Leadership
Vietnam’s VinFast posts higher Q1 revenue as vehicle deliveries increase
VIETNAMESE electric-vehicle maker VinFast reported higher first-quarter revenue on Wednesday (Apr 17) on the back of increased vehicle deliveries.
The company’s quarterly revenue more than tripled to US$302.6 million.
VinFast maintained...
Vietnam’s EV maker VinFast reports narrowing losses even as sales fall
VINFAST Auto’s first-quarter loss narrowed while car sales declined as the Vietnamese EV maker sets ambitious goals to be a global brand amid declining worldwide demand for electric vehicles....
Vinci to buy majority of Edinburgh Airport in UK expansion
VINCI agreed to buy a majority stake in Edinburgh Airport for £1.27 billion (S$2.15 billion), furthering an expansion in the UK by the French construction and concessions firm.Global Infrastructure...
MAS sets aside S$35 million to develop sustainable finance talent
THE Monetary Authority of Singapore (MAS) will be setting aside S$35 million over the next three years to support the development of sustainable finance talent in the city-state’s financial...
Navigation firm TomTom Q1 operating result turns to loss on higher R&D costs
DIGITAL mapping specialist TomTom said on Wednesday (Apr 17) its operating result turned to a wider-than-expected loss in the first quarter, weighed down by an increase in research and...
Apple CEO meets Indonesia leader to talk investments
APPLE chief executive Tim Cook met Indonesia’s president on Wednesday, as the tech giant explores ways to invest in South-east Asia’s biggest economy and diversify supply chains away from...
Swiber founder fined S$100,000 over false project announcement, listing rule breaches
RAYMOND Goh, the founder and non-executive chairman of insolvent offshore oil and gas services contractor Swiber, was on Wednesday (Apr 17) slapped with a fine of S$100,000 for a...
Morgan Stanley plans biggest round of China job cuts in years
MORGAN Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 per cent of the reductions in Hong Kong and...
