News

Low Keng Huat buyout offer garners 96.88% acceptances

Low Keng Huat buyout offer garners 96.88% acceptances

MD Marco Low consolidates 715.79 million shares as privatisation offer closes.
1 day ago

SeaLead COO Cho Kit Wei steps up as CEO amidst softer global shipping demand

The 20-year veteran takes over on 2 March to navigate weaker volumes and global trade swings.
1 day ago

OCBC new investors triple as bank braces for 2026 gold, silver uptick

The bank sees sustained growth on the back of industrial use and recent price rallies.
1 day ago

LPH hits first oil in Benin but warns of formal restructuring risk

Drilling delays and cost overruns strain the group’s financial position.
1 day ago

Singapore spending to hit $137.3b in 2026 as development outlay jumps 26%

Total government spending to rise 10% in FY2026, driven by healthcare and infrastructure.
1 day ago

Contract concerns spark board exit at Rex International

Beverley Ann Smith steps down over subsidiary contract review and approval issues.
1 day ago

Singapore rolls out $6.5b equity boost to strengthen market liquidity

The policy move is expected to support trading activity and deepen market participation.
1 day ago

Design Power Index tackles firms’ design value blind spot

Singapore’s new DPI framework aims to quantify design’s financial and social outcomes.
1 day ago

Keppel credit fund hits US$561m after US$125m AIIB commitment

KPCF III is the third vintage in Keppel’s private credit fund series.
2 days ago

Platforms detect job mismatch through 'blank searches'

Keyword-free queries rise as jobseekers struggle to match skills and available roles.
2 days ago

Taiwan trade surges $170b, overtakes China as Singapore’s top partner in 2025

Transport and other business services topped export categories.
2 days ago

Singapore unit labour costs to rise this year despite ‘flat’ 2025

ULC is expected to climb as productivity growth slows and wages increase.
2 days ago

Electronics and Biomed seize $12.1b as Singapore anchors AI chip demand

Manufacturing led FAI as semiconductor firms expanded facilities for global AI servers.
2 days ago

Raffles Education net profit falls 58% to $3.11m in H1 FY2026

Revenue remains flat despite reversing a $0.32m operating loss from the past year.
2 days ago

DBS CEO's direct stake rises to 1.4 million shares via vesting

About 23,379 shares were vested at no cash consideration on 16 February.
2 days ago

AIA Singapore’s payout hits $40b in last decade

Claims and maturity proceeds span protection and savings.
2 days ago

Mencast Holdings to divest Penjuru Road property in $21m deal

The sale is expected to yield a $7.7m gain and repay loans.
2 days ago