Rising demand set to turn SE Asia into net importer of fossil fuels

SOUTH-east Asia is on the verge of becoming a net importer of fossil fuels for the first time as rising fuel demand, especially for oil, has far outpaced regional production, warned the International Energy Agency (IEA) on Wednesday.

Online spend in South-east Asia to outpace growth of digital consumers threefold

ONLINE spend in Southeast Asia is projected to outpace the growth of digital consumers by a factor of three, with clothing and personal care emerging as two of the leading categories.

Champion Asean as an integrated market of 600m: Chan Chun Sing

BUSINESSES need to be prepared to operate in either a scenario where there is greater global integration and higher trajectory growth, or in the alternative scenario where the world could fragment into two or more pieces and end up in a slower growth trajectory, said Minister for Trade and...

UL moves international HQ to Singapore to ride demand from Asia

With Asia continuing to be the fastest growing component of UL's business, putting it on the path to constituting the majority of both the group's business and employment, it was a "logical" decision to move the international headquarters to Singapore said CEO Keith Williams. 

Powering social good

ASK Kojin Nakakita to talk about himself and the chairman of Hitachi Asia immediately says he is an ice hockey player, after opening with a rather enigmatic "I've had a bit of a different life from everyone else".

Venture capital fundraising in Asean is on course to match 2018 record

ASEAN-focused venture capital (VC) fund-raising is on course to match the record figures reached last year, even as buyout deal values are falling amid a challenging macroeconomic environment, said Preqin, a data source on alternative assets.

BT EXCLUSIVE: ASEAN BUSINESS

Singapore startups tapping new buzz in Indonesia as test bed

EVEN as Indonesia churns out its own startups, an increasing number of Singaporean startups are looking to the country as a launchpad to test their business model.

BT EXCLUSIVE

Asean offers silver lining for logistics players as global trade slows

SOUTH-EAST Asia has emerged as a key investment target for logistics players as US-China trade tensions reroute the flow of goods and services in the region.

ASEAN BUSINESS

How will a rising Asia lead the way?

ONLY 18 per cent of today's goods trade involves exports from low-wage, traditionally Asian countries, into high-wage countries. This figure is not only far smaller than most people assume, but it is declining across many industries.

ELECTRIC VEHICLES

Electric cars in Asean economies: a slow evolution

ELECTRIC vehicles will be one of Asean's largest growth segments in the next decade. But the evolution will be a slow one, and likely be led by commercial fleets, two-wheeled vehicles or a disrupter taking a new approach, unlike elsewhere where passenger vehicles pave the way.

SMEs' next big investment push: transformative technology

INVESTMENT in technology is reaching a key milestone, according to a new EY report which found that small and medium enterprises across South-east Asia (SEA) expect to make investments in transformative technologies an investment priority over current technologies in as little as three years....

BT EXCLUSIVE

Intra-Asean flows gain ground even as US, China trade blows

EVEN as all eyes are trained on US-China trade tensions and the possibility of a global recession, trading within the region has been trending upwards.

TRADE WAR

Asean businesses can play more active role to set agenda amid US-China dispute

BUSINESSES can play a more significant role in advocating for reinforced cohesion between Asean members, amid escalating US and China trade tensions which could last for some time, said Trade and Industry Minister Chan Chun Sing on Tuesday.

BT EXCLUSIVE

Singapore business body pushing for fair rent terms from private landlords

THE Singapore Business Federation (SBF) is in the midst of a last big push to get private landlords to support and adopt the tenets outlined by the Fair Tenancy Framework even as they look to introduce more best practices.

Short rental cycles resulting in 'hit-and-run' business practices, says IndoChine boss

MICHAEL Ma, founder of the IndoChine group of hotels, eateries and clubs, has been vocal about his dismay at the decision made by Gardens by the Bay not to renew the IndoChine Supertree lease.

My SME Story Ep 5: XM Studios

We speak to Ben Ang and Bryan Tan, the co-founders of XM Studios, a design studio which designs and produces handcrafted cold-cast porcelain statues of pop culture brands such as Marvel, DC and Transformers.

XM Studios constantly pushing boundaries

"WE are often labelled as crazy people because we do crazy stuff," declares Bryan Tan with a certain modicum of pride. "Sometimes the toys we make are not meant for the general public. Like S$6,000 statues that are larger than the two of us combined - who is going to buy that?...

ASEAN BUSINESS

Freshworks launches Asean hub in Singapore

SOFTWARE-as-a-Service firm, Freshworks, has launched its first regional hub for the Asean market in Singapore, from which it intends to more fully engage the region, both by ramping up brand awareness and adoption, and by increasing its network of partner resources to meet accelerating customer...

Freshworks takes on Asean on the back of rapid expansion

Software-as-a-Service firm, Freshworks, has launched its first regional hub for the ASEAN market in Singapore, from which it intends to more fully engage the region, both by ramping up brand awareness and adoption, and by increasing its network of partner resources to meet accelerating customer...

ASEAN BUSINESS

Ramping up the fight for renewable energy

FOR all of the pride Atem Ramsundersingh feels about finally being able to unveil the fruits of the past six years of labour, the picture is still not perfect.

Ramping up the fight for renewable energy

For all of the pride Atem Ramsundersingh feels about finally being able to unveil the fruits of the past six years of labour, the picture is still not perfect.

PARLIAMENT

Josephine Teo urges CPF Board to fine-tune communication

MORE can be done to improve communication between the Central Provident Fund (CPF) Board and its members, starting with a review of letters sent to members who are approaching their Payout Eligibility Age (PEA) and increasing opportunities for in-person interactions, said Manpower Minister...

SINGAPORE BUDGET 2019

Budget to focus on helping companies embrace tech, train workers to lift productivity: Heng

IT is imperative that enterprises continue to deepen their capabilities so they can stay competitive and seize opportunities that continue to grow in Asia.

My SME Story Ep 2: Big Tiny

In today's episode, we speak with Adrian Chia, one of three co-founders of Big Tiny, the first company in Singapore to integrate the concept of tiny houses with eco-tourism....

Asean CEOs' business outlook dimmer than global peers'

CHIEF executive officers (CEOs) across Asean are harbouring greater pessimism than their global peers, in a stark turnaround from previous years, when they were more optimistic.