MILAN: Revenues at Italian luxury group Prada rose 16 per cent at constant exchange rates in the first quarter, driven by a jump in Miu Miu sales and continued growth in Asia. The family-owned company posted on Wednesday sales of 1.19 billion euros (US$1.27 billion), slightly above a 1.14 billion…

ECONOMIC AND SOCIAL INCLUSIVENESS While Singapore is often lauded for its economic success, its social achievements have been no less remarkable. Investment in education, public housing and healthcare have laid strong foundations for inclusive growth over the decades. With Singapore now among the most expensive cities in the world, sustaining inclusive growth requires new policies to strengthen social assurance and keep social mobility going. In many advanced economies, unfettered globalisation has widened inequality over the…

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SAN FRANCISCO: TikTok’s CEO vowed Wednesday (Apr 24) to fight in the courts to overturn a newly signed US law that could see the popular app banned due to allegations it is controlled by the China government.The legislation gives TikTok nine months to divest from its Chinese parent company ByteDance or be…

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