ST Engineering unit to issue US$750 million 4.25% notes due 2030

ST Engineering unit to issue US0 million 4.25% notes due 2030

They will be issued under the company’s S$5 billion global medium-term note programme [SINGAPORE] A wholly owned subsidiary of Singapore Technologies Engineering (ST Engineering) has priced US$750 million in five-year notes with a 4.25 per cent fixed-rate coupon. The notes are expected to be issued on May 8, and will mature on May 8, 2030,…

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Ferrari unveils 400,000 euro hybrid supercars for collectors

Ferrari unveils 400,000 euro hybrid supercars for collectors

[Maranello, Italy] Ferrari unveiled new special editions of its best-selling sports car, the 296, in a bid to extend the life of the model and cash in on an incremental boost in performance. The 296 Speciale coupé will start at 407,000 euros (S$607,180), with deliveries commencing in the first quarter of next year, Ferrari said…

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Coca-Cola results beat estimates on price hikes, demand surge

Coca-Cola results beat estimates on price hikes, demand surge

[ATLANTA] Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from price hikes and enjoys strong demand for its sodas, juices and milk offering Fairlife. The Sprite and Fanta maker also maintained its full-year organic revenue and comparable profit forecasts, unlike PepsiCo and Procter &…

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Starhill Global Reit Q3 NPI inches up 0.5% to S$37.9 million

Starhill Global Reit Q3 NPI inches up 0.5% to S.9 million

THE manager of Starhill Global real estate investment trust (Reit) posted a net property income (NPI) of S$37.9 million for Q3 FY2025 ended Mar 31, up 0.5 per cent from S$37.7 million in the previous corresponding period. The slight increase in NPI was mainly driven by appreciation of the Malaysian ringgit against the Singapore dollar…

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Hong Leong Finance sees over 300% growth in EV loans

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 million in 2024. Besides EV loans, HLF also saw a more than 300 per cent increase in vehicle loans processed digitally, from S$99 million in 2023…

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Business Owner Salary: How Much is Too Much?

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 for your hard work and keeping your business financially healthy. This article will break down various aspects of business owner pay calculation to help you navigate…

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