News
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31, 2024, a turnaround from its net...
Talent crunch pushing Singapore’s financial sector to rewrite operations playbook to retain staff
In the race for talent, some banks are re-thinking their operating models, or redefining seniority by performance, not tenure AMID high-profile layoffs that have hit some global banks, financial-services...
Singapore’s financial sector looks to internal hiring, reskilling and flexible structures to fill manpower gaps
AMID high-profile layoffs that have hit some global banks, financial-services firms are still grappling with a shortage of good talent. And increasingly, they are looking at hiring from within,...
Oiltek applies to transfer listing to SGX mainboard
The company says the shift could result in better liquidity and improved share performanceVEGETABLE and edible oil engineering process company Oiltek International has applied to move its listing from...
Singapore Exchange veterans leave amid stock market revival push
Several veteran staffers of Singapore Exchange are leaving as the bourse tries to revive its flagging equities business, according to people familiar with the matter.Frieda Choong, who runs the...
Shein faces investor pressure to slash valuation to US$30 billion: sources
FAST-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with the matter, having in the past been valued at more...
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR...
Evergrande, HNA units ordered to liquidate by Hong Kong judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the countryINDONESIA Investment Authority (INA), the country’s first sovereign...
Gold gains as investors eye Trump tariff moves
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald...
