Entrepreneurship
Paragon Reit to suspend trading on May 15 ahead of delisting
[SINGAPORE] Paragon Reit will suspend trading in its units from 9 am on Thursday (May 15), and bow out of the Singapore Exchange, the manager of the retail real...
Tencent quarterly revenue up 13% on AI, gaming boost
[BEIJING] Tencent Holdings, China’s biggest technology company by market capitalisation, posted a 13 per cent rise in first-quarter revenue on Wednesday (May 14), boosted by growth in gaming and...
Fractional platform RealVantage ties up with ESR to invest US$55 million in South Korean logistics facility
[SINGAPORE] Real estate co-investment platform RealVantage has partnered ESR Group’s South Korean arm, ESR Kendall Square, to invest US$55 million (S$71.3 million) in the development of a last-mile logistics...
Mapletree acquires 18-acre site to develop logistics facility in Chicago
[SINGAPORE] Property developer Mapletree Investments announced on Wednesday (May 14) that it has acquired an 18.11-acre site in Chicago, where it plans to develop a premier logistics facility spanning...
BYD tops Singapore vehicle sales so far this year, replacing Toyota
In the first four months of 2025, BYD sold 3,002 cars, or 20% of total vehicle sales in SingaporePublished Wed, May 14, 2025 · 04:03 PM[SINGAPORE] China’s BYD became...
Baidu prepares to launch driverless taxi in Europe: report
The company has been in discussions with Switzerland’s bus service provider PostAuto to debut its robotaxi service in Switzerland, WSJ reportsPublished Wed, May 14, 2025 · 02:18 PM[BENGALURU] Chinese...
Crypto platform FalconX partners with Standard Chartered
[HONG KONG] Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday (May 14) that they had formed a strategic partnership to serve institutional crypto investors.The partnership...
GXS Bank CEO to retire, GX Bank CEO to take over
[SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31.His successor will be Lai Pei-Si, CEO of GX Bank, the Malaysian arm of...
Citing worsening macro conditions, Frasers Property renews bid to take Frasers Hospitality Trust private
[SINGAPORE] Frasers Property is proposing to privatise Frasers Hospitality Trust (FHT) at S$0.71 per stapled security, due to FHT’s inability to improve the distribution and growth of the trust...
Taiwan regulator probes firms for pressuring staff to sell ETFs
Published Wed, May 14, 2025 · 11:19 AM[TAIPEI] Taiwan’s financial regulator is probing 20 financial institutions over how they pushed staff to sell exchange-traded fund (ETF) products, the latest...
