News

Valuetronics' net profit up 2.7% to $15.5m in H1 2026

Earnings per share stood at $0.38, up from $0.37 the last year.

Frasers Property's profit rises 17.8% YoY in FY 2025

However, revenue declined by 19.2% YoY to $3.4b.

Finance leaders flag governance risks with fast growing fintech systems

Finance leaders discuss macroeconomics, AI, new forms of money, policy sustainability, and more.

Job scams hit 53% of Singaporeans

Nearly one in five (18%) reported being affected by a scam.

Food Empire's revenue up 23.9% to $554.7m in 9M 2025

Higher sales in Southeast Asia, particularly Vietnam, contributed $95.5m to growth.

Sassuer REIT’s China retail spaces drive $91.3m rental income in 9M

Its retail portfolio in Liangjiang, Bishan, Hefei, and Kunming drove $594,300.

AEM Holdings reverses losses to $4.02m profit in 9M

Improvement of product mix and higher contributions from test solutions drove profit.

Acrophyte Hospitality posts 13.9% net property income decline in 9M

Disposition of US Hyatt properties and lower travel cited for decrease.

AI spending climbs 33% as digital readiness falls to 24%

Legacy systems and skills gaps slow AI deployment despite higher ROI.

SBF opens Bengaluru enterprise centre to support firms’ India expansion

The centre to engage 470 companies through advisory and missions

COSCO SHIPPING Singapore announces board reshuffle

The group has undergone an internal management restructure.

Western Union and TenPay Global launch co-branded store in Singapore

The two are partnering to bring an omni-channel remittance experience.

Watsons opens new beauty and wellness store at Bugis Junction

The 3,700-square-foot store targets the youth by featuring immersive zones.

IMAS launches educational tools on blockchain and tokenisation

This includes an e-learning module and a GenAI chatbot.

MAS, Bundesbank agree to deepen cooperation on tokenised payments

It aims to create new settlement solutions that reduce the costs and processing times of cross-border payments.