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family businesses
Talk Shop
Passing the torch: EDL's Richard Lim on handing over to the next generation
The laminate company's founder and group CEO talks about running a family business and preparing his daughters to take over
September 06, 2024
Family business
World's 500 largest family enterprises made US$8.02 trillion in revenue over last two years
Of these families, 17 are from Southeast Asia.
April 24, 2023
Global review
Will Covid-19 spell the end of Asia's family businesses?
Things will get worse for these family businesses as bank and government support is slowly withdrawn.
February 04, 2021
Family business
Singapore gets new multifamily office with launch of Envysion
Envysion will provide a range of services to clients from helping them structure deals to lifestyle offerings such as yacht and private jet charters.
March 12, 2020
Family business
Family affairs
Billionaires are being minted at a slower pace in Asia, but the demand for professionals to manage their wealth remains strong, as contingencies have to be considered. Are family offi ces able to provide the much-needed service?
December 13, 2019
Investing strategies
Tolaram family office becomes fund management company, invests based on ESG principles
SINGAPORE (Dec 13): Like all family offices, the Tolaram Group family office, which manages the wealth of the Vaswani family, has its own investment arm. But since obtaining a capital markets services (CMS) licence in February, the Tolaram Group family of
December 13, 2019
Family business
CSOP aims to fill product gap with its family office offerings
SINGAPORE (Dec 13): Hong Kong-based CSOP Asset Management set up an office in Singapore just two months ago. As part of its asset management services, CSOP wants to service both family offices as well as its own family office set-up.
December 13, 2019
Family business
UOB launches 'The Business Circle' to help next-generation leaders of family businesses fast track growth
SINGAPORE (Sept 11): United Overseas Bank (UOB) on Wednesday launched The Business Circle, an initiative to prepare the next generation leaders of Asia’s family-led firms to run their businesses.
September 11, 2019
Family business
SMU survey highlights challenges for family businesses to grow and secure capital
SINGAPORE (Aug 17): A new survey on Singapore family businesses reveals that these businesses found it challenging to grow in spite of Singapore’s small market size.
August 16, 2019
Startups, Entrepreneurs, Digital economy
Local family businesses ready to embrace next-gen technologies, but less confident in talent: SAP
SINGAPORE (Feb 28): Local family businesses are most confident in utilising data analytics to drive their business success, as they prepare to put aside their traditional business models to meet future challenges with next-generation technologies.
February 28, 2019