News
Epicsoft Asia’s buyout offer for Ban Leong becomes unconditional
The offer remained at $0.6029 per share.
Sembcorp unit agrees to settle gasoil claims dispute
The agreement was reached five years after the lawsuit was filed.
H2G Green taps Pek Hak Bin as its new CEO
His appointment will take effect on 1 June.
CapitaLand Ascendas REIT to acquire two properties for $700m
The deals boost CLAR’s Singapore portfolio by 6.6% to $11.7b.
Perennial Holdings, Guangzhou Metro ink deal for landmark hospital project
The project involves a $178.8m (RMB1b) investment.
Cortina Holdings profit up 4% YoY to $63.6m in FY2025
Revenue for the period also increased 6% YoY.
IMDA rolls out 800 AI jobs and training roles with partners
This initiative is being undertaken in partnership with AI Singapore and more than 25 companies.
IMDA expands GenAI initiative with AWS and Microsoft support
First launched in 2024, the initiative is designed to help SMEs integrate GenAI technologies into their operations.
Singapore boosts SME tech support with new AI partnerships
The initiatives are part of the Digital Enterprise Blueprint.
Firms face data, governance gaps in AI deployment: survey
More than half (53%) of organisations in Singapore lack the robust data infrastructure needed to support agentic AI systems.
Four in ten employers plan to add jobs in 2025 amidst growth needs
76% of firms hiring are doing so to support business growth, whilst 46% are seeking candidates with new skill sets.
Singapore output rebounds but late-year drag expected
Industrial production rose 5.3% MoM seasonally adjusted in April, reversing two months of contraction in March and February.
Hotel ADRs drop 5% YoY in Q1 2025
The average daily rate fell to $299.
Daily Markets Briefing: STI up 0.46%; Top stock is ST Engineering
ST Engineering is the top stock with a 2.51% increase.
Tame CPI pressures expected for Singapore in 2025: RHB
April saw a slight uptick in core inflation driven by firmer prices.
PAG, Tencent to acquire Chinese mall chain operator Wanda
The deal is estimated to be at $8.88b.
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Commentary
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