Culture
MPACT should sell Festival Walk or merge to get more Singapore-centric
SINGAPORE’S largest mall, VivoCity, with over a million square feet of lettable area, is much loved by shoppers. However, the mall’s owner – Mapletree Pan Asia Commercial Trust (MPACT)...
Lamborghini quarterly revenue up 29.6% as hybrid models boost deliveries
Published Tue, May 6, 2025 · 05:27 PM[ROME] Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion),...
Fashion retailer Hugo Boss reports better-than-expected Q1 revenue
The company posted first-quarter revenue of 999 million euros (S$1.46 billion), slightly below the 1.01 billion euros a year earlierPublished Tue, May 6, 2025 · 04:01 PM[BERLIN] German fashion...
Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor
[SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution network....
Why a US-listed video game firm is paying a premium to take Ban Leong private
[SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution network....
DoorDash agrees to buy Deliveroo in US$3.9 billion deal
Published Tue, May 6, 2025 · 03:30 PM[LONDON] DoorDash has agreed to buy UK-based food-delivery platform Deliveroo for an equity value of about US$3.9 billion, as the US company...
Maybank lowers target price of CSE Global to S$0.58 but remains ‘top pick’
[SINGAPORE] Maybank securities analyst Jarick Seet cut his target price for systems integrator CSE Global to S$0.58 from S$0.67 in the light of fierce tariffs by US President Donald...
Keppel DC Reit names Low Huan Ping as lead independent director amid board changes
[SINGAPORE] Keppel DC Real Estate Investment Trust (Reit) has announced director Low Huan Ping as new lead independent director and chairman of nominating and remuneration committee, as Kenny Kwan...
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
[HONG KONG] One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s planned Hong Kong initial public offering...
Accounts Payable: Pay Now or Pay Later?
Managing accounts payable (AP) is a vital part of running a business. It involves tracking what a company owes its suppliers for goods and services received on credit. Understanding...
Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
The Mumbai-based bank also counts private equity firms Carlyle Group and Advent International as minority investors Published Tue, May 6, 2025 · 01:02 PM[MUMBAI] Sumitomo Mitsui Financial Group (SMFG), Japan’s second-biggest...
