Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter …
Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says
Allianz SE has scrapped a proposed $1.5 billion euro acquisition of a 51% stake in Singaporean firm Income Insurance Ltd because of public opposition to the deal, a source familiar with the matter …
Global investors flock back to Singapore’s commercial property market
Lower rates look set to boost transactions as investors deploy the dry powder amassed over the past 2 to 3 years. Read more at straitstimes.com.
Trafigura reports 62% profit drop as Mongolia fraud investigation continues
Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based giant …
Trafigura reports 62% profit drop as Mongolia fraud investigation continues
Global commodities trader Trafigura posted a 62% plummet in profits in 2024, as it continues to investigate a $1 billion fraud scandal engulfing its Mongolia oil business. The Singapore-based giant …
Singapore bank UOB names Leong Yung Chee as group CFO
Dec 13 (Reuters) – Singapore’s United Overseas Bank, or UOB (UOBH.SI), opens new tab, on Friday named Leong Yung Chee as its group chief financial officer (CFO) effective April 2025, succeeding Lee …
Saudi Arabia World Cup 2034 explained: Why the FIFA vote is already a done deal
Within days, Saudi had the key backing of the Asian Football Confederation (AFC), scuppering any faint prospect of Australia teaming up with Indonesia, Malaysia and Singapore. That gave Saudi a free run at 2034, and the Australians duly bowed out of what can barely be called a race.
Jollibee opens 200th outlet in Vietnam, aiming to reach 300-store mark ‘very soon’
HO CHI MINH, VIETNAM: Jollibee opened its 200th outlet in Vietnam on Dec 12, marking a key milestone for the Filipino fast-food chain known for its fried chicken. The brand, which is already popular in Singapore and Malaysia, plans to grow even faster in Vietnam, aiming to open more locations next year, as reported by The Business Times.
4 Singapore property trends to watch in 2025
Private property prices are set to go up by 4 to 7 per cent due to a reduction in the supply of completed properties. Read more at straitstimes.com.
Financial pressures, co-parenting with friends: NTU survey reveals young Singaporeans’ views on parenthood
When it comes to having children in Singapore, the biggest hurdle that many young Singaporeans seem to face is the financial pressure that comes along with it. This was the finding of a joint study by …