How Devi Sahny Left Banking to Build a Multi-Million-Dollar EdTech Business At just 23, Devi Sahny made a bold decision that changed her life. The Belgium-born, US-educated entrepreneur walked away from a promising career at Goldman Sachs to pursue her passion for education—moving to Singapore despite having no connections there. A Shift from Finance to...
Taiwanese Chipmaker’s New Fab to Boost Production and Generate 700 Jobs in Engineering and R&D Taiwanese semiconductor giant United Microelectronics Corp (UMC) has inaugurated a US$5 billion (S$6.7 billion) wafer fabrication facility in Pasir Ris, Singapore, marking a significant expansion of its operations. The investment is expected to generate approximately 700 new jobs in areas...
Investors react to potential escalation of trade tensions as President Trump suggests tariffs could affect all nations. Stock markets around the world experienced significant declines on Monday, as US President Donald Trump’s comments about potential tariffs raised concerns of a prolonged trade war. The downturn began after Trump suggested that new tariffs, expected to be...
Hotpot Chain Clarifies That the Employee’s Earnings Are Exceptional and Not Indicative of Average Pay A Haidilao employee has gone viral after revealing that he earns $10,000 a month in a TikTok video, sparking curiosity about the pay at the popular Chinese hotpot chain. In the video, Ronghui, a trainee store manager at the Dhoby...
Singapore Post Completes A$1 Billion Deal with Pacific Equity Partners, Reaping Significant Gains Singapore Post (SingPost) has finalised the sale of its Australian logistics division, Freight Management Holdings (FMH), to private equity firm Pacific Equity Partners for A$1 billion (approximately S$845 million), the company confirmed on Thursday, 27 March 2025. This transaction has generated gross...
A new study highlights how being ‘seen and heard’ in the workplace enhances employee engagement, creativity, and retention, driving company growth. A recent study conducted by Quantum Connections reveals a significant link between employees feeling valued by their supervisors and improved business performance. The research, which surveyed over 12,000 workers across 49 industries, shows that...
The central bank pauses rate cuts as the UK faces economic stagnation and rising global tensions. The Bank of England has decided to maintain its interest rate at 4.5%, citing persistent inflationary pressures and growing global economic instability. This move follows three previous rate reductions over the past year, as the central bank seeks to...
Singapore High Court Rules Against Former Hayate Partners Executive for Breaching Confidentiality A former senior executive of Hayate Partners Pte Ltd, a Singapore-based fund management firm, is embroiled in a legal dispute following allegations of downloading confidential company files before resigning. Rajan Sunil Kumar, who served as the Head of Investor Relations from December 2019...
With RTS Link Completion on the Horizon, Singapore Aims to Boost Local Economy and Attract Malaysian Shoppers As the Johor Bahru-Singapore RTS Link nears 50% completion and is set for launch in 2026, Singapore has formed a new task force to help local businesses capitalise on the opportunities it presents. The task force, which will...
Asda’s Price Cuts Spark Concerns for Tesco, Sainsbury’s and M&S Profitability Shares in Tesco, Sainsbury’s, and Marks & Spencer have dropped by more than £3.5bn since Friday, following growing concerns that Asda will escalate the UK’s supermarket price war. Tesco, the largest of the three, suffered the largest decline, with its share price falling by...