News

Singapore targets ransomware with tougher policies, avoids payouts

New task forces, regulations, and public-private efforts shape a ransomware-resistant Singapore.

Sembcorp signs deal for hydrogen pipeline linking Indonesia and Singapore

Hydrogen may soon be transported between the two countries.

CPFIS funds' annual returns rise to 14.71% in Q3

Its quarterly average return, however, fell to 2.54% from 3.11% in Q2.

MSME share in Singapore e-commerce exports set to decline despite growth by 2028

Its share of revenues is expected to decline to 43% from 45%.

Singapore companies' AI readiness unchanged amidst lack of skilled talent: report

Notably, 18% of companies plan to increase AI funding to over 40% of the budget in the next years.

Financial controllers embrace AI but lack support for value creation

8% lack staff, and 13% lack budgets to shift to value-creating roles

Non-landed homes leasing volume climbs 24.4% QoQ in Q3

Attractive rents and new supply supported the overall lease volume growth.

Singapore commits US$500m to boost Asia’s green and transition projects

The government will also examine strategies for advancing carbon markets.

Animoca Brands secures additional $13m funding for Mocaverse

The company will utilise this to accelerate Web3 mass adoption.

Cortina Holdings net profit down 8.6% YoY in H1

The company said this was due to increased operating expenses.

Econ Healthcare profit soars 96.3% YoY in H1

Interim dividend stood at 0.48 cents per ordinary share.

Hyphens Pharma's Q3 net profit falls to $2m

Meanwhile, revenue rose thanks to stronger sales in Singapore and Malaysia.

BHG Retail records 96.6% occupancy rate in Q3

NLA for all six properties amounted to 179,585 square meters.