Asean CEOs' business outlook dimmer than global peers'

CHIEF executive officers (CEOs) across Asean are harbouring greater pessimism than their global peers, in a stark turnaround from previous years, when they were more optimistic.

S-E Asia GDP growth to slow in 2019 amid trade war: ICAEW

ECONOMIC growth across the South-east Asia region is expected to slow in 2019 to 5 per cent, after an estimated 5.3 per cent in 2018, according to the Institute of Chartered Accountants in England and Wales' (ICAEW) latest Economic Insight report on the region. ...

Vietnam ranks top in total funds raised via IPOs across S-E Asia

DESPITE fewer flotations, capital markets across South-east Asia raised S$12 billion in total funds via 135 initial public offerings (IPOs) in the first 101/2 months of this year, just shy of the S$13.5 billion raised through 178 IPOs in the whole of 2017.

Internet economy in South-east Asia to top US$240b by 2025: study

SOUTH-EAST Asia's Internet economy is expected to exceed US$240 billion by 2025, beating the previous estimate of US$200 billion put up just a year ago, as lower costs enable more consumers to go online using their mobile phones. ...

Size doesn't matter

DO ORGANISATIONS need to be of a certain size before they can start looking at ways to give back to society? And is contribution necessarily correlated with organisation size? The answer to both questions is a resounding "no" for Spic & Span, a cleaning-services provider and one of 60...

Firms doing good

THERE is a "magic carpet" at the Rainbow Centre, the projected images on which interact with and respond to the movements of children who play on it. ...

Asean should take advantage of opportunities in trade war

THE trade war between the US and China presents opportunities for Asean as companies look to diversify their risk and look for new places to plant their productions.

Smarter transportation critical for Emerging Asia's growth

THE gross domestic product in Asean is estimated to grow by an annual average of 5.2 per cent in 2019 to 2023, on a par with the average of 5.1 per cent seen from 2012 to 2016, said the OECD Development Centre in a report launched on Monday.

RWS leverages its areas of specialisation to help needy

THOSE who are able to swim, or have at least conquered their fear of water, no doubt appreciate the feeling of near-weightlessness when they are in water.

Givola banks on user experience to earn

YOU have to take the issue of money off the table and pay your top talent well, said Aseem Thakur of his 10-man team at Givola. And a strong team it is - his developers have the prerequisite tech-giant name experiences under their belts and are into machine learning and artificial intelligence,...

Hyphens Pharma marks first day of trading with positive gains

SPECIALITY pharmaceutical and consumer healthcare group Hyphens Pharma International made its trading debut on the Singapore Exchange's Catalist board on Friday at 30 Singapore cents before ending trading at 27.5 Singapore cents...

Chinatown Plaza owners to get S$260m in collective sale

CHINATOWN Plaza has been sold for S$260 million to a property unit affiliated to Singapore-based RGE (Royal Golden Eagle), the pulp and paper to palm oil giant founded by Sukanto Tanoto.

Chinatown Plaza sold en bloc for S$260m

CHINATOWN Plaza has been sold for S$260 million to a property unit affiliated to Singapore-based RGE (Royal Golden Eagle), the pulp and paper to palm oil giant founded by Sukanto Tanoto

OCBC launches hybrid unit trust, combining fixed maturity product with call option strategy

OCBC Bank and Lion Global Investors have launched what they say is a first-of-its kind unit trust in Singapore for the bank's retail customers, that combines a fixed maturity product and potential capital gains though a call option strategy...

Validus, Lighthouse Canton launch S$20m SME financing fund

VALIDUS Capital and Lighthouse Canton Group launched a S$20 million fund to finance small and medium enterprises (SMEs) in Singapore on Friday, and hope to grow the fund to S$200 million in the next three years.

SIA to merge SilkAir into flagship carrier; CEO cites connectivity within plane fleet

MERGING SilkAir into Singapore Airlines (SIA) will improve connectivity across the combined fleet's wide- and narrow-body planes, Singapore Airlines management said on Friday...

SK Jewellery Group's Q1 net profit up 27.3%, revenue hits record S$48.6m

SK Jewellery Group posted a net profit of S$1.77 million for the first quarter ended March, up 26.3 per cent over the previous year's equivalent period...