Trust Fund Setup: Easier Than You Think

Trust Fund Setup: Easier Than You Think

Setting up a trust fund might sound complicated, but it’s really not as hard as you think. Many people assume that trust creation is only for the rich or that it involves a ton of legal jargon. In reality, with a little guidance and the right information, anyone can create a trust that meets their…

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Capital One, Discover deal gets US bank regulators’ nod

Capital One, Discover deal gets US bank regulators’ nod

[NEW YORK] US banking regulators said on Friday (Apr 18) they approved Capital One’s US$35.3 billion purchase of Discover Financial Services, paving the way for the combined firms to become the nation’s eighth-largest bank. The deal has been closely watched by financial executives, who see it as a litmus test for how quickly the administration…

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Top 5 Business Vehicle for Entrepreneurs

Top 5 Business Vehicle for Entrepreneurs

Being an entrepreneur means wearing many hats and sometimes, driving many miles, too. Whether you’re jetting off to client meetings, hauling goods, or simply trying to keep your schedule running smoothly, the right business vehicle can make all the difference. The perfect ride must find harmony between style, cost, and functionality. After all, your car…

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ST Engineering group COO Ravinder Singh to retire; Vertex Holdings’ managing director Mervyn Tan to take his place

ST Engineering group COO Ravinder Singh to retire; Vertex Holdings’ managing director Mervyn Tan to take his place

[SINGAPORE] After 11 years at ST Engineering, Ravinder Singh, group chief operating officer (technology and innovation) and president for defence and public security (DPS), will retire on May 31. Mervyn Tan, managing director, investment, at venture capital firm Vertex Holdings, will join the group to assume the roles, effective Jun 1. Singh, 61, will take…

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China issues plan for expanding service sector opening-up

China issues plan for expanding service sector opening-up

It wants to boost services consumption to support the economy amid rising trade tensions with the United States Published Fri, Apr 18, 2025 · 06:30 PM [BEIJING] China on Friday (Apr 18) issued a plan to further open the country’s service sector, proposing to lift foreign equity ratio restrictions for app store services. China’s move…

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Toyota meets “aggressive” Apac entry of China carmakers with more EVs – but also combustion engines 

Toyota meets “aggressive” Apac entry of China carmakers with more EVs – but also combustion engines 

[SINGAPORE] Facing fierce regional competition from Chinese carmakers, Japanese automotive giant Toyota is banking on a strategy of continuing to offer combustion engine cars alongside ramped-up electric vehicle (EV) launches. Offering this range allows the company to adapt to each of its markets, said Toyota Motor Asia vice-president Preston Tan in an interview with The…

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