News

Keppel T&T, Converge sign deal for capacity on undersea cable system

Converge will invest over $133m (US$100m) in the new project.

Singapore maritime IT market to generate $6.4b by 2030

It is set to achieve a 7.9% annual growth rate from 2021.

UMS takes over JEP Holdings following manadory cash offer

Once the offer is completed, UMS would own 53.7% of JEP's issued shares.

DBS, Contour expand trade finance offerings to four Asia Pacific markets

DBS was the first Singaporean bank to join Contour's network.

KrisEnergy restructuring a bust, as Cambodian oil field "disappoints"

Keppel Corporation said there is a "material uncertainty" over its associate's ability to continue operating.

Shell to trial hydrogen fuel cells for ships in Singapore

The company will charter both the trial vessel and the hydrogen fuel provider.

Ascendas India Trust posts 5% net income increase amidst COVID-19 resurgence

The SGX mainboard-listed company saw lower total property income offset by lower property expenses.

BAS joins ASEAN in blockchain consortium with Australia

The ASEAN member states have signed an agreement to strengthen blockchain cooperation.

Market Update: STI down 1.22% on concerns over COVID-19 cases spike

The Straits Times Index (STI) extended its losses as it closed down by 39 points or 1.22% at 3,153.17 on Wednesday. This is due to Asian markets’ growing concerns over resurgence of COVID-19 outbreaks, weighing on global investor sentiment.

How companies can save costs in cyber attack response

This exclusive webinar will discuss how your cybersecurity team can shrink the time between detecting and handling cyber threats.

Better earnings seen ahead of Singapore banks' results: report

UOB "may surprise" with better net interest margins and lower credit costs, one analyst has said.

62% of employees fear stigma of discussing stress, mental health

Despite the toll of the pandemic on mental health, employees fear possible job loss when trying to seek help.

Ryde launches luxury ride hailing service

RydeLUXE aims to cater to high net-worth clientele.

Rents decline slows amidst retail recovery

Retail rents are expected to stabilize, after a predicted decline of 5%.

DBS to become largest shareholder of Shenzen bank

DBS Bank is set to acquire a 13% stake in Shenzhen Rural Commercial Bank and a seat on its board of directors.

Singapore tightens border measures for Indian travellers

Meanwhile border measures for Hong Kong, South Africa and UK travellers have been eased.