Entrepreneurship
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.The decline was due to the absence of...
TikTok restructures trust and safety team, lays off staff in unit: sources
The layoffs began the same day for teams in Asia and Europe, Middle East and AfricaTIKTOK is laying off global staff at its trust and safety unit which handles...
Airbus sets modest 2025 jet delivery goal amid supply snags
AIRBUS struck a cautious note for this year, with an aircraft delivery target that’s at the low end of analysts’ estimates while trade tensions and an ailing space business...
KKR wins control of US$4.4 billion Fuji Soft after clash with Bain
The scramble to take Fuji Soft private is rooted in the value of the software company’s trove of human resources and real estate KKR has secured enough shares of Fuji...
Singapore, Malaysia, Thai Wellness Real Estate a Compelling Story for Investors
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health and wellness industries, said a report by CapitaLand Investment...
Complex AI chips will drive demand for Lam Research chipmaking tools, CEO says
LAM Research chief executive Tim Archer said on Wednesday (Feb 19) that the thirst for complex artificial intelligence (AI) silicon will push the likes of Taiwan Semiconductor Manufacturing Company (TSMC)...
Singapore shares open lower on Thursday; STI down 0.4%
SINGAPORE stocks declined on Thursday (Feb 20) morning, tracking overnight losses in European markets.
As at 9.01 am, the Straits Times Index (STI) opened 0.4 per cent or 14.07...
Former manager at DBS Bank admits cheating 4 clients of S$348k
A WEALTH planning manager with DBS Bank cheated four of his clients of S$348,000 in total by duping them into investing in fictitious fixed deposits with “attractive terms”.Pang Yuheng,...
Stocks to watch: Seatrium, SingPost, Sasseur Reit, CSE Global, United Hampshire US Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 20).
Seatrium: It announced on Thursday that its offshore jack-up designer, Seatrium Offshore...
Sasseur Reit posts 0.1% rise in H2 DPU to S$0.02929 on resilient rental income
THE manager of Sasseur Real Estate Investment Trust (Reit) on Thursday (Feb 20) posted a distribution per unit (DPU) of S$0.02929 for the second half ended December, up 0.1...
