CFO not one to chicken out of skills upgrading
Chief financial officer (CFO) Koh Ing Chin may hold the same job title he had in his previous company, but his job scope is quite different. His role at poultry […]
It always pays to take sabbaticals and vacations
(BLOOMBERG) – No sooner had Citigroup announced its new sabbatical policy – 12 weeks at 25 per cent pay for employees who’d been at the bank at least five years […]
Starting a home business
Ask almost anyone and they probably know someone running a home-based business (HBB), whether as an alternative source of income after being retrenched or an entrepreneurial dream. Such enterprises are […]
A way for designer to keep inspiring her team
Running a small design firm means Ms Kelley Cheng has to do everything from managing IT systems to planning social media marketing strategy, besides her own design work. But the […]
US stocks end at records again as Biden eyes more stimulus
NEW YORK (AFP) – Wall Street stock indices closed at records again Friday (Jan 8) as anticipation of a new fiscal relief package offset poor December jobs figures. The Dow […]
Banks enhance e-payment services as sector opens up
Consumers can expect a wider variety of digital payment services this year as traditional players enhance their offerings amid greater competition in the banking sector. DBS Bank, OCBC Bank and […]
Sembcorp unit bags solar power project in India
Sembcorp Industries’ India energy arm Sembcorp Energy India Limited (Seil) has clinched a 400MW solar power project through its renewables subsidiary, Sembcorp Green Infra. The energy and utilities group announced […]
Las Vegas Sands chief takes leave for cancer treatment
NEW YORK • Sheldon Adelson, the chairman and chief executive officer of Las Vegas Sands, which owns Singapore’s Marina Bay Sands, is taking a leave of absence after resuming treatment […]
UOB references Sora in pricing its capital securities
UOB has broken new ground here by pricing capital securities with a reset coupon rate that references the Singapore Overnight Rate Average Overnight Indexed Swap (Sora-OIS) rate. The move is […]
Sembcorp unit bags new solar power project in India
SINGAPORE (THE BUSINESS TIMES) – Sembcorp Industries’ India energy arm Sembcorp Energy India Limited (SEIL) has clinched a 400 megawatt (MW) solar power project through its renewables subsidiary, Sembcorp Green […]
Samsung flags 26% rise in Q4 profit on chip, display sales
SEOUL (REUTERS) – Samsung Electronics said on Friday (Jan 8) that fourth-quarter operating profit likely rose 26 per cent, in line with analysts’ estimates, as pandemic-driven remote working fuelled sales […]
Airlines try ultra-cheap fares to get the world flying again
NEW YORK (BLOOMBERG) – The nightmare year of 2020 brought the airline industry’s first decade of sustained profitability to a shuddering halt. The coronavirus pandemic tore through in a tumultuous, […]
Wall Street tops new highs on Democrat-driven stimulus hopes
NEW YORK (REUTERS) – Stocks on Wall Street hit record levels on Thursday (Jan 7) as investors bet a Democrat-controlled Congress will deliver more stimulus spending to help the US […]
DBS starts in-house digital institute
DBS Bank has launched an in-house digital training institute to develop the skills of its nearly 5,000-strong tech workforce in application security, site reliability engineering, and data processing and analytics. […]
SoftBank’s Masayoshi Son poised for another IPO windfall in 2021
TOKYO (BLOOMBERG) – SoftBank Group Corp is preparing to take at least six more of its portfolio companies public this year, building on a 2020 turnaround that pushed the value […]
Dow ends at record as US stocks shrug off Capitol Hill unrest
NEW YORK (AFP) – The Dow finished at a fresh record on Wednesday (Jan 6) as Wall Street largely shrugged off unrest in Washington after angry supporters of outgoing President […]
Company briefs: SoftBank
SoftBank SoftBank Group plans to sell its first bond in more than a year, joining a rush by companies globally to tap credit markets while borrowing costs are low. The […]
China fund managers rush to capitalise on investors’ green fever
SHANGHAI • Chinese money managers are rushing to launch new energy funds, seeking to capitalise on investors’ green fever which has been fuelled by President Xi Jinping’s carbon-neutrality pledge. China’s […]
Alibaba eyes at least $6.6b from bond sale: Sources
HONG KONG • China’s Alibaba Group Holding plans to raise at least US$5 billion ($6.6 billion) through the sale of a US dollar-denominated bond this month, four people with knowledge […]
Why China is sentencing a tycoon to death
HONG KONG (BLOOMBERG) – The bigamy conviction got a lot of the attention but Lai Xiaomin received a death sentence on Tuesday (Jan 5) over a much more serious issue […]