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Assisted living in Singapore: Companies face steep costs, but innovation is still possible
[ad_1] [SINGAPORE] Assisted living facilities – which enable elderly folk to live semi-independently with elderly-friendly amenities and care services – are a tough business in land-scarce Singapore. But there is...
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
[ad_1] Published Thu, Jun 26, 2025 · 06:38 AMINSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public...
Hong Kong intervenes to defend FX peg as local currency drops
[ad_1] [HONG KONG] Hong Kong’s de facto central bank bought the local dollar to prop it up on Thursday (Jun 26), in a move to defend the city’s currency peg...
Oil rebounds on signs of strong US demand
[ad_1] [NEW YORK] Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand, and as investors assessed the...
Banks critical to help companies in more protectionist global economic order: Gan Kim Yong
[ad_1] [SINGAPORE] Banks play a critical role in helping companies as they adapt to a more protectionist global economic order, said Deputy Prime Minister Gan Kim Yong, who is also...
Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals
[ad_1] [SINGAPORE] Asset manager Keppel has partnered Asian Infrastructure Investment Bank (AIIB) to facilitate up to US$1.5 billion worth of sustainable infrastructure investments and financing opportunities in Asia-Pacific.The tie-up will...
Thailand moves to recriminalise cannabis, shaking US$1b industry
[ad_1] [BANGKOK] Thailand’s government is moving to recriminalise cannabis, plunging into limbo an industry estimated to be worth over US$1 billion that has boomed since the substance was taken off...
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
[ad_1] [SINGAPORE] Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March 31, the carrier disclosed in its annual...
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
[ad_1] [HONG KONG] Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with...
Tesla sales skid in Europe in May despite EV rebound
[ad_1] The EU aims to end sales of new internal combustion engine cars in 2035, but high prices and a perceived lack of charging infrastructure have given consumers pausePublished Wed,...
