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Posted on December 18, 2024

Oatly to close Singapore facility as cost cuts continue

Oatly plans to close its Singapore manufacturing facility as part of a strategy to reduce costs and take the oat-drinks business into profitability. Sweden-headquartered Oatly said it expects to incur …
Posted on December 17, 2024

Singapore new home sales hit a record 2,557 units in November

the evergreen housing aspirations of Singaporean families and where new family formations can be the beneficiaries of inter-generational wealth made and passed down by baby-boomers and Generation X …

( read original story …)



Posted on December 17, 2024

Malaysia’s Mr DIY hammers down on growth in Indonesia with S$346m IPO

JAKARTA] Set to be the country’s biggest listing in more than a year, the Indonesian arm of Mr DIY – a Malaysian home improvement retailer with operations in Singapore – will debut on the Indonesian …
Posted on December 17, 2024

China approves Singapore’s Perennial as first foreign company to wholly own tertiary hospital

BEIJING: Singapore property and healthcare player Perennial Holdings has become the first foreign company to be granted a licence by the Chinese authorities to wholly own and run a tertiary hospital …

( read original story …)



Posted on December 17, 2024

Ben Davis absent from Thailand squad for ASEAN C’ship match in Singapore amid NS default controversy

Ben Davis, who defaulted on his National Service (NS) obligations in Singapore, was absent from Thailand’s ASEAN Championship match against Singapore on 17 December 2024 due to an ankle injury. Davis could face legal consequences for not fulfilling his NS duties,
Posted on December 16, 2024

Nestlé Malaysia names new executive director for group corporate affairs

Bhd has appointed Raja Nurmaria Murni Raja Nur Azmi as executive director, group corporate affairs for Malaysia and Singapore.
Posted on December 16, 2024

IFC Sees Singapore Commitments Remaining Near Record $2 Billion

International Finance Corp. sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.
Posted on December 15, 2024

Why Hong Kong has grown into a crypto hub — CEO of WOW Summit

Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit …
Posted on December 15, 2024

Over 50% Singapore workers use AI, but many worry about being perceived as cheating, lazy or incompetent

SINGAPORE: More than half (52%) of Singapore workers are using artificial intelligence (AI) in their jobs, but nearly half (45%) feel uneasy admitting it to their managers, worrying they might be …
Posted on December 14, 2024

Indonesia’s Prabowo to press on with 12% tax on goods & services, but will exempt some staple items

Indonesia’s Value-Added Tax (VAT), the equivalent to Singapore’s Goods and Services Tax (GST), is slated to hit 12 per cent at the start of 2025, matching it with the Philippines as the highest in …

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