Business
Indonesia’s new export earnings rule raises fears of cash crunch, competitive setbacks
Indonesia’s bold move to mandate exporters to park all earnings onshore for a full year starting Mar 1 is set to shake up the industry.…
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
Apple loses top-stock crown as analysts downgrade on iPhone risk
APPLE received a pair of analyst downgrades, in the latest sign that soft iPhone sales are becoming an increasing concern for investors,…
Politics
Gold hits 11-week high on softer US dollar, Trump policy uncertainty
GOLD prices climbed to a fresh 11-week high on Wednesday (Jan 22), buoyed by a weaker US dollar and as uncertainty surrounding President…
Business
Indonesia to force exporters to keep all US dollar earnings onshore for a year amid rupiah concerns
INDONESIA’S government plans to force commodity exporters to keep their entire foreign currency-denominated earnings onshore for at least…
Politics
STI ends 0.4% lower amid mixed Asian markets and Trump’s tariff remarks
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said…
Politics
STI ends 0.4% lower amid mixed Asian markets, Trump’s tariff remarks
SINGAPORE stocks closed lower on Wednesday (Jan 22) following a mixed picture in other Asian markets, after US President Donald Trump said…
Business
Luxury, hotel stocks are all the rage as tourists flock to Japan
JAPAN’S stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies,…
News
Should You Question Everything?
Every few months, out of curiosity, I red-pill myself. Usually, I start with YouTube. The algorithm is extraordinarily responsive: give a…
Business
United Airlines offers an upbeat outlook on improved pricing power
UNITED Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street…
Fashion
Beauty industry hooked on TikTok braces for an uncertain future
SATURDAY (Jan 19) night gave hundreds of millions of Americans a taste of what life without TikTok would look like, and at least one brand…
Culture
Netflix posts record quarter thanks to sports, ‘Squid Game’
NETFLIX closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the…
Politics
What D.C. Saw at Donald Trump’s Second Inauguration
Over the inaugural weekend and late into Monday night, thousands of Trump supporters queued around the Capital One Arena for a victory…
News
AI, drones and sensors: How technology could help battle future fires
Maxwell Brodie vividly recalls the destructive wildfire he experienced as a kid growing up in the interior of British Columbia. One night…
Business
UBS CEO signals job cuts will continue in quest to lower costs
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit…
Business
Goldman Sachs picks leaders to run Wall Street engines in major revamp
GOLDMAN Sachs Group is preparing to promote a slate of star executives to run its biggest Wall Street business lines, spotlighting the…
Business
Sabana Reit posts 32.2% rise in H2 DPU to S$0.0152, with 10% kept for capital management
SABANA Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0152 for the half-year ended Dec 31,…
Business
Easing tariff fears cement bets on ECB rate cut next week
EUROPEAN Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade…
Politics
Banks running Trump ‘war rooms’ as trade ructions expected
BANKERS at JPMorgan worked through the night in a “war room” to try and assess the early impact of US President Donald Trump’s…
News
Office Holiday Gift Swaps Gone Wrong: What Not to Do
Office holiday gift swaps can be a lot of fun, but they can also turn into a real headache if things go wrong. Whether it’s a poorly…
Business
UBS halts margin loans on some New World Development securities
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…
Business
Apple’s iPhone sales in China plunge 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Claims against e-wallet players hit half a million dollars in just over a month: financial dispute agency
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a…
Politics
Sembcorp launches Nusantara solar power plant to serve its electricity needs
Sembcorp Industries announced its launch of a power plant in Indonesia’s capital Nusantara on Monday (Jan 20). The Nusantara Sembcorp…
Business
Inchcape+ opens BYD commercial EV showroom in Singapore, partners ComfortDelGro for charging
Inchcape+ will provide vehicles for commercial fleets, while ComfortDelGro delivers charging infrastructure and financing support…