Leadership

iPhone shipments in China fell 33% in February: data
iPhone shipments in China fell 33% in February: data
March 26, 2024
APPLE iPhone shipments in China fell about 33 per cent in February from a year earlier, according to official data, extending a slump in demand for the flagship device...
China EV giant BYD posts slowest quarterly profit growth in 2 years
China EV giant BYD posts slowest quarterly profit growth in 2 years
March 26, 2024
CHINESE electric vehicle giant BYD reported an 18.6 per cent rise in fourth-quarter profit on Tuesday (Mar 26), its slowest since the first quarter of 2022, as EV sales...
Toyota plans to mass produce battery Hilux pickup truck by 2025, official says
Toyota plans to mass produce battery Hilux pickup truck by 2025, official says
March 26, 2024
JAPAN’S Toyota plans to mass-produce a battery electric Hilux pickup truck by the end of 2025, the president of its Thailand unit said on Tuesday (Mar 26). The announcement comes...
OCBC aims to quadruple number of cross-border QR payments in 2024
OCBC aims to quadruple number of cross-border QR payments in 2024
March 26, 2024
OCBC announced on Tuesday (Mar 26) that it expects to facilitate 250,000 cross-border QR payments this year, four times the number of such transactions in 2023.The bank said in...
UOB appoints new global markets head and Hong Kong chief
UOB appoints new global markets head and Hong Kong chief
March 26, 2024
UOB : U11 0% on Tuesday (Mar 26) announced two new appointments to its management team.Kelvin Ng, who is deputy head of group global markets, will take over as...
A tale of two IRs: MBS edges out Genting’s RWS in mass-market appeal
A tale of two IRs: MBS edges out Genting’s RWS in mass-market appeal
March 26, 2024
MARINA Bay Sands’ (MBS) upcoming fourth tower – an expansion of its integrated resort (IR) in Singapore – may not significantly impact rival Resorts World Sentosa (RWS), but factors...
MAS’ digital platform ties up with Ant International to simplify sustainability reporting for MSMEs
MAS’ digital platform ties up with Ant International to simplify sustainability reporting for MSMEs
March 26, 2024
[TOKYO] THE Monetary Authority of Singapore’s initiative, Gprnt, will collaborate with Ant International to provide micro, small and medium enterprises (MSMEs) with a technology-enabled sustainability reporting solution. This will allow...
Moody’s, Fitch upgrade Singlife’s ratings on stable outlook
Moody’s, Fitch upgrade Singlife’s ratings on stable outlook
March 26, 2024
MOODY’S Ratings and Fitch Ratings have upgraded Singapore Life Holdings (Singlife Holdings) and its core operating unit Singapore Life (Singlife) on the issuer’s stable outlook after the completion of...
Vietnam boosts coal imports as it promises investors no more power cuts
Vietnam boosts coal imports as it promises investors no more power cuts
March 26, 2024
VIETNAM’S coal imports so far this year have nearly doubled from the same period of 2023, customs data shows, as the government strives to reassure foreign investors that factories...
Hot stock: Lum Chang shares sink on MD’s involvement in Iswaran probe
Hot stock: Lum Chang shares sink on MD’s involvement in Iswaran probe
March 26, 2024
SHARES of Lum Chang fell more than 10 per cent on Tuesday (Mar 26) morning after the company revealed that its managing director, David Lum, had “attended several interviews”...