The Government’s Shameful Stake in the Gambling Glut
State governments shouldn’t profit from gambling addiction. Source link
Section
Culture
End the Paperwork Tax on Investors
The SEC should act now. Source link
Democrats Caved on the Shutdown
But Republicans will suffer longer-term if they continue to ignore health care policy. Source link
This wealthy California town built affordable housing in an unusual location
Affordable housing has gone in search of collaborations. Across the country, developers and cities have found a solution in pairing housing with unexpected projects to save money and build…
The Former Staffer Calling Out OpenAI’s Erotica Claims
When the history of AI is written, Steven Adler may just end up being its Paul Revere—or at least, one of them—when it comes to safety. Last month Adler, who spent four years in various…
UOB outlook lags that of DBS, OCBC amid spotlight on asset quality in Q3
Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income The market outlook for UOB has turned cautious compared with that for DBS and OCBC,…
CapitaLand Ascendas Reit to divest logistics property in Australia for S$90 million
Sale consideration is a 17.2% premium to the original purchase price of S$76.8 million when the property was acquired in 2015 CapitaLand Ascendas Reit (Clar) is divesting a logistics…
Prime US Reit raises distributable income payout ratio to at least 50%; records lower Q3 income
A distribution of only 10% of the distributable income has been declared for the last two one-year periods since Jul 1, 2023, the manager notes The manager of Prime US Reit on Tuesday (Nov…
Trump’s Quiet Giveaway to His Big Business Cronies
Partly—but only partly—this was the result of President Donald Trump’s 2017 tax cut, which lowered the top corporate tax rate from 35 percent to 21 percent and eliminated the corporate…
Voters Hate Trump. Good. But Democrats Should Take No Solace in That.
First, in the short-term, Zohran Mamdani needs to understand his situation. By not only winning the mayoral race in the media capital of the country but becoming a leading character in…
SBS Transit Q3 earnings fall 20.6% due to lower interest income
Revenue is also lower due to the loss of the Jurong West contract package to SMRT in September 2024 Bus and train operator SBS Transit’s Q3 net profit fell 20.6 per cent year on year to…
KKR, Singtel seek S$5 billion loan for STT GDC buyout: sources
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data-centre sector A consortium comprising of KKR and Singapore Telecommunications (Singtel) is in…
How to deal with grief at work
In September, my mom died after a short battle with colon cancer. She was 83 and lived a full life in which she had a fulfilling career in education, traveled the world visiting 100-plus…
Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report
The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution The next generation of Asian families often have different…
STI rises on Tuesday amid mixed regional performance
The index closes up 1.2% or 54.07 points at 4,542.20 while the iEdge Singapore Next 50 Index rises 0.5% or 7.11 points to 1,456.04 The Straits Times Index (STI) closed up on Tuesday (Nov…
As Malaysia ringgit rallies against the Singapore dollar this year, where will it go next?
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar The Malaysian ringgit has rallied about 7 per cent in the year to date against the US dollar,…
Carsome-owned CarTimes launches Wuling’s commercial vehicle brand Linxys in Singapore
The brand debuts with two electric vans, including the city-state’s first fully electric micro van Linxys, a fully electric commercial vehicle brand from China, debuted in Singapore on…
Wuling’s commercial vehicle brand Linxys makes South-east Asia debut in Singapore with Carsome subsidiary CarTimes
The brand debuts with two electric vans, including the city-state’s first fully electric micro van Linxys, a fully electric China commercial vehicle brand from state-owned carmaker Wuling,…
This TikTok trend captures the delight of intergenerational work friends
For the first time in history, five generations are sharing the workplace. But grouping different generations under one roof doesn’t have to cause friction. Sometimes it means unlikely…
How AI became the scapegoat for the current wave of mass layoffs
With a new season of mass layoffs upon us, it seems corporate America has found a new scapegoat. When Amazon recently disclosed that upcoming layoffs would impact 14,000 corporate jobs,…
Singapore’s Pulau Bukom to house new sustainable aviation fuel plant by Aster, Aether Fuels
The move comes amid a deal spree by Aster, a joint venture between Indonesia’s Chandra Asri and commodities trader Glencore Refining and chemicals player Aster and startup Aether Fuels…
Stop saying ‘how are you?’ and try these greetings instead
Every encounter with another person is an opportunity to shape that relationship. The first words out of your mouth are key in establishing the goodwill we all crave. Unfortunately, too…
Straits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for S$40.5m
Mainboard-listed Straits Trading announced a partnership with Cromwell Property Group on Tuesday (Nov 11) to grow its Australian industrial and logistics platform. Under the deal, Cromwell…
5 free Windows apps that outperform the built-in ones
It’s not the coolest phrase in the world to utter, but here goes: I love Windows. Maybe you do too. Maybe you don’t, but you’re forced to use it for work. Whatever the case, for all its…