The Business Times
business-time-50

Singapore's family-owned firms least ready for succession in S-E Asia

Mindy Tan

Mindy Tan

Published Tue, Jan 27, 2015 · 09:50 PM

    Singapore

    FAMILY-owned businesses in Singapore are laggards in the region in two respects - in planning for leadership succession and in using formal structures and wealth-management solutions to manage succession issues and ensure wealth preservation.

    A report by The Economist Intelligence Unit has found that fewer than six in 10 Singapore companies (58 per cent) have a succession plan in place.

    succession planning

    TRENDING NOW

    The authors of the paper found that home-purchase intensity near planned MRT stations was higher for civil servants than with a control group of non-civil servants.

    PSD reviewing paper that alleges civil servants disproportionately bought homes near unannounced MRT stations

    CapitaLand Investment is a leading name among Singapore’s corporates and has numerous institutional and retail shareholders. 

    CapitaLand Investment’s retrenchments: Mind the downsides of a profitable business laying off staff

    A security deposit or banker’s guarantee is one way for landlords to safeguard themselves.

    In a business takeover, how can landlords in Singapore protect themselves?

    For many next-generation entrepreneurs, legacy is no longer a destination but a launch pad; Singapore sits at the centre of this transformation.

    How Asia’s next generation is rewriting legacy through entrepreneurship

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More