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business expansion
Bank of Singapore seeks to expand its family office business
(Mar 16): Bank of Singapore, the private bank of Oversea-Chinese Banking Corp., is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors.
March 16, 2018
Acromec diversifies into renewable energy sector; expands into Indonesia
SINGAPORE (Mar 14): Acromec has incorporated two companies to diversify into a new sector and a new country.
March 14, 2018
BreadTalk partners Wu Pao Chun Bakery to expand into 4 major China cities
SINGAPORE (Mar 12): BreadTalk announced that its wholly-owned subsidiary, Shanghai Star Food F&B Management has entered into a joint venture agreement with Taiwanese bakery brand, Wu Pao Chun Food (WPC), to operate the Wu Pao Chun brand of bakeries in Bei
March 12, 2018
M&A
Tat Seng Packaging acquires land in Nantong for $4.53 mil to expand China business
SINGAPORE (Feb 26): Tat Seng Packaging says that its subsidiary, Nantong Tat Seng Packaging, was awarded the tender of a piece of land located in Xiting Town, Nantong, China, subject to the agreement to be signed, for a consideration of RMB 21.9 million (
February 26, 2018
DBS launches team to cater to more retail F&B SMEs expanding overseas
SINGAPORE (Feb 12): DBS has established a dedicated team to cater to the financial needs of local Food & Beverage and food manufacturing companies expanding overseas.
February 12, 2018
M&A
ComfortDelGro expands footprint in Wales by acquiring New Adventure Travel for $25 mil
SINGAPORE (Feb 7): ComfortDelGro is acquiring South Wales bus and coach operator New Adventure Travel (NAT Group) for £13.4 million ($25.0 million) to expand its bus and coach operations in UK.
February 07, 2018
BreadTalk and Song Fa to open first bak kut teh restaurant in Shanghai Jing An Kerry Centre
SINGAPORE (Jan 26): BreadTalk and Song Fa is opening the first Song Fa restaurant in Shanghai's Jin An Kerry centre today.
January 26, 2018
IE and SPRING help local furniture retail firm Castlery expand to Australia
SINGAPORE (Dec 6): Castlery, a local furniture retail company, has expanded its business to Sydney, Australia with support from International Enterprise (IE) Singapore and SPRING.
December 06, 2017
Management & Corporate Governance
Fewer Singapore CEOs eye global expansion compared to regional counterparts
SINGAPORE (Nov 8): Only 61% of CEOs in Singapore expect to expand globally over the next three years, compared to 72% of CEOs within the Association of Southeast Asian Nations (ASEAN) planning to do the same.
November 08, 2017