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High Drama and Big Impact: Trump’s Bold Tariff Plans and What to Expect

Expect significant new tariffs on Chinese imports and moderate levies on goods from other nations , as President-elect Donald Trump rolls out his protectionist agenda. However, with his preference for chaotic policymaking and sudden shifts , there’s uncertainty on how soon these import taxes will actually hit. Dubbed “ Tariff Man ,” Trump aims to use tariffs both strategically and tactically . He’s mentioned taxing all Chinese goods up to 60% and potentially setting 10%-20% tariffs on imports globally , but details on these plans remain vague . Key players within Trump’s team are divided: Robert Lighthizer , a staunch tariff advocate, sees permanent duties as crucial to balance US trade , while others, like billionaires John Paulson and Scott Bessent , view tariffs as temporary leverage. Trump’s previous administration had mixed feelings, especially on national security-related trade limits , which he sometimes dismissed, favoring an “open for business” approach. High-profile busin
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Neon Weighs $389 Million IPO in Singapore Amid Entertainment Expansion

 

Singapore-based immersive entertainment group Neon is considering a Singapore IPO that could raise up to S$500 million (US$389 million), according to sources familiar with the matter. The company, backed by Temasek Holdings’ 65 Equity Partners, has been in discussions with financial advisers, with the potential initial public offering (IPO) taking place as early as next year. The deal is expected to raise between S$400 million to S$500 million, though details remain subject to change.

Neon is known for producing immersive entertainment experiences based on popular franchises like Marvel’s Avengers, Jurassic Park, and The Hunger Games. The company also collaborates with the governments of Peru and Egypt to showcase historical exhibitions.

Neon previously listed in Singapore in 2005, raising S$5.3 million, before going private in 2019 in a S$318 million buyout. 65 Equity Partners invested S$150 million in Neon in October 2022, following a private funding round that raised S$235 million from various investors, including Pavilion Capital and Seatown Holdings International.

This move comes as Singapore’s IPO market has been relatively quiet, with only US$19.5 million raised so far this year. Other companies, such as SCI Ecommerce Pte Ltd, are also planning IPOs next year, with Nippon Telegraph & Telephone Corp reportedly considering a listing of a global data center real estate investment trust in Singapore.

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