CNA938 Rewind - Stock take today: Wall Street hits record, Japan market update
IT company CEO Andy Byron, captured in a widely circulated video showing him embracing an employee at a Coldplay concert, has resigned. The incident raises questions about public surveillance, workplace boundaries and how quickly private moments can become public in the digital age. Did he need to resign or could a solid crisis communication plan be enough? Hairianto Diman chatted with Hazel Westwood, Crisis and Reputation Management expert to find out.
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Straits Times
30 minutes ago
- Straits Times
Danish lifestyle brand Flying Tiger Copenhagen opens first Singapore store at Bugis+
Find out what's new on ST website and app. The 157 sq m space is packed with toys, games and gadgets, as well as leisure, home and kitchen products. SINGAPORE – Danish lifestyle brand Flying Tiger Copenhagen, known for its colourful and affordable products for the home and office, has opened its first Singapore store at Bugis+ on July 28. Packed with toys, games and gadgets, as well as leisure, home and kitchen products, the 157 sq m space sits on the mall's second floor. It is similar in spirit to lifestyle retailers such as Australian brand Typo and Chinese label Miniso. A cross between Swedish home retailer Ikea and Japanese consumer store Daiso comes to mind, as Flying Tiger Copenhagen showcases a Scandinavian design sensibility in its everyday products. Most items in the Singapore store are priced under $20. The most expensive is a $45 skateboard, while foam water guns are priced at $2. To celebrate the opening, the brand is hosting an interactive pop-up at the Bugis+ atrium from Aug 1 to 3, featuring mini games, a spin-the-wheel station and prizes up for grabs. The Singapore store is the brand's latest step in its Asia-Pacific expansion, which kicked off with Indonesia and the Philippines in 2023, followed by Australia and Vietnam in 2024. Concurrently, the brand's first Malaysian store opened its doors in Johor Bahru's Aeon Mall Tebrau City on July 28. Top stories Swipe. Select. Stay informed. Asia Thailand, Cambodia agree to 'immediate and unconditional ceasefire' to de-escalate border row Singapore Tanjong Katong sinkhole backfilled; road to be repaved after PUB tests Singapore Ong Beng Seng set to plead guilty on Aug 4 in case linked to ex-transport minister Iswaran Asia Gunman kills 5 security guards near Bangkok's Chatuchak market before taking own life Singapore COE quota up 2.6% to 18,701 for August to October Business Resilient economy versus uncertain outlook splits views on Singapore's monetary policy Singapore HPB looking for vaping, smoking counselling services for up to 175 secondary school students Singapore Jail for former pre-school teacher who tripped toddler repeatedly, causing child to bleed from nose The Asia-Pacific stores operate under a franchise model, with Indonesian lifestyle retailer PT Mitra Adiperkasa Tbk (MAP) managing the stores in Indonesia, Malaysia and Singapore. The store's range draws from the same product catalogue of its home stores in Denmark, and are made by the same factories, mostly in China. Mr Martin Jermiin, chief executive of Flying Tiger Copenhagen, tells The Straits Times: 'Since joining Flying Tiger Copenhagen as CEO in 2019, I've had the privilege of leading the brand through a transformational phase of global expansion. Singapore represents a pivotal market in our Asian expansion strategy.' The Singapore store is the brand's latest step in its Asia-Pacific expansion. ST PHOTO: GIN TAY 'Our mission is 'a richer life doesn't cost a fortune'. We strive to bring a sense of surprise and joy into every store visit by providing our customers with a broad, compelling assortment of everyday essentials combined with ever-evolving, inspirational new offerings,' he adds. The brand began as a flea market stall in the late 1980s, with the first bricks-and-mortar store opening in Copenhagen in 1995, where every item was priced at 10 Danish kroner (S$2). A 10 kroner coin is known as a 'tier' in Denmark – which is similar to the Danish pronunciation of 'tiger'. In this light, the first store took the moniker of 'Tiger', and subsequent stores continued to be known as 'Tiger' until 2016. The name was then officially changed to Flying Tiger Copenhagen, as the Tiger name had not been usable in certain markets. As at 2025, it has more than 1,000 stores in 39 markets. ST highlights selected products that shoppers can find at its Singapore store. Cactus Scissors ($8): What looks like a cactus figurine is actually a functional accessory: a storage stand for a pair of scissors. ST PHOTO: GIN TAY 2. Soap bubble machine ($15): This shark-shaped soap bubble machine will be a hit at any playground or birthday party. Bonus: It doubles as a cute piece of home decor. ST PHOTO: GIN TAY 3. Seashell soap dispenser ($9): Make hand-washing more fun with this clamshell-shaped soap dispenser in a deep royal blue. ST PHOTO: GIN TAY 4. Ombre vase ($3): House your flowers in an equally vivid vessel, which has fluted glass detailing. ST PHOTO: GIN TAY 5. Self-care journal ($10): Make self-care a habit with this journal decorated with cherry motifs. ST PHOTO: GIN TAY 6. Cherry cushion ($12): If you have been joining the hordes in accumulating food-themed plush toys, these cherry cushions will be a sweet addition to your collection. ST PHOTO: GIN TAY
