News

New Vision, Ascott breaks ground on 29-storey development in Tanjong Pagar

It features 137 units: 42 hotel rooms, 95 serviced apartments.

Singapore industrial output rises 8.3% YoY as swings persist

UOB said Q4 output averaged 18.8% YoY versus 5.3% in Q3, even as houses expect MAS to hold policy.

Micron breaks ground on $31b wafer fab

The facility is expected to create 1,600 jobs with wafer production slated to begin in the second half of 2028.

SIA is Singapore’s sole entry in Fortune's Top 50 'most admired' firms

The carrier was the highest-ranked Asian company after Japan’s Toyota Motor.

Rex International to raise $7.6m at $0.143 per share

The group issues 40.1m new shares at an 8.9% discount to Nursery Road-advised funds.

Metro Holdings sets up 2 new subsidiaries on investment, retail

Each subsidiary has a $10,000 capital and 10,000 ordinary shares.

Spackman finalises divestment of Studio Take

The disposal was completed on 26 January.

Huationg Global enters $7m placement deal with CGS International Securities

Net proceeds will fund working capital, whilst NTA and EPS dips slightly.

490,800-share grant triggers 3-year vesting at Jumbo Group

Executives face strict performance conditions to unlock their final 40% stake.

OUE REIT DPU jumps 8.3% in FY 2025 as finance costs retreat

Payout climbs to 2.23 cents despite a 6.2% slide in net property income.

Henkel targets high-growth markets with new regional hub

The Centre supports the semiconductor clusters of Malaysia, Thailand, and the Philippines.

GDInstitute launched to advance corporate board governance

The institute targets board accountability as regulatory scrutiny intensifies.

STT GDC launches AI test bed to trial HVDC efficiency

The facility on Jurong Island uses solid-state transformers to cut energy loss.

Customs collects $12.1b in revenue amidst ramped-up enforcement

Revenue collections and faster processing mark operations.

Manufacturing rises 8.3% in December despite 13.3% MoM crash

Electronics output grew 30.8% as biomedical manufacturing falls 38.8%.

Private home prices to grow modestly in 2026 amidst fewer launches

Lower interest rates support demand as sales and rents normalise.