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Assisted living in Singapore: Companies face steep costs, but innovation is still possible
[SINGAPORE] Assisted living facilities – which enable elderly folk to live semi-independently with elderly-friendly amenities and care services – are a tough business in land-scarce Singapore. But there is...
Yangzijiang Shipbuilding down 6.1% amid steep fall in Q1 order wins
The shipbuilder’s Q1 order wins make up just 5% of its US$6 billion target for FY2025 [SINGAPORE] Shares of Chinese vesselmaker Yangzijiang Shibuilding fell on Friday (May 23) as...
Yangzijiang Shipbuilding down 5.1% amid steep fall in Q1 order wins
[SINGAPORE] Shares of Chinese vesselmaker Yangzijiang Shibuilding fell on Friday (May 23) as its Q1 order wins plunged to US$300 million, a marked fall from US$3.3 billion in the...
Luxury labels ditch steep China discounts to rebuild brand value
[HONG KONG] Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less...
Olam shares fall 11% amid steep profit drop
SHARES of Olam Group dived about 11 per cent just after the market open on Friday (Feb 28), as it posted an 83.4 per cent fall in net profit.At...
Hong Kong tycoon Cheng’s jeweller sees steep revenue fall amid slowdown
CHINA’S largest jewellery retailer Chow Tai Fook Jewellery Group saw revenue plunge 20.4 per cent in the half year ended September, the biggest drop for the period since 2016...
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a...
US industry seeks easing of steep Biden-Harris China tariff hikes
THE Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if US industry gets its way, many of...
