Lifestyle
China weighs record fine for PwC over Evergrande auditing work
CHINA is poised to impose a record fine on PricewaterhouseCoopers (PwC) and suspend some of the global auditor’s local operations over its role in one of the nation’s biggest...
Ex-minister Lim Hwee Hua appointed as chair of IVSC board of trustees
The International Valuation Standards Council (IVSC) has named Lim Hwee Hua as chair of the IVSC board of trustees, succeeding former UK chancellor of the exchequer Alistair Darling. The...
South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain
SOUTH-EAST Asia’s private equity (PE) industry is holding its head above water, but needs stronger stock markets to support exits via initial public offerings (IPOs). That is the verdict...
Google unveils US$2 billion investment in Malaysia
[KUALA LUMPUR] Google has committed to invest US$2 billion for the first Google data centre and Google Cloud region in Malaysia, said the Ministry of Investment, Trade and Industry...
EU Commission to postpone Chinese EV tariff decision
THE European Commission will postpone its decision on Chinese electric vehicle (EV) tariffs until after the European Parliament election on Jun 9, a source familiar with the matter told...
BNPL to account for 2% of total spending in Singapore by 2027, unchanged from 2023: Worldpay
“BUY now, pay later” (BNPL) will remain as one of the payment methods in Singapore, together with digital wallets and credit and debit cards, according to Worldpay’s 2024 Global...
SIA’s new safety measures affecting in-flight service, raising crew stress levels
THE new Singapore Airlines (SIA) in-flight service protocol, in which meal service is suspended and cabin crew members must buckle up when the seat-belt sign is turned on, has...
iFast sets up S$300 million multi-currency debt issuance programme
IFAST Corporation : AIY 0% has established a S$300 million multi-currency debt issuance programme to issue notes or perpetual securities.Net proceeds raised will be used for general corporate purposes...