family businesses

Of these families, 17 are from Southeast Asia.

Things will get worse for these family businesses as bank and government support is slowly withdrawn.

Envysion will provide a range of services to clients from helping them structure deals to lifestyle offerings such as yacht and private jet charters.

Billionaires are being minted at a slower pace in Asia, but the demand for professionals to manage their wealth remains strong, as contingencies have to be considered. Are family offi ces able to provide the much-needed service?

SINGAPORE (Dec 13): Like all family offices, the Tolaram Group family office, which manages the wealth of the Vaswani family, has its own investment arm. But since obtaining a capital markets services (CMS) licence in February, the Tolaram Group family of

SINGAPORE (Dec 13): Hong Kong-based CSOP Asset Management set up an office in Singapore just two months ago. As part of its asset management services, CSOP wants to service both family offices as well as its own family office set-up.

SINGAPORE (Sept 11): United Overseas Bank (UOB) on Wednesday launched The Business Circle, an initiative to prepare the next generation leaders of Asia’s family-led firms to run their businesses.

SINGAPORE (Aug 17): A new survey on Singapore family businesses reveals that these businesses found it challenging to grow in spite of Singapore’s small market size. 

SINGAPORE (Feb 28): Local family businesses are most confident in utilising data analytics to drive their business success, as they prepare to put aside their traditional business models to meet future challenges with next-generation technologies.

SINGAPORE (Nov 14): While family businesses in Singapore are optimistic about growth and have a strong desire to keep their businesses in the family, few have ensured that plans are in place to achieve these objectives.