Family business

(July 9): The Covid-19 pandemic has been a black swan event. It has resulted in an existential challenge for many firms.

SINGAPORE (Mar 12): A new multifamily office with about US$300 million ($420 million) in assets under advisory has established itself in Singapore, aiming to attract wealthy clients and private ban

Billionaires are being minted at a slower pace in Asia, but the demand for professionals to manage their wealth remains strong, as contingencies have to be considered.

SINGAPORE (Dec 13): Hong Kong-based CSOP Asset Management set up an office in Singapore just two months ago.

SINGAPORE (Sept 11): United Overseas Bank (UOB) on Wednesday launched The Business Circle, an initiative to prepare the next generation leaders of Asia’s family-led firms to run their businesses.

(Aug 30): Lee Kum Sheung invented oyster sauce by accident when he overcooked some bivalves 130 years ago, conjuring the sweet-and-salty condiment that would become a staple of Cantonese cuisine.

(Sept 2): “In 2018, I travelled to Geneva to celebrate Philippe’s 80th birthday. It was just the two of us. When we posed for this picture (below), he turned to me and said, ‘Woah Henry.

SINGAPORE (Aug 17): A new survey on Singapore family businesses reveals that these businesses found it challenging to grow in spite of Singapore’s small market size. 

SINGAPORE (June 11): SGX lists at least 24 companies and two trusts associated with seven business empires run by some of Singapore’s richest families.

(June 10): On a crisp morning last October, a few dozen students with wildly diverse backgrounds and expertise filed into the red-brick building of Harvard University’s Kennedy School.