Leadership

US tariff wall to hurt S-E Asia petrochemical players as excess products flood the region
US tariff wall to hurt S-E Asia petrochemical players as excess products flood the region
May 19, 2025
[SINGAPORE] Petrochemical players in South-east Asia are bracing themselves for increasing competition, as the tariff-led breakdown of trade between the US and China creates a flood of petchem products...
Apple partner Foxconn injects US.5 billion into India unit
Apple partner Foxconn injects US$1.5 billion into India unit
May 19, 2025
Published Mon, May 19, 2025 · 10:28 PM[HONG KONG] Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away...
Indonesia taps Singapore traders in US billion Pertamina probe
Indonesia taps Singapore traders in US$12 billion Pertamina probe
May 19, 2025
[SINGAPORE] Indonesian authorities have contacted a number of Singapore-based trading companies to request their cooperation in a US$12 billion corruption probe involving state-owned oil giant Pertamina. The oil traders received...
Business China appoints Kwek Poh Heok as new CEO
Business China appoints Kwek Poh Heok as new CEO
May 19, 2025
[SINGAPORE] Kwek Poh Heok has been appointed the new chief executive of Business China, with effect from Jul 1. She succeeds Ho Chee Hin, who served as CEO from...
Xiaomi to invest at least 50 billion yuan in chip design: founder
Xiaomi to invest at least 50 billion yuan in chip design: founder
May 19, 2025
Published Mon, May 19, 2025 · 01:17 PM — Updated Mon, May 19, 2025 · 01:22 PM[BEIJING] Chinese smartphone and electric vehicle maker Xiaomi said on Monday it plans to invest...
Two SGX listcos eye investments in Johor-Singapore Special Economic Zone: Maybank
Two SGX listcos eye investments in Johor-Singapore Special Economic Zone: Maybank
May 19, 2025
[SINGAPORE] Singapore-listed companies Thomson Medical Group and Centurion Corporation have expressed interest to invest in the Johor-Singapore Special Economic Zone (JS-SEZ), said Maybank on Monday (May 19). The two listcos...
Richest Thai man raises top bank’s stake to be No 3 shareholder
Richest Thai man raises top bank’s stake to be No 3 shareholder
May 19, 2025
Kasikornbank is the country’s second-biggest lender with total assets of 4.4 trillion baht Published Mon, May 19, 2025 · 12:36 PM[BANGKOK] Gulf Development, controlled by Thailand’s richest man Sarath...
China’s luxury car brand that’s come from behind to overtake BMW
China’s luxury car brand that’s come from behind to overtake BMW
May 19, 2025
[HONG KONG] In under four years, Seres Group, a small Chinese automaker once best known for its 30,000 yuan (S$5,403) minivans, has beaten luxury legacy names such as BMW...
MAS, SGX RegCo propose listing rule changes in pursuit of a vibrant, disclosure-based market
MAS, SGX RegCo propose listing rule changes in pursuit of a vibrant, disclosure-based market
May 18, 2025
[SINGAPORE] Here’s how Warren Buffett described the purpose of his annual letter to shareholders of Berkshire Hathaway earlier this year: “As a public company, we are required to periodically...
RBA poised for ‘hawkish cut’ as US-China reprieve boosts outlook
RBA poised for ‘hawkish cut’ as US-China reprieve boosts outlook
May 18, 2025
[SYDNEY] Australia’s central bank is set to lower interest rates for a second time this year as price pressures ease and US-China trade tensions take a pause, though lingering...