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Oil rises as US-EU deal lifts trade optimism
Oil rises as US-EU deal lifts trade optimism

Yahoo

time2 days ago

  • Business
  • Yahoo

Oil rises as US-EU deal lifts trade optimism

By Florence Tan SINGAPORE (Reuters) -Oil prices rose on Monday after the U.S. reached a trade deal with the European Union and may extend a tariff pause with China, reducing concerns that potentially higher levies would limit economic activity and impact fuel demand. Brent crude futures inched up 22 cents, or 0.32%, to $68.66 a barrel by 0035 GMT while U.S. West Texas Intermediate crude was at $65.38 a barrel, up 22 cents, or 0.34%. The U.S.-European Union trade deal and a possible extension in U.S.-China tariff pause are supporting global financial markets and oil prices, IG markets analyst Tony Sycamore said. The United States and the European Union struck a framework trade agreement on Sunday that will impose a 15% import tariff on most EU goods, half the threatened rate. The deal averted a bigger trade war between two allies that account for almost one-third of global trade and could crimp fuel demand. Also, senior U.S. and Chinese negotiators will meet in Stockholm on Monday aiming to extend a truce keeping sharply higher tariffs at bay ahead of the August 12 deadline. Oil prices settled on Friday at their lowest in three weeks as global trade concerns and expectations of more oil supply from Venezuela weighed. Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to Biden-era licenses, once U.S. President Donald Trump reinstates authorisations for its partners to operate and export oil under swaps, company sources said. Though prices were up slightly on Monday, the prospect of OPEC+ further easing supply curbs limited the gains. A market monitoring panel of the Organization of the Petroleum Exporting Countries and their allies is set to meet at 1200 GMT on Monday. It is unlikely to recommend altering existing plans by eight members to raise oil output by 548,000 barrels per day in August, four OPEC+ delegates said last week. Another source said it was too early to say. The producer group is keen to recover market share while summer demand is helping to absorb the extra barrels. JP Morgan analysts said global oil demand rose by 600,000 bpd in July on year, while global oil stocks rose 1.6 million bpd. In the Middle East, Yemen's Houthis said on Sunday they would target any ships belonging to companies that do business with Israeli ports, regardless of their nationalities, as part of what they called the fourth phase of their military operations against Israel over the Gaza conflict.

OceanX Appoints Florence Tan and Lynette Long to Key Leadership Roles in Partnerships and Public Engagement
OceanX Appoints Florence Tan and Lynette Long to Key Leadership Roles in Partnerships and Public Engagement

Korea Herald

time17-07-2025

  • Business
  • Korea Herald

OceanX Appoints Florence Tan and Lynette Long to Key Leadership Roles in Partnerships and Public Engagement

Florence Tan and Lynette Long bring strategic, fundraising, and public engagement expertise to accelerate OceanX's presence and impact in the region SINGAPORE, July 17, 2025 /PRNewswire/ -- Ocean exploration nonprofit OceanX has strengthened its leadership presence in Singapore with the appointments of Florence Tan as Director of Partnerships, APAC, and Lynette Long as Director of Public Programming under OceanX Education. These key hires expand the organization's footprint in Asia and strengthen its capacity to build impactful partnerships and deliver high-impact public experiences that connect communities to the ocean. "At OceanX, our work relies on cross-sector collaboration and engaging communities worldwide in the mission to understand and protect the ocean," said Mark Dalio, founder and co-CEO of OceanX. "Florence and Lynette each bring decades of experience, deep regional insight, and proven results in building relationships and delivering innovative programming. They are mission-aligned leaders who will help scale our presence and partnerships across Asia and beyond." Florence Tan joins OceanX after nearly two decades in philanthropy and advancement, most recently as Deputy Director at Singapore Management University, where she led regional fundraising and engagement efforts. She managed a philanthropic portfolio, working with high-net-worth individuals, foundations, family offices, and government partners to fund student and social impact programs. Her leadership in cross-border engagement, stewardship, and giving circles consistently delivered multi-million-dollar results annually. "I have always been driven by a desire to build meaningful partnerships that create long-term impact," said Tan. "OceanX's ability to bridge science, education and media creates a powerful platform for regional collaboration. I'm proud to help grow its footprint in Asia." Prior to SMU, Tan held leadership roles at the Kidney Dialysis Foundation and Singapore Children's Society. She holds a Master of Business Administration from the University of Bradford and a Bachelor of Business Administration from the National University of Singapore. Lynette Long brings more than 20 years of experience in creative project development, stakeholder engagement, and large-scale immersive experiences. As General Manager and Executive Producer at NEON Global, Long oversaw global touring exhibitions including Jurassic World: The Exhibition and Avatar: The Experience. She has led teams across Singapore, the US, and China, managing multimillion-dollar creative productions from concept to execution while working with brand partners like Universal, Marvel, and Disney. "There's a huge opportunity to shift how people engage with ocean conservation," said Long. "OceanX is well positioned to lead that movement, and I look forward to bringing the ocean to life for communities around the world through OceanX Education." Long has also held senior communications roles with the Supreme Court of Singapore, National University of Singapore Faculty of Law, and the Esplanade. She holds a Master of Science in Marketing and a Bachelor of Science in Economics, both from the National University of Singapore. Tan and Long will help steer OceanX's strategic expansion in Asia as the organization enters a new phase of public engagement, global missions, and cross-sector collaboration. Their collective expertise in stakeholder engagement, philanthropy, creative production, and regional partnerships will play a vital role in amplifying OceanX's mission and reach. About OceanX OceanX is a nonprofit working to unlock the ocean's sustainable potential. Through a dual focus on science and education, we're building a new paradigm where humanity and the ocean mutually thrive. Our approach is fueled by exploration, leveraging advanced research, multimedia educational programs, cross-sector partnerships, and advanced technology to help transform how people understand and value the ocean. Our work strives to fortify biodiversity and increase the sustainable use of ocean resources to help ensure the ocean remains a foundation for human wellbeing and potential. OceanX is a nonprofit operating program of Dalio Philanthropies. For more information, visit and follow OceanX on Facebook, Instagram, X (formerly Twitter), TikTok, LinkedIn, and YouTube.

