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

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.

And just 35 per cent have set up formal wealth-management struct…

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International

International

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

Mindy Tan

International

Thailand to replace military-appointed Senate, reduce its powers

Bankers lose hope of London IPO revival for another year

Decarbonisation schemes are generating hot air

BOJ will hike rates if trend inflation accelerates, says Ueda

India tells spice makers to give details of quality checks after Hong Kong allegations

Eurozone business in services-led bounce in April, PMI survey shows

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