News

ESR-Reit divests two "non-core" assets for $53m

ESR-Reit divests of an industrial building and a warehouse for additional funds.

Olam expands business with US spice manufacturer acquisition

Olam Food Ingredients is set to acquire Olde Thompson for US$900m.

Changi Airport Group gets highest rating from Moody's

Moody's assigns a first-time Aaa issuer rating for the public airport operator.

LHN Limited acquires Geylang Road property for $13.5m

The real estate management firm bought it under an Option to Purchase agreement.

Employment increases for the first time in one full year

Approximately 4,800 Singaporeans found employment in the first quarter of the year.

Sunseap eyes expansion in Japan after latest Series E funding

The company earned an undisclosed amount from several new Japanese investors.

Work connections, breaks and things that office workers miss

Why do 70% of Singaporean professionals actually miss going to the office?

Aztech leads April tech stocks rally

The demand for hardware drove a 6.4% price gain in Singapore's top ten most traded technology stocks.

Jardine C&C bares lower performance ahead of earnings report

The investment arm of Jardine Matheson is struggling to recover from the pandemic.

Capitaland acquires its first hyperscale data centre in China

The firm is investing $757.7m for the acquisition.

Nanofilm mulls project postponements amidst global chip shortage

Nanofilm expects manufacturers to continue stockpiling chips.

Singtel deploys standalone sites amidst accelerated 5G push

The company has upgraded its 5G radio access network with advanced radio technologies.

Market Update: STI extends gains, up 0.3%

The Straits Times Index extended its gains as it closed up 0.3% or 9.53 points to end at 3,214.43 on Tuesday.

MAS forms group to boost Singapore fund management ecosystem

It will boost Singapore's value proposition as a fund domiciliation hub.

Hong Leong, Sunpower and Yangzijiang lead SG China Index

Singapore firms with huge investments in China have remained resilient over the last year.

No new stores, but Sheng Siong's net profit up 6.6% in Q1

The supermarket chain operator reported a $30.9m net profit despite unsuccessful plans to set up two new shops.