Culture
UOB’s Lawrence Goh joins Nets’ board of directors
He has over three decades of international experience in spearheading large-scale transformations for businessesNETWORK for Electronic Transfers (Nets) has appointed Lawrence Goh, UOB’s head of group technology and operations...
Godiva’s Turkish owner to sell marinas to focus on core business
YILDIZ Holding, the Turkish conglomerate behind Godiva chocolates and McVitie’s biscuits, will sell its marinas to focus on its core food and retail businesses.“At Yildiz Holding, we are prioritising...
Koh Brothers Eco unit wins S$313.9 million LTA contract to build bus depot
CATALIST-LISTED engineering solutions provider Koh Brothers Eco Engineering was awarded a S$313.9 million contract by the Land Transport Authority (LTA) through its wholly owned subsidiary, Koh Brothers Building &...
China avoids rate cut to keep ammunition for future pressure
CHINA refrained from cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade...
Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said...
Bank of Japan expects further progress in hitting 2% inflation target in 2025
THE Bank of Japan (BOJ) expects the economy to move closer to sustainably achieving the central bank’s 2 per cent inflation target next year, governor Kazuo Ueda said on...
Bank of Japan expects further progress in hitting 2 per cent inflation target in 2025
THE Bank of Japan (BOJ) expects the economy to move closer to sustainably achieving the central bank’s 2 per cent inflation target next year, governor Kazuo Ueda said on...
10 events that made the headlines in Singapore
From the DBS leadership renewal to the Straits Times Index surging to a 17-year high, these are some events this year that captured headlines.Failed Allianz-Income dealG insurer Allianz announced...
Cromwell E-Reit to rename and rebrand, following completion of 280 million euro manager buyout
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) will be renamed Stoneweg European Reit from Jan 2, 2025, with corresponding updates to its security and counter names on the...
SingPost’s proposed A$1b sale of Australian business ‘on track’: buyer Pacific Equity Partners
THE proposed divestment by Singapore Post (SingPost) of its Australian logistics business is not affected by SingPost’s recent firing of its three senior executives, the buyer Pacific Equity Partners...
ComfortDelGro Zig platform fee to increase between S$0.30 and S$0.50 from Jan 1
FROM Jan 1, 2025, the platform fee on ComfortDelGro’s app Zig will be adjusted by S$0.30 to S$0.50, the land transport giant announced on Tuesday (Dec 24).Therefore, the platform...
Gojek, Tada, ComfortDelGro Zig raising platform fees from Jan 1 to cover costs arising from upcoming Platform Workers Act
FROM Jan 1, 2025, the platform fee on ComfortDelGro’s app Zig will be adjusted by S$0.30 to S$0.50, the land transport giant announced on Tuesday (Dec 24).Therefore, the platform...