Category: Business

Business

Fei Zhu Lok Lok to Close All Singapore Outlets on Sept 13 as Phyllis Seah Says F&B Industry Is “Really, Really Tough”

Singapore’s lok lok scene is losing one of its better-known homegrown names. Fei Zhu Lok Lok, founded by local influencer and entrepreneur Phyllis Seah and her childhood friend Goh Jue Ying, has announced that it will close its remaining outlets on Sept. 13, 2026. The announcement came on Sept. 1, with the business saying it was making the decision “with a heavy heart” after years of serving Malaysian-style lok lok in Singapore. But Seah's follow-up message revealed the bigger story behind th

September 2, 2026

Business

Mexico Reopens Japan Steel Dumping Fight After Imports Surge 35-Fold — The 2024 Decision Behind It Is Back in Focus

MEXICO CITY — Mexico has reopened a potentially consequential trade battle with Japan over steel, launching an anti-dumping investigation after authorities found preliminary evidence that imports of Japanese steel plate surged dramatically while entering the Mexican market at prices substantially below those charged by domestic producers. Mexico’s Economy Ministry formally opened the investigation in a resolution published in the Diario Oficial de la Federación on September 2, following a compl

September 2, 2026

Business

THAILAND’S SOLAR SHIELD: 1 Million Homes Targeted as LNG Prices Put Energy Security at Risk — What Comes Next?

BANGKOK — Thailand is accelerating its push into rooftop solar as the government looks to protect households from volatile energy prices and reduce the country's heavy dependence on imported liquefied natural gas (LNG). Energy Minister Akanat Promphan said Thailand plans to help install 5 gigawatts (GW) of rooftop solar capacity within one year, with the program potentially reaching around 1 million households. The initiative comes as geopolitical tensions in the Middle East have exposed the v

September 2, 2026

Business

Dell’s AI Server Orders Hit $60.9 Billion—But the $95 Billion Backlog Is the Number Wall Street Can’t Ignore

Dell Technologies has delivered one of the clearest signals yet that the global artificial intelligence infrastructure boom is still accelerating, sending its shares sharply higher after the computer and server giant unveiled record quarterly results and dramatically upgraded its financial outlook. Dell shares climbed nearly 10% in U.S. premarket trading on September 2 after the company revealed that demand for AI-optimized servers had reached unprecedented levels. But behind the stock-market e

September 2, 2026

Business

PLDT Dominates 22ND Philippine Quill Awards With 21 Major Wins

PLDT Group is showing that corporate communication is no longer simply about making announcements—it can be a strategic tool for building trust, changing behavior, strengthening communities and supporting business goals. The telecommunications group was named Company of the Year at the 22nd Philippine Quill Awards, taking home 21 awards, including eight Awards of Excellence and 13 Awards of Merit. The recognition covered initiatives involving PLDT, Smart Communications and partner organizations

September 2, 2026

Business

Pizza Hut Singapore Names Liew Li Li as Marketing and Food Innovation Director as Brand Pushes Digital Growth

SINGAPORE — Pizza Hut Singapore has appointed veteran marketer Liew Li Li as its new Director of Marketing and Food Innovation, effective September 1, 2026, bringing more than two decades of experience across quick-service restaurants, consumer goods and digital marketing to the pizza chain. Liew succeeds Ailsa Tan, who stepped down after roughly three months in the position. The leadership change comes at an important point for Pizza Hut Singapore, which is trying to make the brand more releva

September 2, 2026

Business

FROM LOCAL TO NATIONWIDE: Filipino Entrepreneurs Are Taking Homegrown Products Online — But the Real Secret to Scaling May Be Where They Started

MANILA, Philippines — For many Filipino entrepreneurs, the path to bigger markets is no longer about abandoning their local roots. Instead, more homegrown businesses are discovering that their communities, traditions and locally made products can become their biggest competitive advantage in the digital economy. A new wave of Filipino entrepreneurs is using e-commerce to take products that once served mainly local customers to buyers across the Philippines—while keeping the stories and communit

September 2, 2026

Business

Keppel DC REIT Boosts Fundraising to S$625 Million After Strong Investor Demand

SINGAPORE — Keppel DC REIT has increased the size of its latest private placement to S$625 million, up from about S$600 million, after the fundraising drew strong demand from institutional and accredited investors globally. The placement was approximately 3.4 times covered, with the majority of the new units allocated to long-only investors and real-estate specialists, according to the REIT manager. The capital raising comes just days after Keppel DC REIT announced plans to expand its footprin

September 2, 2026

Business

PAYMONGO AND SKYRO MOVE TO CLOSE PH CREDIT GAP — BUT THE BIGGER SHIFT MAY ALREADY BE HAPPENING

MANILA, Philippines — Digital payments are surging across the Philippines, but access to formal credit remains a major hurdle for millions of Filipinos. Now, fintech companies PayMongo and Skyro are trying to close that gap by connecting Skyro-approved credit with PayMongo’s growing network of QR Ph merchants. The partnership allows eligible Skyro customers to use their approved credit at participating merchants on PayMongo’s network through QR Ph — without requiring businesses to install new

September 2, 2026

Business

Singapore Polytechnic Launches Job Redesign Toolkit as CORENET X Reshapes the Built Environment Workforce

SINGAPORE — Singapore Polytechnic (SP) has launched a new Job Redesign (JR) CORENET X Starter Kit to help companies in the built environment sector redesign roles, identify skills gaps and prepare workers for Singapore’s increasingly digital construction and regulatory environment. The initiative comes at a critical moment for the industry. From October 1, 2026, CORENET X Gateway Processes will become mandatory for new projects with a gross floor area of 5,000 square metres or more, under Singa

September 2, 2026