Entrepreneurship

China Aviation Oil confirms Sinopec merger with parent CNAF
State administrators have given the nod for the merger following deliberation, says CAO[SINGAPORE] The parent company of China Aviation Oil (CAO) will merge with Chinese state-owned oil and gas...
Subsidiaries of Dasin Retail Trust manager receive court summonses over Companies Act breaches
Charges involve failing to hold AGMs and lodge financial results for FY2022 and FY2023[SINGAPORE] Four subsidiaries of Dasin Retail Trust’s trustee-manager have received court summonses over breaches of the...
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
[SINGAPORE] Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian shipping companies.The deal – to buy...
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills[SINGAPORE] Kelvin Chiang knew the five agentic AI models built by his team...
UI Boustead said to seek US$700 million Singapore IPO in March
The real estate investment trust unit of Boustead Singapore will begin taking investor orders as soon as next month[SINGAPORE] UI Boustead Reit is gearing up for a listing in...
To be a wealth hub, Singapore must accept risk of rogue actors: Chee Hong Tat
MAS deputy chairman wants the Republic to be a place where entrepreneurs would bring their capital and talent[SINGAPORE] To achieve the goal of becoming a wealth management hub, Singapore...
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
[NEW YORK] The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a...
S-Reits post strongest returns since 2019 with 22.9% gain: Morningstar
[SINGAPORE] Rate cuts and solid property fundamentals propelled Singapore real estate investment trusts (Reits) to their best showing since 2019, said Morningstar on Thursday (Dec 8). While the 22.9...
Chinese teahouse chain Chagee is said to explore Hong Kong listing
[HONG KONG] Chinese tea chain Chagee Holdings is considering a listing in Hong Kong, according to sources familiar with the matter, joining a rush of firms being drawn to...
Chinese tech firms rise in Hong Kong debut as US-China tech race heats up
The trio’s performance will help gauge whether Hong Kong can extend last year’s IPO resurgence[SINGAPORE] Three Chinese technology firms debuted higher on Thursday (Jan 8) after raising a combined...
US oil companies say they need guarantees to invest in Venezuela: FT
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets,...
Asia bankers fear US scrutiny of loans involving chips, China
The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swiftSOME bankers in Asia are starting to worry about financing deals that would...