Leadership
Norway wealth fund sells stakes in 3 Jardine firms on environment concerns
NORWAY’S US$1.6 trillion sovereign wealth fund has excluded three companies from its portfolio due to concerns that mining activity may destroy the natural habitat of critically endangered orangutans, the...
Singapore to tackle resilience, security risks with new law for digital infrastructure service providers
SINGAPORE intends to introduce a Digital Infrastructure Act to govern key digital infrastructure service providers, in order to address resilience and security risks. “Large cloud service providers and data...
Energy firms boost gas exploration in South-east Asia to meet growing demand
ENERGY companies are ramping up exploration activities in South-east Asia to boost natural gas output and meet long-term demand growth, drawn by recent discoveries and improved investment policies, company...
Brokers’ take: Analysts raise Frencken targets after earnings beat forecasts; bullish on recovery
ANALYSTS have raised their target prices on Frencken Group and maintained their “buy” recommendations after the group’s second-half results for 2023 beat expectations. On Tuesday (Feb 27), the semiconductor...
Tesla rolls out new incentives in China as price war escalates
TESLA unveiled new incentives, including insurance subsidies, on Friday (Mar 1) to woo consumers in the world’s largest auto market, where the US electric vehicle (EV) giant is in...
Indian community leader to be new editor of Tamil Murasu from Apr 1
TAMIL-LANGUAGE daily Tamil Murasu will get a new editor from Apr 1 as part of SPH Media’s leadership and succession planning. T Raja Segar, 61, the Hindu Endowments Board’s...
IHH Healthcare guides for higher FY2024 capex as it pushes bed growth in key markets
PRIVATE healthcare group IHH Healthcare is continuing its quest for organic growth as it works to expand its capacity by around 33 per cent by 2028, said its senior...
BOJ chief Ueda stops short of declaring 2% price goal met
BANK of Japan (BOJ) governor Kazuo Ueda said it was too early to conclude that inflation was close to sustainably meeting the central bank’s 2 per cent inflation target...