OceanX Appoints Florence Tan and Lynette Long to Key Leadership Roles in Partnerships and Public Engagement
OceanX Appoints Florence Tan and Lynette Long to Key Leadership Roles in Partnerships and Public Engagement

Straits Times

time17-07-2025

  • Business
  • Straits Times

OceanX Appoints Florence Tan and Lynette Long to Key Leadership Roles in Partnerships and Public Engagement

Florence Tan and Lynette Long bring strategic, fundraising, and public engagement expertise to accelerate OceanX's presence and impact in the region SINGAPORE, July 17, 2025 /PRNewswire/ -- Ocean exploration nonprofit OceanX has strengthened its leadership presence in Singapore with the appointments of Florence Tan as Director of Partnerships, APAC, and Lynette Long as Director of Public Programming under OceanX Education. These key hires expand the organization's footprint in Asia and strengthen its capacity to build impactful partnerships and deliver high-impact public experiences that connect communities to the ocean. (Left to right) Lynette Long, Director of Public Programming, OceanX Education; Florence Tan, Director of Partnerships, APAC, OceanX "At OceanX, our work relies on cross-sector collaboration and engaging communities worldwide in the mission to understand and protect the ocean," said Mark Dalio, founder and co-CEO of OceanX. "Florence and Lynette each bring decades of experience, deep regional insight, and proven results in building relationships and delivering innovative programming. They are mission-aligned leaders who will help scale our presence and partnerships across Asia and beyond." Florence Tan joins OceanX after nearly two decades in philanthropy and advancement, most recently as Deputy Director at Singapore Management University, where she led regional fundraising and engagement efforts. She managed a philanthropic portfolio, working with high-net-worth individuals, foundations, family offices, and government partners to fund student and social impact programs. Her leadership in cross-border engagement, stewardship, and giving circles consistently delivered multi-million-dollar results annually. "I have always been driven by a desire to build meaningful partnerships that create long-term impact," said Tan. "OceanX's ability to bridge science, education and media creates a powerful platform for regional collaboration. I'm proud to help grow its footprint in Asia." Prior to SMU, Tan held leadership roles at the Kidney Dialysis Foundation and Singapore Children's Society. She holds a Master of Business Administration from the University of Bradford and a Bachelor of Business Administration from the National University of Singapore. Lynette Long brings more than 20 years of experience in creative project development, stakeholder engagement, and large-scale immersive experiences. As General Manager and Executive Producer at NEON Global, Long oversaw global touring exhibitions including Jurassic World: The Exhibition and Avatar: The Experience. She has led teams across Singapore, the US, and China, managing multimillion-dollar creative productions from concept to execution while working with brand partners like Universal, Marvel, and Disney. "There's a huge opportunity to shift how people engage with ocean conservation," said Long. "OceanX is well positioned to lead that movement, and I look forward to bringing the ocean to life for communities around the world through OceanX Education." Long has also held senior communications roles with the Supreme Court of Singapore, National University of Singapore Faculty of Law, and the Esplanade. She holds a Master of Science in Marketing and a Bachelor of Science in Economics, both from the National University of Singapore. Tan and Long will help steer OceanX's strategic expansion in Asia as the organization enters a new phase of public engagement, global missions, and cross-sector collaboration. Their collective expertise in stakeholder engagement, philanthropy, creative production, and regional partnerships will play a vital role in amplifying OceanX's mission and reach. For more information about OceanX's ongoing work, please visit the OceanX website. For media inquiries regarding OceanX, please contact Karuna Tuli at About OceanX OceanX is a nonprofit working to unlock the ocean's sustainable potential. Through a dual focus on science and education, we're building a new paradigm where humanity and the ocean mutually thrive. Our approach is fueled by exploration, leveraging advanced research, multimedia educational programs, cross-sector partnerships, and advanced technology to help transform how people understand and value the ocean. Our work strives to fortify biodiversity and increase the sustainable use of ocean resources to help ensure the ocean remains a foundation for human wellbeing and potential. OceanX is a nonprofit operating program of Dalio Philanthropies. For more information, visit and follow OceanX on Facebook, Instagram, X (formerly Twitter), TikTok, LinkedIn, and YouTube.

