV loans
[SINGAPORE] Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314...
Business Owner Salary: How Much is Too Much?
As a business owner, figuring out how much to pay yourself can be one of the trickiest decisions you face. It’s a balancing act between ensuring you get compensated...
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertaintyPublished Tue, Apr 29, 2025 · 06:51 PM[LOS ANGELES] United Parcel Service reported...
Singapore stocks end lower; STI down 0.2%
[SINGAPORE] Stocks on the local bourse closed slightly lower on Tuesday (Apr 29) after US President Donald Trump’s administration said it will move to reduce the impact of his...
IHH Healthcare signs S$300 million sustainability-linked loan with UOB
[SINGAPORE] Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its ongoing commitment to add and uphold sustainable practices across its operations.“As...
Porsche’s Q1 profit margin plunges on China weakness, US tariffs
Published Tue, Apr 29, 2025 · 03:24 PM[FRANKFURT] Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter,...
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg expects between 1% and 5% growth in organic operating profit for the current yearPublished Tue, Apr 29, 2025 · 02:52 PM[COPENHAGEN/LONDON] Danish brewer Carlsberg on Tuesday (Apr 29)...
Business Structure Showdown: LLC vs. Going Solo
When starting a business, one of the first big decisions you’ll face is choosing the right business entity. Should you go solo as a sole proprietor or form a...
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Published Tue, Apr 29, 2025 · 01:46 PM[STOCKHOLM] Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit...
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
Published Tue, Apr 29, 2025 · 12:35 PM[HONG KONG] HSBC launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday due...
