Culture
UPS to cut another 30,000 jobs as it doubles down on turnaround
Published Tue, Jan 27, 2026 · 11:09 PM[WASHINGTON] United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last...
Indonesia’s 2025 GDP growth estimated at targeted 5.2%, finance minister says
Published Tue, Jan 27, 2026 · 09:20 PM[JAKARTA] Overall GDP growth in Indonesia is expected to have met the 5.2 per cent target for 2025 despite widespread destruction caused...
Hong Leong Asia proposes spinning off Guangxi Yuchai Marine and GenSet Power on HKEX
But the group cautions that the listing is still subject to requisite approvals from the relevant regulatory authorities[SINGAPORE] Hong Leong Asia on Tuesday (Jan 27) announced that Guangxi Yuchai...
Vietnam’s e-scooters rise on policy tailwinds, eroding gasoline bike sales
VinFast logged a jump of nearly six times in e-scooter sales in 2025, outpacing Honda’s marginal growth and a decline at Yamaha[HANOI] Gasoline-powered motorbikes are losing appeal in Vietnam,...
STI breaches 4,900; DBS, OCBC, UOL, Jardine Matheson end at record highs
[SINGAPORE] Singapore shares breached the 4,900 mark on Tuesday (Jan 27), with the record-breaking momentum buoyed by overnight gains on Wall Street, a flight to safe-haven assets and optimism...
Tax transparency and trust in the business ecosystem
Transparency has evolved into a defining pillar of good governance and public accountabilityMULTINATIONAL corporations worldwide are navigating a profound shift, compelled by new rules to disclose more about their...
Canada, India pledge to grow oil, petroleum trade in energy reset
The expansion of the Trans Mountain pipeline has opened a direct path for crude shipments to the Asian giantPublished Tue, Jan 27, 2026 · 01:16 PM[OTTAWA] Canada and India...
China starts world’s largest compressed-air power storage plant
The plant can generate 600 megawatts of power and meet the annual demand of 600,000 householdsPublished Tue, Jan 27, 2026 · 12:01 PMTHE world’s largest compressed-air power storage plant...
HSBC to shut Raffles Place branch amid deeper push into wealth management
The bank has three other wealth centres in the city-state, with one more to be added in February this yearPublished Tue, Jan 27, 2026 · 11:24 AM[SINGAPORE] HSBC Holdings...
Chandra Asri gets US$250 million loan to fund equity in Esso deal
The financing underscores how private credit funds and traditional lenders increasingly operate side-by-side in mergers and acquisitions in Asia-PacificPublished Tue, Jan 27, 2026 · 11:11 AM[SINGAPORE] Indonesian energy and...
