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Asia
Property
KKR raising first Asia real estate fund, targeting US$1.5 billion
HONG KONG (Mar 21): Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting US$1.5 billion ($2 billion) as it looks to deepen its real estate portfolio in the region, said people with knowledge of the matter
March 21, 2019
Careers & Training
Singapore's workforce faced with conservative salary increments; less likely to enjoy bonuses in 2019: Hays
SINGAPORE (Mar 5): Companies in Singapore are predicting conservative salary increases in the year ahead after a stagnant 2018, finds a recent research report by recruitment specialist Hays.
March 05, 2019
Property
Property markets from Hong Kong to Sydney join global downturn
HONG KONG/SHANGHAI (Jan 4): Asia is finally succumbing to the global property slowdown that’s jolted homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong and Australia showing fresh signs of softening.
January 04, 2019
Swiss private banks urged to find partners in ‘complex’ world
SINGAPORE (Oct 1): Switzerland’s diminishing band of mid-sized private banks should consider teaming up with other firms to expand in Asia and tap into the business of managing the wealth of the region’s millionaires, according to the chairman of the
October 01, 2018
Succession planning
After amassing $30 tril, Asia's rich face succession pains
(Sept 26): Having a grandfather with four wives can make for some complex succession issues, as Cheong Wing Kiat found when running his family’s Singapore-based drug company a few years ago.
September 26, 2018
Global Markets
Emerging Asia hit by biggest foreign investor exodus since 2008
BANGKOK (June 18): A falling tide lowers all boats, it seems. Amid an exodus from emerging markets, investors are pulling out of even Asian economies with solid prospects for growth and debt financing.
June 18, 2018
Singapore economy
Singapore returns to world's top 20 most expensive list on a stronger Singdollar: ECA International
SINGAPORE (June 12): After its fall to 24th place last year, Singapore has now returned to the global top 20 most expensive cities in the world rankings, based on the findings of ECA International’s latest Cost of Living survey.
June 12, 2018
Here's how much a business trip to Singapore will cost you per day
SINGAPORE (Apr 17): It has become increasingly expensive for companies to send their staff on business trips on Singapore, finds a recent survey conducted by research firm ECA International.
April 17, 2018
Delfi acquires rights to Van Houten brand in key Asia markets
SINGAPORE (Apr 13): Chocolate confectionery company Delfi is acquiring a perpetual and exclusive license to the Van Houten brand of chocolate and cocoa products from Hershey Singapore, which is part of The Hershey Company, and Barry Callebaut AG for US$13
April 13, 2018
Fintech
Will regtech take over the global fintech landscape in coming years?
SINGAPORE (Apr 12): Regulation technology (regtech) is set to grow in the coming years, says financial services firm EY in its recent white paper.
April 12, 2018