Leadership
Cordlife’s operation licences renewed for one year
EMBATTLED cord-blood bank Cordlife’s cord blood banking service and human tissue banking service licences have been renewed by the Ministry of Health (MOH) for one year, with effect from...
HC Surgical Specialists half-year profit down 2.1% at S$3.4 million
Catalist-listed medical services provider HC Surgical Specialists’ net profit for the six months ended November 2024 was down 2.1 per cent at S$3.4 million, from S$3.5 million the year...
LMIRT could fail to meet minimum interest coverage ratio for FY2024, expects no financial consequences
This is mainly due to non-operational accounting adjustments made to Ebitda and interest expenses in Q2 and Q3LIPPO Malls Indonesia Retail Trust (LMIRT) will “potentially” not be able to...
DBS’ Piyush Gupta sees US as global growth engine in 2025 but warns of headwinds
OUTGOING DBS chief executive officer Piyush Gupta expects the US to remain as a global growth engine, but warns of three potential headwinds that could lead to a market...
Singapore family offices exceed 2,000 in 2024, up 43% on year
THE number of single family offices (SFOs) in Singapore continued to grow last year to exceed 2,000 by the end of 2024.That’s according to Chee Hong Tat, the second...
Asia: Markets mixed as traders eye US inflation data, earnings
ASIAN markets diverged on Tuesday (Jan 14) as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a...
Philips CEO sees subdued China sales this year
PHILIPS CEO Roy Jakobs said he still expects subdued demand in China this year due to healthcare anti-corruption efforts by the Chinese government that has hurt revenue there for...
China discusses sale of TikTok US to Elon Musk as one possible option: sources
CHINESE officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the...
