Year
China’s Zhida weighing HK$1 billion Hong Kong IPO this year
SHANGHAI Zhida Technology Development, a maker of electric-vehicle (EV) charging systems, is considering an initial public offering (IPO) in Hong Kong that could raise about HK$1 billion (S$172 million),...
Indonesia allocates 1.6 million tonnes for additional rice imports this year
INDONESIA has allocated an additional quota of 1.6 million tonnes of rice for import for this year on top of two million tonnes previously approved, an official said on...
US dollar index on track for first weekly fall this year
THE US dollar index was on track for its first weekly fall in 2024 on Friday (Feb 23) as investors took a breather from buying the currency following an...
Roblox game developers earned a record US$741 million last year
VIDEO-GAME makers are earning more money than ever developing and distributing games on Roblox. In 2023, Roblox paid out a record US$740.8 million to game creators, according to a...
This Year Could Make or Break Many Small Businesses: Report | Entrepreneur
A recent survey from workplace messaging company Slack found that 2024 could be a pivotal year for many small businesses.Slack surveyed 2,000 small business owners, half of whom were...
IHG to return over US$1 billion to shareholders this year after stellar 2023
HOLIDAY Inn owner IHG posted slightly better-than-expected annual room revenue on Tuesday (Feb 20) and said it expected to return more than US$1 billion to shareholders in 2024 as...
PSA aims to cut 10,000 tonnes of truck emissions a year in fleet management tie-up
PSA Singapore (PSA) could cut the carbon emissions of its container trucks by 10,000 tonnes per annum if an existing fleet management system is expanded to cover all of...
Asia: Stocks mixed as China enjoys Lunar New Year bump
CHINESE stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed...
