Entrepreneurship

Wing Tai H1 net profit declines 51% to S$10.1 million
February 11, 2025
PROPERTY and retail company Wing Tai Holdings’ net profit continued its decline in the first half of its 2025 fiscal year due to lower contributions from its property assets,...
BP pledges strategy reset as annual profit falls by a third
February 11, 2025
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations. The...
I Squared eyes DigitalBridge towers in South-east Asia: source
February 11, 2025
I SQUARED Capital is considering buying some of the assets of DigitalBridge Group’s South-east Asian telecom tower operator, according to people with knowledge of the matter. DigitalBridge had been...
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
February 11, 2025
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank undergoes a restructuring. A spokeswoman...
Paragon Reit jumps 11.8% on privatisation offer
February 11, 2025
This is after the manager announces that it received a S$0.98-per-unit privatisation offer from Times Properties UNITS of Paragon Real Estate Investment Trust (Paragon Reit) jumped on Tuesday (Feb...
SoftBank explores debt-heavy financing for US$500 billion AI push
February 11, 2025
A FEW weeks ago, SoftBank Group founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence (AI) venture with OpenAI that could...
Millennial Workplace Demands Reshaping America
February 10, 2025
Millennials are shaking things up in the workplace, and it’s hard not to notice. They’re not just clocking in for a paycheck; they’re demanding more from their employers. Flexibility,...
Cease and Desist: When to Send the Legal Equivalent of ‘Back Off’
February 10, 2025
Ever had someone step on your toes, legally speaking? That’s where a cease and desist comes into play. It’s like a formal way of saying, ‘Hey, cut it out!’...
Nokia hires Intel’s AI executive as CEO in push for turnaround
February 10, 2025
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network equipment maker works to exit a prolonged slump...
Expect growth opportunities from more regional trade amid US tariffs: DBS
February 10, 2025
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US tariffs, said deputy chief executive and CEO...
TSMC January sales growth slows after DeepSeek roils market
February 10, 2025
TSMC’s outlook is overshadowed by US President Donald Trump’s threats to slap tariffs on semiconductor importsTAIWAN Semiconductor Manufacturing Company’s (TSMC) sales growth decelerated from the December quarter as Nvidia’s...
Taiwan’s legacy chip industry contemplates future as China eats into share
February 10, 2025
WHEN Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help...