Family businesses

‘We will chase them down’: Debt collectors pursue claims exceeding $2m linked to Lao Huo Tang

Debt recovery companies FDR Services and A.S.K Debt Recovery SG said they were separately pursuing claims amounting to more than $550,000 and close to $2 million respectively.

From curry puffs to medicated oil: Singapore heritage brands look to China at Shanghai expo

Heritage Tanglin Puff’s second-generation business owner Ray Ng frying curry puffs at the China International Import Expo while an attendee looks on.

CEO Insights

Singapore’s rise as a wealth hub mirrors Asia’s changing fortunes: Julius Baer Asia head

Singapore’s cross-border wealth is expected to grow at a compound annual rate of 9 per cent between 2025 and 2030, from about US$2.1 trillion to US$3.3 trillion.

Ultra-wealthy families in Asia, including Singapore, lack succession and crisis planning: DBS report

Ultra-wealthy families see wealth transfer as a key priority, with 79% wanting to pass wealth down to two or more generations.

2 weeks’ jail for man who agreed to take blame for uncle’s driving accident

Ng was jailed for two weeks after pleading guilty to one count each of obstructing the course of justice and giving false information to the police.

Business excursion to China: UOB’s annual next-gen programme targets high-net-worth heirs

Participants and speakers of UOB Private Bank’s 2026 Next Generation Programme during a company visit to Unitree Robotics in Hangzhou.

A battle for control of Tata Group, India’s biggest business empire

Tata Sons chairman Natarajan Chandrasekaran was re-elected after he earlier said he would seek a new five-year term.

Mary Chia insolvency proceedings dismissed, but $350,000 loan dispute remains unresolved

As part of these directions, Mary Chia transferred $651,498.97 to the court’s account on Oct 6.

Family offices ‘kept captive’ by relationship managers turn to independent advisers, direct deals

(From left) Sean Tan and Anupum Khaitan, who co-founded the Private Family Society in August, a community for family office principals, executives and chief investment officers across APAC.

Branded Content

From crane rental to marine transport: How this third-gen leader is steering his family business up the value chain

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.