[ad_1] Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, England. Matt Cardy | Getty Images News | Getty…
Tag: southeast asia
Frasers Property Owners Could Sell Company as Part of Strategic Review
[ad_1] Updated Jan. 10, 2024 1:29 am ET Frasers Property’s majority owners could sell the company or some of its assets as part of a strategic review, people familiar with…
SAP to Pay More Than $220 Million to End Bribery Probes
[ad_1] Updated Jan. 10, 2024 4:39 pm ET SAP has agreed to pay more than $220 million to settle foreign bribery probes brought against the German software maker by U.S.…
Meituan Becomes No. 2 Hong Kong Food Service Months After Debut
[ad_1] Meituan has become Hong Kong’s second-largest food delivery platform since debuting in the city last May, a sign that splashy subsidies are boosting the company’s first major foray outside…
Singapore’s Economic Growth Picked Up in Fourth Quarter
[ad_1] SINGAPORE—Singapore’s economy grew at a faster pace in the fourth quarter of 2023, thanks to strong expansion across the construction, manufacturing and services-producing industries. Gross domestic product expanded 2.8%…
Morgan Stanley Plans Move to New Singapore Office in Growth Boom
[ad_1] Morgan Stanley plans to move to a new office in Singapore, seeking a bigger space in the city-state’s financial district to accommodate its expansion. The US firm is in…
Suntory Beverage & Food Exits Nonalcoholic Drinks Business in Indonesia
[ad_1] Suntory Beverage & Food is exiting its nonalcoholic beverage business in Indonesia after 12 years of selling bottled tea, jelly drinks and other products in the Southeast Asian country.…
Singapore Fines Credit Suisse for Bankers’ Misconduct
[ad_1] Dec. 28, 2023 12:08 am ET Singapore imposed a penalty of 3.9 million Singapore dollars (US$3.0 million) on Credit Suisse for failing to prevent or detect misconduct by its…
Singapore Directs Largest Bank DBS to Halt Acquisitions on Outage Fallout
[ad_1] Singapore’s financial regulator banned DBS Group Holdings Ltd. from acquiring new business ventures for six months and the bank will hold senior management accountable after a spate of digital…