The romance continues: Former ‘Singapore girl', 77, returns to Osaka Expo after 55 years
The romance continues: Former ‘Singapore girl', 77, returns to Osaka Expo after 55 years

The Star

time02-07-2025

  • Entertainment
  • The Star

The romance continues: Former ‘Singapore girl', 77, returns to Osaka Expo after 55 years

Florence Tan at 22 posing in front of the Tower of the Sun at the World Expo in Osaka, 1970 (left), and at 77 years old at the World Expo in Osaka in May 2025 (right). - Courtesy of Florence Tan SINGAPORE: She was 22 when she lived for three months in Osaka, one of four 'Singapore girls' who represented the young Republic in its first World Expo outing in 1970. Now 77, Florence Tan returned to the western Japan city's second Expo in May 2025 - a visitor and the oldest contributor to the Singapore pavilion's display. Much more discreet than the ethnic dresses and variously styled wigs that was her costume in 1970, her work this time is one of 15 small pieces of art printed on a wall of the pavilion's cafe. Each was sieved from submissions to a nationwide open call. World Expos are universal fairs for nations to flash their technological or cultural achievements, and have since the first edition in Britain, circa 1851, produced such monuments as The Crystal Palace and the Eiffel Tower. Tan's entry to the 36th World Expo in 2025 reflects a tender personal history. Drawn up on what she waves away as 'simple software', the template disc is filled in with a ring of photos from her 1970 Osaka stint ending in a recent picture with her two grandchildren. In the centre is a tagline she repeated several times while speaking to The Straits Times: '55 years…The romance continues.' In fact, her part in the 1970 Expo had launched a love affair with its host country. It was her first time out of Singapore then and she was astonished by the changing of the seasons, said Tan, a retired businesswoman. Florence Tan (second from left) and her fellow 'Singapore girls' at the World Expo in Osaka, 1970. - Courtesy of Florence Tan Even her attenuated diet – living off tinned curry and eggs from winter to spring – was an amusement. 'My main aim was to save money,' she said, chuckling. In mid life, she studied Japanese for three years at the Japanese Association and began to watch Japanese TV. 'I really appreciate all the fine things of Japan. They call it ikigai (a passion that gives joy to life), it's a lifestyle,' said Tan. A later interest in Japanese skincare led to a job selling Japanese beauty products – she was the first to stock the brand La Prairie, she explained – which she parlayed into her own salon. But really, 'it's about connection and relationships'. Tan means it literally. She has kept up a 55-year friendship with a local Osaka woman who worked as one of the Singapore girls, hired to make up for her and her Singapore Tourism Board colleagues' then-paltry Japanese language skills, she said. 'You can learn a lot from them (the Japanese). Hospitality, cleanliness...' she said. She met other delegations too. From the Germans, for example, she took steel, guts. 'They are fierce and very professional,' she said, in effect validating – on a micro scale – the Expo's contemporary stated purpose of global togetherness. In 1970, 64 million people visited Osaka's first Expo, as the Japanese post-war economy soared. Its second run is reportedly not pulling in the numbers. Organisers had aimed for 28.2 million visitors over the six-month period of the Expo, or about 150,000 tickets daily. As of late April 2025, figures had petered to as low as 40,000 a day, at the fair, which far from its heyday in the late 19th and early 20th century, has come to be plagued by public cynicism or indifference. But for Tan, the romance continues. - The Straits Times/ANN

