News

IFA deems Cordlife's partial offer not fair and not reasonable

Medeze Treasury proposed to acquire 25.63 million shares in Cordlife at $0.25 each.

Most businesses are digitalised yet many miss optimal value: report

The report found that only 15% of businesses have fully integrated core systems.

Geo Energy unit divests Indonesian coal assets for $23m

Upon completion, both SBJ and BEK will no longer be part of the Geo Energy group.

Ban Leong nears delisting as Epicsoft Asia takes over

As of 12 June, Epicsoft Asia holds 100 million shares of Ban Leong.

3 in 5 firms feel ready to adopt AI: Survey

Half also said they are well-prepared to manage debt and risk.

Income to fully reimburse policyholders affected by Jetstar Asia closure

The airline is expected to report a net loss this financial year.

FairPrice unveils over 100 SG60 vouchers in anniversary savings drive

In 2024, the campaign generated nearly $1.4m in customer savings.

Singapore ranks third in APAC for life-work balance

It is placed behind New Zealand and Australia.

CapitaLand China Trust sells CapitaMall Yuhuating to CapitaLand Commercial C-REIT

CLCT will use part of the proceeds to subscribe to 5% of CLCR’s IPO units.

MPA signs deal with Firmus for seawater-cooled AI data centres

MPA will provide technical and regulatory guidance.

Singapore leads global AI investment with 27% of firms topping $1.28m: report

This places Singapore ahead of both the UK (18%) and the US (14%).

Singapore firms tighten credit terms as delays persist in 2024: report

However, the average credit period shortened slightly to 53 days, a sign of increasing financial caution.

MPA renews BV partnership on digital and green tech

It will focus on emerging technologies such as cybersecurity standards, new battery systems, and fuel cell integration.