British Land CEO Carter set to leave to lead GIC-backed P3 Logistics

British Land CEO Carter set to leave to lead GIC-backed P3 Logistics

[BENGALURU] British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group said in a statement on Monday (Jan 12). During Carter’s tenure, British Land has expanded its retail park portfolio to offset valuation pressures on its commercial assets resulting from the Covid-19…

Read More

Thomson Medical appoints Tong Kooi Ong as board chairman

Thomson Medical appoints Tong Kooi Ong as board chairman

The Malaysian businessman succeeds Ng Ser Miang, who steps down on Jan 31 after a decade [SINGAPORE] Mainboard-listed Thomson Medical Group has appointed Malaysian businessman Tong Kooi Ong as its independent, non-executive chairman to its board, effective Feb 1, 2026. He succeeds Ng Ser Miang, 76, who steps down on Jan 31, the healthcare player…

Read More

Angel Massie tells ‘VRT’ about her first season of ‘RHOP’ — including feuds with Ashley, Gizelle and Wendy

Angel Massie tells ‘VRT’ about her first season of ‘RHOP’ — including feuds with Ashley, Gizelle and Wendy

“Real Housewives of Potomac” newbie Angel Massie stopped by the Page Six studio to chat with “Virtual Reali-Tea” co-hosts Danny Murphy and Evan Real, unpacking all the drama she navigated while filming her first season of the hit Bravo reality show. Angel clapped back at onscreen foes Ashley Darby, Gizelle Bryant and Dr. Wendy Osefo,…

Read More

Beijing looms large over Singapore-based Manus’ deal with Meta

Beijing looms large over Singapore-based Manus’ deal with Meta

The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path [SHENZHEN] It took just 10 days for Meta’s acquisition of Manus to run into Beijing’s cross hairs, months after the Chinese-founded artificial intelligence (AI) start-up moved to Singapore without apparent incident. China is reviewing whether the reported US$2.5…

Read More

Heineken’s Van den Brink to step down as CEO

Heineken’s Van den Brink to step down as CEO

[LONDON] Dutch brewer Heineken said on Monday (Jan 12) that its chief executive officer Dolf van den Brink will step down on May 31, after nearly six years of leading the company. Van den Brink, who took the helm at the world’s No 2 beer maker in the midst of the Covid-19 pandemic in June…

Read More

Iran’s ‘distinctive’ drone deployment sees death toll soar amid violent protests

Iran’s ‘distinctive’ drone deployment sees death toll soar amid violent protests

Iran’s crackdown on nationwide protests continued Sunday, with reports of mass killings as demonstrations spread across the country amid warnings of drone surveillance. The Center for Human Rights in Iran claimed a “massacre was unfolding,” while the Human Rights Activists News Agency (HRANA) reported “surveillance drones flying overhead and movements by security forces around protest locations,…

Read More

China battery shares drop on plan to cut export tax rebates

China battery shares drop on plan to cut export tax rebates

From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027  [HONG KONG/SINGAPORE] Chinese battery shares fell after Beijing unveiled a plan to reduce some export tax rebates, while South Korean materials companies advanced. Contemporary Amperex Technology Limited (CATL) led the drop with a decline…

Read More

South Korea makes checks on increasing US dollar deposits as won falls

South Korea makes checks on increasing US dollar deposits as won falls

[SEOUL] South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank sources said on Monday (Jan 12), amid growing expectations of extended weakness in the won. Foreign exchange authorities held a meeting with the seven banks on Wednesday to make checks on foreign deposits and…

Read More

Europe and China’s feud over chips is reaching a breaking point

Europe and China’s feud over chips is reaching a breaking point

Since a Dutch court intervened in Nijmegen-based Nexperia’s ownership in October, the stand-off has threatened to disrupt car production in Europe and around the world [BEIJING] An effort by Europe to stand up to China and retain local technology is approaching a breaking point. In a fight over a critical link in the global supply…

Read More