Posts by Yurie Miyazawa
KidZania Singapore operator Sim Leisure dreams of creating Asia’s theme parks of tomorrow
Founder and executive chairman Sim Choo Kheng’s hopes are for the company to be an operator that is ‘not necessarily the biggest, but the most successful in terms of efficiency and profitability’ WHEN indoor edu-tainment park KidZania Kuala Lumpur was looking for a buyer during the Covid-19 pandemic, Sim Leisure Group’s founder and executive chairman…
Read More15 Black Card Requirements Revealed
So, you’ve heard about the elusive black card, right? It’s that fancy card that seems to be more myth than reality. Well, turns out, it’s very real and incredibly exclusive. From the Centurion Card to the J.P. Morgan Reserve, these cards are the stuff of legends, often seen in the hands of the world’s elite.…
Read MoreNRIC numbers may not be secure enough for authentication purposes, but how will companies adapt?
Publicly available NRIC numbers can lead to unintended challenges with compliance and data breaches NATIONAL Registration Identity Card (NRIC) numbers may not be secure enough to authenticate transactions, but making the full numbers publicly available may lead to unintended consequences. On Saturday (Dec 14), the Ministry of Digital Development and Information (MDDI) announced that the…
Read MoreBroadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after predicting a boom in demand for its artificial intelligence chips. Sales of AI products will gain 65 per cent in the fiscal first quarter, far faster than its overall semiconductor growth of…
Read MoreOffice property meltdown is starting to surface at US banks
SLUMPING office property values are rippling through US banks, with smaller lenders in particular ramping up the use of loan modifications in their commercial real estate books. The typical bank with less than US$100 billion of of assets modified 0.32 per cent of its CRE loans in the first nine months of the year, a…
Read MoreConcert Merch Prices: 20-Year Analysis
Ever wondered why concert merch is so pricey? Over the past 20 years, the cost of band merchandise at concerts has seen quite a rise. From T-shirts to tote bags, it seems like every item comes with a hefty price tag. In this article, we’ll break down the price trends for various merch items and…
Read MoreAllianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income Insurance because of public opposition to the deal, a source familiar with the matter said. The move would have lifted Allianz to the fourth-largest composite insurer in Asia, from ninth, but sparked critique in…
Read MoreUS: Stocks end flat as Nasdaq extends weekly gains, S&P 500 and Dow dip
US stocks closed out the trading week near the unchanged mark in a subdued session on Friday (Dec 13), with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains. Broadcom forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom…
Read MoreTight supply expected to provide support for cocoa, coffee prices in 2025
The agri-commodities have been drastically impacted by this year’s El Nino phenomenon, the most severe in nearly a decade PRICES of agricultural commodities cocoa and coffee are expected to ease from historical highs recorded in 2024, but remain elevated amid supply disruptions. The El Nino phenomenon this year was the most severe in almost a…
Read MoreUS: Wall St opens higher after Broadcom’s upbeat forecast
WALL Street’s main indexes opened higher on Friday (Dec 13) after an upbeat forecast from Broadcom kept alive the euphoria around artificial intelligence and boosted chip stocks. The Dow Jones Industrial Average rose 15.0 points, or 0.03 per cent, at the open to 43,929.15. The S&P 500 rose 16.9 points, or 0.28 per cent,…
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