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Family business
64% of Singapore family businesses expect growth in 2021: PwC
According to PwC, Singapore family businesses are “confident about turning the corner" in the next two years.
April 07, 2021
Family business
Family office advisors can now deepen specialist skillsets with skills map by IBF and MAS
Family office advisors can now deepen their specialist skillsets with a new skills map launched by IBF and MAS.
July 27, 2020
Family business
The resilience of family-controlled business groups: Survival of the unfit?
The Covid-19 pandemic has been a black swan event. It has resulted in an existential challenge for many firms. Even in the countries where governments are most supportive, businesses are struggling to stay afloat and avoid bankruptcy.
July 09, 2020
Family business
Singapore gets new multifamily office with launch of Envysion
Envysion will provide a range of services to clients from helping them structure deals to lifestyle offerings such as yacht and private jet charters.
March 12, 2020
Family business
Family affairs
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. Are family offi ces able to provide the much-needed service?
December 13, 2019
Family business
CSOP aims to fill product gap with its family office offerings
SINGAPORE (Dec 13): Hong Kong-based CSOP Asset Management set up an office in Singapore just two months ago. As part of its asset management services, CSOP wants to service both family offices as well as its own family office set-up.
December 13, 2019
Family business
UOB launches 'The Business Circle' to help next-generation leaders of family businesses fast track growth
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.
September 11, 2019
Family business
A US$15 bil oyster sauce family plots to survive 1,000 years
(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.
August 30, 2019
Family business
Patek Philippe generations
In the 1960s, the Stern family and the Tay family laid the foundations for a multi-generational partnership and an enduring friendship. Based on trust and a shared dedication to both preserve the patrimony of the traditional watchmaking arts and to foster
August 30, 2019
Family business
SMU survey highlights challenges for family businesses to grow and secure capital
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.
August 16, 2019