News

MAS commits to Foreign Exchange Global Code

The code promotes a robust, fair, liquid, open, and transparent FX market.

1 in 5 family businesses eye China as critical for expansion

About 7 in 10 of them are planning to go abroad or are already doing it.

IHH Healthcare profits crashed 88% to $19.25m

It was hit by costs from opening Gleneagles Hong Kong Hospital and Acibadem Altunizade Hospital.

ST Aerospace bags 12-year maintenance contract for A319 jet

It will repair the interior and auxiliary fuel tank of the airbus jet.

Chart of the Day: 4% of overseas investment in China flowed from Singapore

Majority of Singapore's overseas investment ends up in developing countries like China.

Daily Briefing: Blackstone buys La Quinta resort from GIC; PE firms struggle to fill space for directors

And here's why Malaysian PM Mahathir can't fully reject the high-speed rail project with Singapore.

Circles.Life's $0 plan could slowly erase telcos' wireless revenue

It launched a plan with 1GB of monthly data allocation, 30 minutes of voice, and 10 SMS.

CapitaLand to attach robotic product collector arms to Funan mall

It unveiled its plans that also involve a 24-hour click-and-collect shopping drive-thru.

Why developers are scrambling to innovate with AI now

Closed networks are out; open networks are in.

ComfortDelGro backs out of Uber deal

It will no longer acquire a 51% stake in Lion City Holdings.

Health care plans don't work for nearly 2 in 5 employees

Employers could not be getting a good return on their investments in health.

Services business receipts jumped 8.5% in Q1

The financial and insurance services sector led the growth at 14.2%.

Singapore manufacturing output up 9.1% in April

Growth was led by the electronics segment that has been in the black for 26 months.

Losses loom for Singapore banks as Hyflux struggles to stay liquid: Moody's

Half of the embattled firm’s debt comes in the form of unsecured bank loans.

SGX quizzed Noble on US$80.5m loss over derivatives

It was hit by the negative performance of some coal and carbon steel contracts.