News
Civmec acquires shipbuilder Luerssen Australia in $16.7m deal
Civmec acquires shipbuilder Luerssen Australia in $16.7m deal
The deal is expected to be completed by 1 July 2025.
Singapore pledges $1.27m to global vaccine alliance
This follows previous support, including a $6.4m (US$5m) donation in 2020.
IHH Healthcare’s $5m grant to boost clinical research, innovation
The fund will be disbursed over five years.
SATS completes sale of 49% stake in SERVAIR-SATS
It agreed to sell 509,600 ordinary shares in SERVAIR-SATS.
Condo resale prices up 5.3% in May
A $9m unit at Wing On Life Garden was the month’s most expensive resale.
AWS launches innovation hub in Singapore
AWS and Digital Industry Singapore also launched the AI Springboard initiative.
Top Glove profit soars 222% to $21.4m in 9MFY2025
For 3QFY2025, PATAMI rose 17% QoQ to $10.5m.
Tender for Dunearn Road residential site closes
A Frasers-led consortium submitted the highest bid.
SBF calls for deadline extension on ISSB climate reporting for smaller listed firms
It outlined four key recommendations.
SATS’ CFO Manfred Seah to step down on 25 July
Seah holds 694,603 ordinary shares in SATS.
AEM Holdings raises H1 2025 revenue outlook
It resulted from an unexpected pull-in of orders from one of the group’s customers.
Aztech unit sells Johor property for $8.73m
Upon completion of the sale, Aztech will report a net gain of $4.15m (RM13.7m).
UMS Integration receives approval for Bursa Malaysia listing
A prospectus will be issued and made available.
Singapore tech firms dominate SEA funding in H1 2025
On a regional basis, the total funding for the SEA tech ecosystem amounted to $2.5b.
SIA sees minimal impact from Middle East airspace reroutes
The disruptions followed escalating tensions between Israel and Iran, which led to the closure of several regional airspaces on June 23.
Wong calls for flexible multilateralism at Summer Davos forum
At the same time, Singapore is engaging the EU, GCC, and Latin America to strengthen its global trade footprint.
Morgan Stanley projects RoE to rise to 14% for Singapore by 2030
The investment bank has reaffirmed its overweight rating on Singapore, citing these improving fundamentals as key to its bullish outlook.
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