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Asian news from Singapore

Nikkei staff writer - TSUBASA SURUGA - Singapore's Banyan eager to split hotel, property units, chairman says - asia.nikkei.com - Thailand - Singapore -  Bangkok -  Singapore

Singapore's Banyan eager to split hotel, property units, chairman says

PHUKET, Thailand -- Singapore-based Banyan Group is planning to split its hotel and property development segments into separate companies, its founder told Nikkei Asia, in an attempt to shore up investor confidence undermined by its diverse business model.

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Bloomberg - Singapore shoppers scoop up Lunar New year bargains in Malaysia as city state’s dollar rides high: ‘it’s like a bonus’ - scmp.com - New Zealand - China - Usa - Philippines - Indonesia - Malaysia - Singapore - Australia -  Singapore

Singapore shoppers scoop up Lunar New year bargains in Malaysia as city state’s dollar rides high: ‘it’s like a bonus’

“It’s really going crazy,” Lee said of the exchange rate. “It’s like a bonus – during Chinese New Year we buy soft drinks, beer and invite friends over, and this really helps. You can buy more.”

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Asian - Singapore builds ChatGPT-alike to better represent Southeast Asian languages, cultures - scmp.com - China - Indonesia - Thailand - Singapore - Britain - Vietnam -  Singapore - state Oklahoma

Singapore builds ChatGPT-alike to better represent Southeast Asian languages, cultures

Like millions worldwide, Southeast Asians have been trying out large language models such as Meta’s Llama 2 and Mistral AI – but in their native Bahasa Indonesia or Thai. The result has usually been gibberish in English.

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CNA - Singapore court rules son of ex-PM Goh Chok Tong caused US$146 million in losses to company - scmp.com - Usa - Singapore -  Singapore

Singapore court rules son of ex-PM Goh Chok Tong caused US$146 million in losses to company

Goh Jin Hian has been found liable for S$196 million (US$146 million) in losses as director of now-insolvent marine fuel supplying company Inter-Pacific Petroleum (IPP).

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Bloomberg - Piyush Gupta - DBS boss Piyush Gupta takes US$3 million pay cut over Singapore digital banking disruptions - scmp.com - China - Taiwan - Usa - India - Singapore -  Singapore - county Major

DBS boss Piyush Gupta takes US$3 million pay cut over Singapore digital banking disruptions

DBS Group Holdings Ltd.’s fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta’s compensation got hit due to last year’s digital banking disruptions.

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Nikkei staff writer - DYLAN LOH - Singapore's DBS slashes CEO's 2023 pay by $3m - asia.nikkei.com - Singapore -  Singapore

Singapore's DBS slashes CEO's 2023 pay by $3m

SINGAPORE -- DBS Group Holdings said on Wednesday that it had cut the pay of senior management after a series of digital banking failures dogged Singapore's largest bank by total assets last year.

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Biman Mukherji - What is ‘blue carbon’? Southeast Asia’s net zero answer faces setbacks - scmp.com - Indonesia - Singapore -  Singapore

What is ‘blue carbon’? Southeast Asia’s net zero answer faces setbacks

The ocean system comprising tiny phytoplanktons to mangrove belts and sea grasses can store up to five times more carbon than tropical forests, but its vast natural potential is being rapidly depleted, according to Siti Maryam Yaakub, senior director at Singapore-based International Blue Carbon Institute.

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TODAY - Singapore’s Nanyang Technological University imposes entry fee as tourists from China, Southeast Asia disrupt classes - scmp.com - China - Singapore - Britain -  Singapore

Singapore’s Nanyang Technological University imposes entry fee as tourists from China, Southeast Asia disrupt classes

Students from both NTU and the National University of Singapore (NUS) have used online forum Reddit in recent weeks to air their grievances over inconveniences they feel tourists have caused.

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