New breed of business leaders needed to make ESG work

SINGAPORE – A decade ago, the issue of ESG, or environment, social and governance factors, used to be a vague and peripheral topic of conversation at management meetings and corporate seminars. Following more than two years of pandemic-caused disruptions, it has suddenly become front and centre of corporate management practice. Today, investors, policymakers and other key […]

Walmart cuts 200 corporate jobs amid rising costs, weakening demand

DALLAS (BLOOMBERG) – Walmart is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise. The cuts include staffers in last-mile delivery and merchandising, said people familiar with the matter. Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and […]

Singapore-listed firms, trusts improved their corporate governance: Study

SINGAPORE – Listed companies and trusts strengthened their corporate governance, transparency and sustainability disclosures this year, according to a new index survey released on Wednesday (Aug 3). The 2022 Singapore Governance and Transparency Index showed that scores improved across two categories, reaching a new high since the index was first compiled in 2009. The general […]