Sunday, 29 Nov 2020

Business

Passing on property as an inheritance

Maybe you own a condominium or a Housing Board flat, and you want to leave that property to the next generation. In all likelihood, you will need a will, a family trust or life estate. According to Ms Jacintha Pillay, a partner at Sim Mong Teck & Partners, there are several intricacies of inheritance laws […]

Cadet pilot and friends aim to inspire next generation of aviators

Cadet pilot Jason Koor’s flying ambitions may have been put on hold for the next few years due to the coronavirus outbreak, but the 26-year-old is using this downtime to inspire the next generation of aviators. Mr Koor, along with two friends, incorporated aviation enrichment company Aircademy last month. It hopes to help youth who […]

Flying dreams on hold, cadet pilot diverts energies to nurturing young aviators

SINGAPORE – Cadet pilot Jason Koor’s flying ambitions have been put on hold for the next few years due to the coronavirus pandemic, but the 26-year-old is using this downtime to inspire the next generation of aviators. Mr Koor, along with two friends who share his passion, incorporated aviation enrichment company Aircademy last month. Please […]

Dyson plans $4.9b in investments across Singapore, UK, Philippines

British technology company Dyson is planning to have a new advanced manufacturing hub in Singapore as part of £2.75 billion (S$4.93 billion) worth of investments in the Republic, the United Kingdom and the Philippines. The investments will double Dyson’s portfolio of products and go towards its venture in new fields by 2025, with the hiring […]

Ashley offers Green £50m lifeline amid tussle over Arcadia millions

Mike Ashley is offering a £50m lifeline to keep Arcadia Group afloat amid a looming tussle between the high street’s biggest beasts for control of Sir Philip Green’s TopShop empire. Sky News has learnt that Mr Ashley’s Frasers Group has drawn up plans for an emergency loan to Arcadia just hours before its board appoints […]

How ‘The Emp’s’ clothing empire went from riches to rags

Even 10 years ago it was impossible to think that Sir Philip Green’s retailing career would be ending in the way it appears to be. The tycoon was the undisputed king of the high street, owner of a vast and profitable retail empire that straddled the BHS department store chain and Arcadia, owner of storied […]

Exclusive: VW CEO pushes for contract extension in vote of confidence move – sources

FRANKFURT (Reuters) – Volkswagen Chief Executive Herbert Diess has asked the families who control a majority voting stake to back a contract extension in a bid to break a deadlock at the world’s largest carmaker, two people familiar with the matter said.FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess gestures as he speaks during […]

Deutsche Bank sees trade finance at pre-COVID levels by mid-2021

FILE PHOTO: The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File PhotoFRANKFURT (Reuters) – Deutsche Bank forecasts trade financing will rebound to pre-COVID levels by the middle of next year, an executive said on Friday. “Since the news that a COVID-19 vaccine might be broadly available in the […]