Heineken to axe 130 jobs, phase out large-scale beer production at Asia Pacific Breweries Singapore
Production will be reallocated to existing regional breweries in Malaysia and Vietnam by 2027.
Kang Wan Chern
Palm oil rally lifts Singapore plantation stocks amid Middle East tensions
Shares of some Singapore-listed palm oil producers have surged since the US-Israel strike on Iran began on Feb 28, as volatile oil prices lifted demand for palm oil.
Firmer ringgit could make shopping trips across Causeway costlier for Singaporeans
The Malaysian ringgit has strengthened against the Singapore dollar, moving from over RM3.30 to around RM3.18 per Singapore dollar in recent months.
Director of Singapore-listed firm resigns after US sanction for alleged ties to Cambodian scam empire
Chen Zhi is accused by US and British authorities of running forced labour scam compounds involved in cryptocurrency investment fraud ("pig butchering").
Sacking of SingPost’s group CEO could waylay efforts to restructure business, revive growth
The termination of the employment of Singapore Post’s group chief executive, Vincent Phang, could delay ongoing efforts to ensure the long-term commercial viability of the…
Southeast Asia emerges as global data centre hot spot as AI usage rises
Thanks to its lower costs, power availability and geopolitical neutrality, Southeast Asia is emerging as an ideal region for tech operators to establish a data centre base, with…
Blockbuster IPOs in HK, KL could be start of more in Asia as investor confidence returns
A blockbuster initial public offering typically involves a company whose listing is highly anticipated by investors and the public, enjoys strong valuations and media coverage,…
S’pore’s efforts to transform economy have grown the pie for all: DPM Heng
Meanwhile, technological advances and job uncertainties, climate change and geopolitical shifts will continue to have major implications for the country and its future.
S’pore among countries most at risk from rising geopolitical tensions: WTO
Trade patterns and relationships are reorienting along geopolitical lines, with nations outsourcing or moving business operations to countries that they have friendly ties with.
S’pore to play larger role in HSBC’s Asian growth plan
The bank has appointed and moved some of its most senior executives from key London and Hong Kong offices to Singapore.