Category: Business

Knight Frank warns that a saturated market is fuelling unsustainable competition, business failures, and rent pressures across the sectorThe ongoing surge in food and beverage (F&B) outlets across Singapore may be doing more harm than good, with Knight Frank cautioning that unchecked expansion is straining operators, diners, and the wider retail ecosystem.According to a report …

Telus to cut 2,000 jobs following Meta’s decision to shift operations away from Spain, unions confirmAround 2,000 employees are being dismissed from a major content moderation centre in Barcelona after Meta Platforms, the parent company of Facebook, reportedly terminated its contract with Telus International, a Canadian tech firm.Local trade unions CCOO and UGT confirmed that …

Survey Highlights Long Travel Times as a Major Source of DissatisfactionA recent survey conducted by YouGov for Budget Direct Insurance has revealed that 95% of Singaporeans consider commuting time an essential factor when searching for new job opportunities. The study, which included responses from 1,055 individuals, found that workers in Singapore experience higher dissatisfaction levels …

While brand loyalty remains strong, analysts warn Trump’s tariffs may influence Singapore’s marketTesla owners in Singapore appear largely indifferent to the impact of US politics on the carmaker, even as Elon Musk’s support for President Donald Trump has sparked controversy, declining sales, and protests abroad. Despite Tesla’s tarnished reputation in parts of Europe and the …

Starboard Value nominates three directors, citing cost concerns and governance issuesActivist investment firm Starboard Value has nominated three candidates for Autodesk’s board, reigniting a battle over the company's financial strategy. The nominees, announced on Wednesday, include former Cadence Design Systems CFO Geoff Ribar, Deloitte & Touche senior partner Christie Simons, and Starboard’s CEO Jeff Smith.Holding …

Companies prioritise quality and efficiency as AI and flexible work reshape office demandOffice rents in Singapore’s Central Business District (CBD), particularly in Raffles Place and Marina Bay, held steady at $11.36 per square foot per month in the first quarter of 2025. While unchanged from the previous quarter, this reflects a 1.4% year-on-year increase, as …

BX Digital to introduce blockchain-based asset trading with direct settlement in SwitzerlandSwitzerland’s financial regulator, FINMA, has granted a licence to BX Digital, a subsidiary of the Stuttgart Stock Exchange, to launch a blockchain-based trading system. The announcement was made on Tuesday.The new platform will facilitate direct asset transfers and settlements on the Ethereum blockchain, eliminating …

The Billionaire Property Magnate Leaves Behind a Legacy of Real Estate Success and PhilanthropyHong Kong property tycoon Lee Shau Kee, founder of Henderson Land, passed away on Monday (Mar 17) at the age of 97, the company confirmed in a statement.From Modest Beginnings to Property GiantBorn into a family that owned gold and silver businesses …

A Strategic Collaboration to Streamline Ad Spending and Maximise Business GrowthIn a bid to enhance financial management and digital marketing strategies, YouBiz has teamed up with TikTok for Business to offer innovative solutions tailored for e-commerce brands.This partnership aims to simplify advertising budget allocation, minimise financial inefficiencies, and foster long-term business expansion. By integrating YouBiz’s …

Regulators in France are set to rule on Apple’s App Tracking Transparency tool, which has drawn criticism from digital advertisers.Apple is likely to face an antitrust fine in France as the country’s regulatory authority prepares to deliver a ruling next month on the company’s App Tracking Transparency (ATT) feature, according to sources familiar with the …