News

Mooreast raises $6m from fully subscribed placement

New shares account for 14.65% of its enlarged capital. 

Parkway MediCentre taps AeviceMD for home asthma monitoring

The bottle cap-sized device tracks a child’s lung sounds continuously at night.

Elite UK REIT added to CPFIS, expanding retail access

Retail investors can now deploy CPF savings into REIT under new eligibility rules.

Clear Robotics scales autonomous electric vessel operations across regions

It raised $2.25m to expand fleet, develop larger ships, and automate port systems.

Singapore Kitchen Equipment CEO retained despite alleged fraud

Chua, along with senior manager Koh, is on bail after being charged. 

Analysts stay positive on S-REITs despite rate pressure

UOB Kay Hian and DBS said resilient yields, lower funding costs, and stronger assets could support recovery.

UOB's potential asset management sale could unlock value for wealth push

The bank is likely to reinvest any proceeds to enhance its advisory capabilities.

Funding freeze hits 33 SEA unicorns; $9b raised in last rounds

Nineteen firms pass 24 months without new rounds as cycles stretch.

Concord New Energy power generation falls 5.4% in May

Wind power generation dipped 3.4% during the month.

Mermaid Maritime, DS Global form JV to reactivate offshore vessel

The deal sets up local platform for reactivation and future deployment of support ship.

OCBC unveils local physical gold service for institutional clients

The bank will offer 12.4kg gold bars alongside 1kg kilobars. 

Asiaphos to acquire majority stake in DC Alliance, expanding into data centres

The term sheet covers Tier III facility plus optional capacity build-out rights.

Wi-Fi 7 penetration hits 25% in Singapore, outpacing Asia-Pacific

Study points to ISP bundling and 6 GHz uptake as adoption races ahead of regional peers