Entrepreneurship
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 stocks rise on Monday; STI climbs 0.7%
Property developer Hongkong Land is the top gainer on the index, while Yangzijiang Shipbuilding fell the mostSINGAPORE equities ended Monday (Feb 17) in the black, amid largely positive regional...
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...
Marina Bay Sands gets record S$12 billion loan amid tourism boom
The loan will be used for refinancing and to fund the expansion of the company’s integrated resortMARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a...
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter,...
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress, Star saysSTAR Entertainment Group received a potential lifeline from alternative asset manager Oaktree Capital...
HSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital...
China slows rather than halts copper smelting’s breakneck growth
THE Chinese government is getting serious about constraining the blind expansion of copper smelters, although its new policy is likely to pause rather than stop development.Eleven ministries signed an...