Business Times
an hour ago
- Business Times
Trump's AI plan to boost Asia data centre projects, says Singapore-based CEO
US PRESIDENT Donald Trump's AI Action Plan unveiled this week is set to be a positive driver for data centre projects in Asia, a Singapore-based industry executive said. The plan's increased clarity on chip shipment restrictions should help data centre businesses in the region, said Jamie Khoo, chief executive officer of DayOne Data Centers Singapore. That's a change from earlier in the year, when the US' intentions around export curbs created fear and discomfort in the industry, the head of the data centre operator said. Trump's AI Action Plan called for strengthening export controls and putting new location verification features in artificial intelligence (AI) chips, as the US' battle for tech supremacy with China intensifies. Clearer rules could make it easier for the Asia-Pacific region to use advanced graphics processing units with US tech, crucial for AI development. 'Obviously as time goes, the AI demand will definitely really be more important than anything else because that's the way things are going,' Khoo said. DayOne is looking to expand across Asia and Spain as it targets one gigawatt in total capacity, boosted by cloud and AI demand. Its latest addition is a 20-megawatt facility in Singapore, powered by renewable energy. Founded in 2022, DayOne operates data centres in markets including Malaysia, Indonesia, Hong Kong and Japan. BLOOMBERG
CNA
an hour ago
- CNA
Hotelier Loh Lik Peng appointed Singapore Land Authority chairman
SINGAPORE: The Ministry of Law (MinLaw) on Monday (Jul 28) announced several board appointment changes at the Singapore Land Authority (SLA), including a new chairman and filmmaker Boo Junfeng as a new board member. Loh Lik Peng, the founder and director of Unlisted Collection and a hotelier, restaurateur, and entrepreneur, will be appointed chairman of the SLA board on Aug 1. He has been on the board since 2017 and was appointed deputy chairman in 2020. Outgoing chairman Yeoh Oon Jin is the former executive chairman of PwC Singapore, and has served on the SLA board since 2016. "Under his leadership, SLA has made significant strides in transforming state properties to serve businesses and the community," MinLaw said. "As chairman, Mr Yeoh pushed for the adaptive reuse of state properties for more social and community uses, successfully activating diverse spaces for community building and social good and pivoting state properties for uses that are attuned to evolving needs in the community." This includes rejuvenating heritage buildings such as the former St Andrew's Mission Hospital, MinLaw added. Mr Yeoh also helped to advance the development of the digital conveyancing portal, "which will transform the current manual, paper-based conveyancing process into an efficient, streamlined digitalised process". "Under Mr Yeoh's guidance, SLA was elected co-chair of the United Nations Committee of Experts on Global GeoSpatial Information Management and implemented the refreshed National Geospatial Masterplan to drive a geoenabled Singapore," said MinLaw. The Law Ministry and SLA thanked Mr Yeoh for his service and contributions. Jerry Koh, a corporate lawyer and a managing partner at Allen and Gledhill, will be appointed deputy chairman of the board on Aug 1. He has been on the board since 2020. NEW BOARD MEMBERS Mr Boo, a director and writer at Peanut Pictures, will be appointed to the SLA board for two years. His feature-length films, Sandcastle and Apprentice, have premiered at Cannes Film Festival. He also served as the creative director of Singapore's National Day Parade in 2018, 2021 and 2025. Mr Boo is also the chair of the Singapore International Film Festival. The other new appointee to the SLA board is Rafiq Bin Mohamad, the founder and the creative and branding director of design agency Feral. The agency's clients include the Singapore Art Museum, The Lo and Behold Group and Restaurant Labyrinth. Six other members of the board, including Lien Choong Luen, general manager of Gojek Singapore, were reappointed for another two years. Angeline Poh, Mediacorp's chief customer and corporate development officer, will complete her board term on Jul 31. "MinLaw and SLA extend our deepest gratitude to Ms Poh for her invaluable contributions to SLA during her appointment," the agencies said.
