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Showing posts from July, 2016

The International Trading Professional Conversion Programme (PCP) 28 July 2016

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The International Trading Professional Conversion Programme (PCP), a manpower training programme providing opportunities for jobseekers to start a career in international trading, was unveiled today by Mr Ong Ye Kung, Acting Minister for Education (Higher Education and Skills), as part of the Adapt and Grow initiative. The programme is jointly developed by IE Singapore (International Enterprise Singapore), together with the Singapore Workforce Development Agency (WDA), Singapore Management University's International Trading Institute (ITI@SMU), and the International Chamber of Commerce (ICC) Academy. International trading is the second largest contributor to Singapore. There are over 34,000 companies in the sector employing 320,000 people, which makes up 10% of the total workforce in Singapore. From now until 2020, an estimated 15,000 new jobs will be created in this sector.  For the press release, click here http://bit.ly/2ajkGx2 A panel discussion moderated by Professor Annie Koh...

Extracting value from mergers and acquisitions, GT News 30 May 2016

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https://www.gtnews.com/articles/extracting-value-from-mergers-and-acquisitions/ Extracting value from mergers and acquisitions 30 May 16  |  Author  Gopul Shah  |  Centralisation   Economy   General   Investment & Funding   Operational Risk   Risk   in Share 9     The 2008 sub-prime crisis triggered quantitative easing (QE), intensifying covenant-light lending by banks at competitive interest rates to prime-rated corporates and private equity firms. These firms invested their cash and credit hoards and undertook equity swaps – either to strengthen growth via mergers, acquisitions and alliances (M&A) or to build investments. Intense rivalry and financial clout also provoked M&A decisions at exaggerated valuations, which in recent years have strained financial performance, credit ratings and shareholder value. From 2008 through 2015, about 340,000 mega-M&A global deals – col...