Former ‘Singapore girl', 77, returns to Osaka Expo after 55 years
Former ‘Singapore girl', 77, returns to Osaka Expo after 55 years

Straits Times

time02-07-2025

  • Entertainment
  • Straits Times

Former ‘Singapore girl', 77, returns to Osaka Expo after 55 years

Sign up now: Get ST's newsletters delivered to your inbox Ms Florence Tan at 22 posing in front of the Tower of the Sun at the World Expo in Osaka, 1970 (left), and at 77 years old at the World Expo in Osaka in May 2025 (right). SINGAPORE - She was 22 when she lived for three months in Osaka, one of four 'Singapore girls' who represented the young Republic in its first World Expo outing in 1970. Now 77, Ms Florence Tan returned to the western Japan city's second Expo in May 2025 - a visitor and the oldest contributor to the Singapore pavilion's display . Much more discreet than the ethnic dresses and variously styled wigs that was her costume in 1970, her work this time is one of 15 small pieces of art printed on a wall of the pavilion's cafe. Each was sieved from submissions to a nationwide open call. World Expos are universal fairs for nations to flash their technological or cultural achievements, and have since the first edition in Britain, circa 1851, produced such monuments as The Crystal Palace and the Eiffel Tower. Ms Tan's entry to the 36th World Expo in 2025 reflects a tender personal history. Drawn up on what she waves away as 'simple software', the template disc is filled in with a ring of photos from her 1970 Osaka stint ending in a recent picture with her two grandchildren. In the centre is a tagline she repeated several times while speaking to The Straits Times: '55 years…The romance continues.' In fact, her part in the 1970 Expo had launched a love affair with its host country. It was her first time out of Singapore then and she was astonished by the changing of the seasons, said Ms Tan, a retired businesswoman. Top stories Swipe. Select. Stay informed. Singapore 3 out of 4 in Singapore cannot identify deepfake content: Cyber Security Agency survey Singapore Ong Beng Seng's court hearing rescheduled one day before he was expected to plead guilty Singapore Three hair salons raided in clampdown on touting, vice, drugs in Geylang and Joo Chiat Singapore New $7.5m fund to encourage social service agencies to track impact of their programmes Singapore GrabCab, Singapore's newest taxi operator, hits the roads with over 40 cabs to be rolled out in July Singapore Police looking into claim by driver who caused teen's death that he was an NUS student Asia Dalai Lama says he will have successor after his death Business Cathay Cineplexes gets demand for $3.4 million in arrears from Jem landlord Even her attenuated diet – living off tinned curry and eggs from winter to spring – was an amusement. 'My main aim was to save money,' she said, chuckling. In mid life, she studied Japanese for three years at the Japanese Association and began to watch Japanese TV. Ms Florence Tan (second from left) and her fellow 'Singapore girls' at the World Expo in Osaka, 1970. PHOTO: FLORENCE TAN 'I really appreciate all the fine things of Japan. They call it ikigai (a passion that gives joy to life), it's a lifestyle,' said Ms Tan. A later interest in Japanese skincare led to a job selling Japanese beauty products – she was the first to stock the brand La Prairie, she explained – which she parlayed into her own salon. But really, 'it's about connection and relationships'. Ms Tan means it literally. She has kept up a 55-year friendship with a local Osaka woman who worked as one of the Singapore girls, hired to make up for her and her Singapore Tourism Board colleagues' then-paltry Japanese language skills, she said. 'You can learn a lot from them (the Japanese). Hospitality, cleanliness...' she said. The Singapore pavilion at the Osaka World Expo 2025. PHOTO: AFP She met other delegations too. From the Germans, for example, she took steel, guts. 'They are fierce and very professional,' she said, in effect validating – on a micro scale – the Expo's contemporary stated purpose of global togetherness. In 1970, 64 million people visited Osaka's first Expo, as the Japanese post-war economy soared. Its second run is reportedly not pulling in the numbers. Organisers had aimed for 28.2 million visitors over the six-month period of the Expo, or about 150,000 tickets daily. As of late April 2025, figures had petered to as low as 40,000 a day, at the fair, which far from its heyday in the late 19th and early 20th century, has come to be plagued by public cynicism or indifference . But for Ms Tan, the romance continues.

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