Nippon Paint Holdings, the world’s fourth largest paint manufacturer, has struck a S$ 16.7 billion deal with Goh Cheng Liang’s Wuthelam Holdings in a bid to build the largest paints and coatings company in Asia. Wuthelam will be buying majority stakes in Nippon Paint, which will use the capital to …
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Entrepreneur Samuel Chua takes the concept of “multi-tasking” to a whole new level. The Singaporean co-founded Singapore’s first ‘happy hour’ app while holding down a full-time job and running another tech startup. Named ULO, the new ‘happy hour’ app is a booking platform that offers up to 70 per cent …
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As Singapore transitions into the fourth quarter of the year, it has become apparent that the retail sector’s recovery is likely to be slow and lengthy. Within the first few months of 2020, Singapore saw various brands leaving its shores and opting to move online instead. It was announced that …
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Stepping into Frankie Yeo’s workspace is almost like entering a whole different world. Located in a nondescript industrial area in MacPherson, the Mascots and Puppets Specialists office is jam-packed floor to ceiling with mascots and puppets. They consist of all sorts of shapes and sizes, and are born from years …
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Forbes recently unveiled its list of 2020 Forbes Singapore Rich List, which highlighted the top 50 richest in Singapore. One interesting finding is that all three of Sea’s co-founders are included in the list. Chairman and CEO Forrest Li added US$ 5.53 billion to his wealth and entered the ranks of …
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Earlier this month, business magazine Forbes released its 2020 Forbes Singapore Rich List, which highlights the top 50 richest in Singapore. Sam Goi, chairman of frozen foods manufacturer Tee Yih Jia Foods (TYJ), ranked 18th in the list. As of 4 September 2020, his net worth stands at S$ 2.56 …
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Kishin RK, the only son of Singaporean real estate magnate and Royal Holdings co-founder, Raj Kumar, is Singapore’s youngest billionaire at only 37 years of age. The Royal Brothers property empire was founded in the 1970s. Raj, 66, had formed Royal Holdings when he and his brother Asok Kumar Hiranandani, divided their Royal …
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When the topic of pets is mentioned, we are likely to conjure up images of dogs and cats, or rabbits and hamsters. However, founder of Singapore’s first brick-and-mortar ant shop John Ye, has a different concept of what he would have as an ideal pet. The 41-year-old is a huge …
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Boeing Asia Pacific Aviation Services (Bapas), a joint venture between The Boeing Company and SIA Engineering Company, will be retrenching 13 per cent of its workforce. 27 employees of the 204-strong workforce at Bapas will be affected by the retrenchment exercise. After the retrenchment exercise, 82 per cent of its …
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