Lai Oi Lai
Correspondent, Business Desk, Lianhe ZaobaoArticles by Lai Oi Lai
Society
[Big read] Singapore’s wealthy elites are transforming the philanthropy landscape
Although Asia is the world’s second-largest source of ultra-high-net-worth individuals (UHNWIs), donations by Asia’s UHNWIs only account for 13% of the global share. This may be about to change, with the rise of family offices being set up in Singapore, and new modes of gifting that make it easier for donations of the wealthy to reach those in need here and in the region.
Lai Oi Lai
06 May 2024
Economy
[Big read] Global fight for lithium battery raw materials heats up
Amid the global electric vehicle (EV) race, European countries and the US are doubling down on their efforts and investment towards building an even more localised vertically integrated battery supply chain. This comes amid China dominance over the global lithium-ion battery supply chain. As the race for raw materials continues, Southeast Asian countries such as Indonesia and Singapore can play an increasingly significant role. Lianhe Zaobao business correspondent Lai Oi Lai speaks with experts and business insiders to find out more.
Lai Oi Lai
12 Dec 2023
Economy
De-risking too: The world's efforts to de-dollarise
Despite all the talk of de-dollarisation and some movement towards it, the US dollar remains the dominant global currency for now, and it will be an uphill task to shift away from it. Lianhe Zaobao correspondent Lai Oi Lai speaks to academics and financial experts to find out more about the world's pursuit of de-dollarisation as a way of risk management.
Lai Oi Lai
19 Jun 2023
Economy
Wealthy Chinese setting up family offices in Singapore see it as springboard to ASEAN
In the first of a seven-part Lianhe Zaobao-Business Times series on China and ASEAN, Zaobao business correspondent Lai Oi Lai gives an update on the trend of high-net-worth Chinese investors coming to Singapore to set up family offices and invest in start-ups.
Lai Oi Lai
20 Jun 2022