Entrepreneurship
Toyota is backing LG battery plant with US$1.5 billion order
TOYOTA Motor has agreed to shift a US$1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors (GM) backed out of...
US: Wall St opens higher with Fed policy, Trump tariffs in focus
WALL Street’s main indexes opened higher on Tuesday (Feb 18), as investors focused on potential tariff developments and the US Federal Reserve’s interest-rate strategy following last week’s drop in...
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt repayment ability of hotels, restaurants and other travel-related businesses.
Bad loans totalled...
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previouslyDEPARTMENT store operator Parkson Retail Asia posted net profit of S$5.8 million for the fourth quarter...
Petronas mulls over US$1 billion loan for Malaysian LNG project
MALAYSIA’S Petroliam Nasional is in talks with banks for a potential loan to fund a liquefied national gas (LNG) project, according to sources familiar with the matter.The state-owned company,...
Aoxin Q&M’s largest shareholder calls for EGM to oust executive director
Mainboard-listed Q&M Dental Group (Singapore) holds some 32.78% of Catalist-listed Aoxin’s sharesAOXIN Q&M Dental Group’s largest shareholder on Monday (Feb 17) called for the Catalist-listed company to hold an...
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...
