News

F&B sales fall 5.6% in February

It was due to the difference in the timing of the Chinese New Year.

The Wild Ventures launched with $1m backing from global founders

The funding round included participation from high-profile names such as Alex Bouaziz (Deel).

STEM gender gap may limit innovation and growth: report

Only 30% of women surveyed believe equal career opportunities exist in STEM, compared to 41% of men.

Oiltek secures SGX approval to shift listing to Mainboard

The board also cautioned that there is no certainty the transfer or new constitution will be finalised.

Warburg Pincus expands Japan presence with two April acquisitions

The firm announced that its joint venture with Eastgate Group had acquired the Shinagawa Seaside West Tower.

Singapore leads in VC and M&A deals Q1 despite global slump

Digital Edge DC raised a staggering $640m in a Series A round.

Singapore faces tariff spillover risk despite lighter US duties

It has the highest direct exposure to US demand amongst all Asian economies studied.

Singapore amongst Asian economies most exposed to US tariffs: report

Singapore’s ability to negotiate tariff reductions remains unspecified.

Real estate developers adopt REDAS’ data-sharing platform

The platform helps developers consolidate time, cost, quality, and safety indicators.

King Wan Corporation bags $40.4m new contracts in Q1 2025

The projects are set to be completed in 2028.

Digital Core REIT issues $91m fixed rate notes due 2030

Proceeds will be used to fund an equity investment in Osaka 3 GK.

Retail sales fall 3.6% in February

The decline was partly due to the Chinese New Year.

Singapore GDP forecast lowered on tariff impact; MAS easing likely

There is a 90% chance MAS will enact a 1% slope reduction to zero, Nomura said.

Singapore surpasses San Francisco as top startup hub globally

Startups with sustainable business models lead investment deals.