News
MAS fines five payment firms $960,000 for AML/CFT breaches
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
ASL Marine divests Indonesian associate company
The group intends to use the proceeds for its working capital requirements.
ecoWise’s profit rebounds in FY 2025
The group's revenue increased by 9% year-on-year to $34.3m.
Fu Yu appoints new non-executive director at AGM
This followed a resolution tabled under a requisition by Lim Wei De, Victor.
Government upgrades Bishan Town Centre with new amenities
The proposed changes include a new hawker centre, a new polyclinic, and a revamped, air-conditioned bus interchange.
Alcon opens expanded Tuas plant with $600m global investment
It features advanced automation, smart manufacturing systems, and Industry 4.0 capabilities.
Japan’s NTT files prospectus for DC REIT listing on SGX
The IPO could raise up to $1b.
Daily Markets Briefing: STI up 0.7%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 3.36% increase.
Civmec acquires shipbuilder Luerssen Australia in $16.7m deal
The deal is expected to be completed by 1 July 2025.
Singapore pledges $1.27m to global vaccine alliance
This follows previous support, including a $6.4m (US$5m) donation in 2020.
IHH Healthcare’s $5m grant to boost clinical research, innovation
The fund will be disbursed over five years.
SATS completes sale of 49% stake in SERVAIR-SATS
It agreed to sell 509,600 ordinary shares in SERVAIR-SATS.
Condo resale prices up 5.3% in May
A $9m unit at Wing On Life Garden was the month’s most expensive resale.
AWS launches innovation hub in Singapore
AWS and Digital Industry Singapore also launched the AI Springboard initiative.
Top Glove profit soars 222% to $21.4m in 9MFY2025
For 3QFY2025, PATAMI rose 17% QoQ to $10.5m.
Tender for Dunearn Road residential site closes
A Frasers-led consortium submitted the highest bid.
SBF calls for deadline extension on ISSB climate reporting for smaller listed firms
It outlined four key recommendations.
Commentary
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.