New Ventures: By focusing on value, SEA startups can build models that resonate with consumers

Mr. Philip Yeo will retire from his position as a director of City Developments Limited (CDL) on July 31 after 16 years, with no unresolved differences noted in CDL's board. His retirement follows a recent boardroom dispute involving CDL's executive chairman and his son, which included accusations and a lawsuit that was later dropped, highlighting tensions within the company's leadership. Explain It To Me Like I'm 5: Philip Yeo is retiring from his job at...

Read a summary of this article on FAST. Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: The Monetary Authority of Singapore (MAS) reported a net profit of S$19.7 billion (US$15.4 billion) for the financial year ending March 31, a significant increase from S$3.8 billion the previous year. While investment gains were strong, MAS cautioned about potential future impacts...

SINGAPORE: St Joseph's Institution International (SJII) is still investigating the death of 15-year-old student Jenna Chan during a school trip to the Maldives, pending findings from local authorities. The Ministry of Education, satisfied with SJII's safety processes, will not conduct its own investigation but continues to support the family and engage with the school's board. Explain It To Me Like I'm 5: A school in Singapore is still looking into what happened to a 15-year-old...

Las Vegas Sands held a groundbreaking ceremony for its US$8 billion expansion of Marina Bay Sands, officiated by Prime Minister Lawrence Wong. The project, featuring a new 55-storey hotel tower and the "Skyloop," aims to enhance luxury tourism and sustainability while doubling initial costs, with completion expected by June 2030. Explain It To Me Like I'm 5: Las Vegas Sands is building a big new hotel and fun place at Marina Bay Sands in Singapore...

A 26-year-old man, Chua Jing Yuan, was charged with attempted murder for allegedly slashing a 29-year-old woman, Choong Wen Ting, at Kallang Wave Mall in Singapore, inflicting injuries to her neck and chest. The attack occurred early Monday morning, and the woman is currently in stable condition, while Chua faces potential life imprisonment if convicted. Explain It To Me Like I'm 5: A man tried to hurt a woman with a knife in a mall,...

Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: We’ve all seen the headlines: Crystal Jade La Mian Xiao Long Bao closes after 20 years in Holland Village. Wala Wala Cafe Bar ends its 32-year run. Ang Yong Seh, the 65-year-old co-owner of Xin Ming Road Bak Kut Teh dies after working 18-hour...