Entrepreneurship
LHN net profit for H1 rises 8.8% to S$14.1 million
[SINGAPORE] LHN’s net profit for the first half ended March 31 rose 8.8 per cent to S$14.1 million from S$13 million in the year ago period.The real estate management...
Ossia controlling shareholders offer S$0.16 a share to take it private
[SINGAPORE] The controlling shareholders of Ossia International – group executive chairman Goh Ching Wah, chief executive Goh Ching Huat, and non-executive director Goh Ching Lai – have made an...
Japan’s megabanks forecast more record profits despite tariff uncertainty
[TOKYO] Japan’s three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan.
The...
Singapore biotech firm Mirxes launches IPO in Hong Kong to raise HK$1 billion
[SINGAPORE] Singapore biotech start-up Mirxes launched its initial public offering (IPO) in Hong Kong on Thursday (May 15) as it seeks to raise HK$1.09 billion (S$181 million) to further...
Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport
These strategic initiatives will also enhance operational reliability and safety, and optimise turnaround times[SINGAPORE] Catering and ground handling company Sats announced on Thursday (May 15) that it will invest...
SIA posts 65% rise in net profit to S$2 billion for H2 FY25 on non-cash gain
[SINGAPORE] Singapore Airlines (SIA) posted a 65 per cent surge in net profit to S$2 billion for the second half of FY2025 ended March, boosted by the non-cash accounting...
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
[BENGALURU/SHANGHAI] Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday (May 15), as the e-commerce group works on new strategies to keep consumers spending amid persistent economic weakness...
Trump wants Apple to stop moving iPhone production to India
The US president’s comments throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India by the end of next yearPublished...
HSBC-backed Hang Seng Bank to cut jobs as part of restructuring
[HONG KONG] Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead...
UK insurer Aviva reports 9% rise in Q1 general insurance premiums
The company reported £2.9 billion in general insurance premiums for the quarter ended March 31Published Thu, May 15, 2025 · 02:41 PM[LONDON] Insurer Aviva reported a 9 per cent...
