Business
Haidilao operator Super Hi back in the red with US$11.6 million loss in Q4
SUPER Hi International, the operator of Haidilao’s international business, recorded a net loss of US$11.6 million for the fourth quarter…
Swedan Margen
Swedan Margen contributes to L'Officiel Lifestyle with a focus on business and entrepreneurship.
Swedan covers business developments, emerging companies, entrepreneurial stories, and trends influencing industries and the broader economy.
The goal is to bring readers accessible coverage of business stories while highlighting developments, ideas, and opportunities shaping the marketplace.
Business · Entrepreneurship · Companies · Industry Trends · Innovation
Business
'When you walk into a Cold Storage, you must feel like you’re (boarding) Singapore Airlines': New owner Andrew Lim
As the acquirer reaps economies of scale from larger import volumes, consumers can expect lower prices and a wider range of products in…
Business
Nanofilm takes out 50 million yuan loan to fund Chinese subsidiary
Nanofilm Vacuum Coating (Shanghai), a wholly owned subsidiary of mainboard-listed Nanofilm Technologies, has obtained a 50 million yuan…
Politics
Another Big Reason Congress Should Make the Tax Cuts and Jobs Act Permanent
Preserving lower rates and other essential provisions while delaying or forgoing carve-outs would provide certainty for states. Source link
Politics
Michelle Wu vs. Immigration Enforcement
Progressives such as Wu still can’t give up their near-theological commitment to illegal immigration. Source link
Politics
Columbia Pays for Its Sins
Free academic inquiry is advanced, not stifled, in this case. But the Trump administration should take more care to follow the rules.…
Business
Simple Economics May Derail the MAHA Reform of Food Stamps
Smarter policies and healthier citizens are worthy goals. But good intentions alone won’t deliver them. Source link
Business
Size and sponsor matter for investors in new S-Reit listings, say observers
One analyst notes that many are wary of locally listed Reits with foreign assets, due to higher cost of capital and potential market…
Business
BlackRock debuts Bitcoin exchange-traded product in Europe
The European instrument is BlackRock’s first foray into crypto-linked ETPs outside of North America BlackRock, the world’s largest asset…
News
LLC Pay Day: How to Write Yourself a Check
If you’ve set up an LLC (Limited Liability Company), you might be wondering how to pay yourself. It’s not as straightforward as just…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
AstraZeneca seeks to move past China probe with Beijing R&D hub
Ever since AstraZeneca shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant…
Business
Cold Storage, Giant customers can expect cheaper products, more variety after takeover, buyer says
Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in datacenter construction, arguing that the pace of that…
Politics
Judge tells State Department to keep funding refugee assistance programs
A federal judge on Monday ordered Secretary of State Marco Rubio to restore funding to a series of refugee assistance groups that he'd…
Business
Ex-Goldman analyst’s hedge fund reaps 300% on small Japan banks
Katsunori Tanaka spent most of his 19 years at Goldman Sachs scrutinising Japan’s biggest banks as an equity analyst. Now he’s making…
Politics
Trump invokes 'state secrets' to hide deportation details from court
President Trump on Monday invoked the "state secrets" doctrine to block the release of any more information about controversial…
Business
Stocks to watch: DFI Retail Group, Frasers Centrepoint Trust, ESR Reit, GuocoLand, Yeo Hiap Seng
The following companies saw new developments that may affect trading of its securities on Tuesday (Mar 25). DFI Retail Group: The…
Politics
Louis DeJoy resigns as Postmaster General after 5 years
The head of the beleaguered U.S. Postal Service, Louis DeJoy, resigned Monday after nearly five years in the position, leaving as…
Politics
House GOP schedules vote on limiting nationwide injunctions that have stalled Trump's agenda
House Republicans will vote next week on a bill to limit nationwide injunctions from federal district judges, amid party frustration over…
Business
HSBC weighs outsourcing some trading operations to lift returns
HSBC Holdings is considering outsourcing part of its sprawling trading business as executives struggle to justify making technology…
Politics
Trump administration cancels at least 68 grants focused on LGBTQ health questions
A surge of grant cancellations hit researchers focused on the health of gay, lesbian and transgender people last week, as the Trump…
News
So, Who’s Getting Fired for This?
Accidentally texting war plans to a journalist is clear cause for dismissal. Source link
Politics
Hey, Congress, How About Giving the President a Little Help on Tren de Aragua Deportations?
Trump is out on this limb because the legislative branch is AWOL. Source link