Posts by Yurie Miyazawa
Credit Card Processing: Small Business Traps to Avoid
Running a small business is tough, and dealing with credit card processing can make it even tougher. Many small business owners find themselves tangled in a web of fees and confusing terms. It’s easy to feel overwhelmed by the hidden costs that sneak into your statements, silently chipping away at your profits. Understanding these traps…
Read MoreAustralia taxi fraud cases driven by cabbies, not the company: ComfortDelGro
TAXI fraud cases in Australia reported earlier this month were the work of cab drivers and not its subsidiary taxi company A2B, said ComfortDelGro Group chief executive officer Cheng Siak Kian on Thursday (Feb 27). Cheng, who was speaking to the media at a financial results briefing for ComfortDelGro (CDG), said that the fraud was…
Read MoreSGX-listed companies have ‘significant room for improvement’ in whistleblowing policies: NUS study
SINGAPORE-LISTED companies are not doing nearly enough when it comes to whistleblowing policies, according to a study by the Centre for Investor Protection (CIP) at NUS Business School. For example, less than half of primary-listed issuers said that all whistleblowing complaints are even reviewed. And most did not specify how they would safeguard whistleblowers’ identities.…
Read MoreAudi Brussels shuts down, cutting 3,000 jobs as Europe’s auto woes deepen
AN AUDI Factory in Brussels billed as the “cradle” of the German carmaker’s electric drive is shutting down production for good on Friday (Feb 28), the latest sign of the woes afflicting Europe’s auto industry. The plant’s closure, with the loss of 3,000 jobs, comes days before EU chief Ursula von der Leyen is set…
Read MoreUS-China tensions can offer ‘huge opportunities’ for Asian law firms: R&T managing partner
RISING tensions between the United States and China present Asian law firms with a “huge opportunity”, as the region is likely to benefit given its reputation for being politically stable, said Rajah & Tann managing partner Patrick Ang on Thursday (Feb 27). Also, as the China-US rivalry leads to an increase in geopolitical tensions,…
Read MoreUS multifamily homes, offices find favour among private equity investors
THE multifamily sector in the US is fast catching the attention of private equity investors, including those from Asia, such as South Korea’s Samsung SRA Asset Management. One of the largest commercial real estate market components in the US, multifamily housing is also one of the most levered, with properties having high loan-to-value ratios. Rising…
Read MoreGuocoLand inks MOU to jointly develop UEM Sunrise’s land bank in Iskandar Puteri
GUOCOLAND will partner Malaysia’s UEM Sunrise to develop selected freehold land parcels in Iskandar Puteri, within the Johor-Singapore Special Economic Zone (JS-SEZ). This is under a memorandum of understanding (MOU) signed by the two property developers on Thursday (Feb 27), marking the first JS-SEZ MOU between Singaporean and Malaysian private-sector companies. The aim of the…
Read MoreSome analysts downgrade CDL shares, reduce price target on boardroom tussle
ANALYSTS believe that the ongoing feud between CDL’s executive chairman Kwek Leng Beng and chief executive officer and his son, Sherman Kwek, could cause an overhang on the group’s share price in the near term. Some analysts downgraded the company’s stock on Wednesday (Feb 26) and Thursday, checks by The Business Times showed. JP Morgan…
Read MoreHong Kong bourse logs 10% profit jump as trading turnover and IPOs surge
HONG Kong’s bourse operator reported a 10 per cent rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic that a pickup in Chinese economic activity would help its prospects. Recent years have seen the exchange’s performance hampered by slow growth in China’s economy, regulatory…
Read MoreOCBC Capital Return Plan Splits RHB, Maybank Analysts on Impact
ANALYSTS were split on the scale of impact of OCBC’s capital return plan announced on Wednesday (Feb 26), despite agreeing that it was a “welcome addition” and lifting their price targets for the counter. The bank on Wednesday posted higher earnings for its fourth quarter and full year ended December 2024, and announced its intention…
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