News

Three Wilmar subsidiary executives named in rice quality scandal

The suspects are PT PIM's president director, factory head, and quality control head.

FSL Trust’s net profit up 21% in H1

Earnings were stable, with one vessel disposed of during the period.

EuroSports Global chairman remains ‘suitable’ despite being charged

He faces 19 charges under Singapore’s Securities and Futures Act.

Acrophyte Hospitality Trust’s NPI declines 14.3% YoY in H1

Gross revenue of the group also went down 6.9% YoY during the same period.Acrophyte Hospitality Trust reported a 14.3% year-on-year (YoY) decline in net property income (NPI) for the first half of 2025 to $23.19m (US$18m).

Alstom to install Urbalis system for East-West Line stations

The deal covers upgrading three stations and extending the line to Changi Airport Terminal 5.

CSE Global bags $59.3m contract in US data centre market

This is an extension contract with an existing hyperscaler customer.

Daily Markets Briefing: STI up 0.27%; Top stock is Thai Beverage

Thai Beverage is the top stock with a 2.17% increase.

TransferMate clinches MAS approval to add payment services

This expands its existing suite of products in Singapore to include storing funds.

Entrepreneurs fear heirs reject family business legacy

Succession planning remains one of the most sensitive challenges for family businesses.

Singapore is third most active markets in prime properties: report

Other most active markets include Monaco and Geneva.

Singapore F&B sales fall 1.5% in June

Cafes, food courts and other eating places posted the sharpest drop at -3.5%.

Retail sales dip 1.2% in June

Total retail sales in June were estimated at $4.0b.

5 SG firms land on Forbes Asia’s 2025 Best Under A Billion list

Wealth management platform iFast debuted on this year’s list.