Business
ThaiBev Q1 revenue up 2.4% to 92.3 billion baht
Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments THAI Beverage on Thursday (Feb 13) reported that…
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Business
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
Business
US Bitcoin miners disrupted by Chinese supplier under scrutiny
CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
MAS review group proposes tax perks to boost Singapore’s equities market as a start
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
Barclays sets new performance goals as 2024 pretax profit rises
BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for 2024 that…
Business
Dove, Wellbeing Brands Drive Unilever Growth in 2024
LONDON – Unilever is expecting a “soft” start to the new year after reporting a 1.9 percent uptick in turnover to 60.8 billion euros in…
Business
January inflation in Germany drops due to some lower fuel prices
A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa Price pressure on consumers in Germany eased in…
Business
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980…
Business
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion euros Siemens…
Business
London’s Sloane Street Has a Sparkling New Look Following a 46 Million Pound Investment
LONDON— Following a grand-scale refurbishment that took two years and cost 46 million pounds, Sloane Street is ready for its close-up. The…
Business
Jollibee shares jump after foreign ownership limit scrapped
SHARES of Jollibee Foods climbed more than 5 per cent on Thursday (Feb 13) after the Philippines’ top restaurant operator said it has…
Business
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…
Business
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
Business
Nissan and Honda set to update on relationship after merger talks stall
After backing away from merger talks, Nissan is now open to working with new partners, with Taiwan’s Foxconn seen as one candidate NISSAN…
Business
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an…
Business
Pimco opens office in Dubai as asset managers flock to region
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the…
Business
Trybe Plans for First Live Event in Las Vegas
Trybe is gearing up for its first event in May in Las Vegas. Some of the 100-plus speakers include PacSun’s chief executive officer…
Business
Sorry, T-bills. It’s time now to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and…
Business
Sorry, T-bills. It’s time to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and…
Business
Text Marketing: Mobile Money or Major Fail?
Text message marketing is kinda like the new kid on the block for businesses. It’s cheap, easy, and gets the job done better than some of…
Business
Trust Account Secrets: What Banks Don't Tell You
Trust banking might sound like a boring topic, but it’s actually pretty important. It’s all about managing your money and assets in a way…
Business
Wild Rumor Suggests Toyota, Mazda Could Share an Inline-6 in Future Sports Cars
The current version of the Toyota Supra has its charms, but its deep BMW roots leave it feeling very little like any other Toyota product.…