Entrepreneurship

Sembcorp to miss 2025 target on green business profits, drops metric from 2028 strategy
Management will not receive compensation tied to this particular sustainability goalSEMBCORP Industries will miss one of its 2025 strategic targets of having 70 per cent of its net profit...
Your iPad Could Be Your Best Employee
Ever thought your iPad could be more than just a gadget for watching videos or playing games? Believe it or not, it could be your next best employee. With...
Affidavits: When You Need One and How to Get It Right
Ever found yourself tangled in legal matters and heard the term ‘affidavit’ thrown around? It’s more common than you think. Affidavits are those official documents where you write down...
Volkswagen sues India to quash ‘enormous’ US$1.4b tax demand, legal filing shows
Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of US$1.4 billion, arguing that the ask is contradictory to New Delhi’s import taxation rules for car...
Trump tariffs target loophole used by Chinese online retailers
President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less...
Singapore-based office S-Reits report stronger operational performance
ACCORDING to data from JLL, leasing activities in quality office developments in Singapore improved in the fourth quarter of 2024. Rental and capital values are expected to stay stable...
AstraZeneca cancels UK plant after subsidies cut
BRITISH pharmaceutical giant AstraZeneca said on Friday (Jan 31) that it was abandoning plans to build a £450 million (S$756.9 million) vaccine plant, a major blow to the Labour...
OpenAI releases cheaper model o3-mini in wake of DeepSeek
OpenAI rolled out a new, lightweight artificial intelligence (AI) model that it said is capable of human-like reasoning and makes gains on efficiency – a product that will be closely watched following the release of...
Samsung warns of slow AI chip sales in Q1, hurt by US restrictions on China
SAMSUNG Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export restrictions to China, and as it worked towards...
Musk-Trump bromance turns X debt from burden to asset for Morgan Stanley
JUST a few months ago, Morgan Stanley was stuck with billions of US dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter. It...
BOJ must maintain monetary support, says governor Ueda
BANK of Japan (BOJ) governor Kazuo Ueda said on Friday (Jan 31) that the central bank must maintain loose monetary policy to ensure underlying inflation gradually accelerates towards its...
Nissan, Honda to announce direction of possible integration by mid-February, Nissan says
NISSAN Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the...