News

Temasek Holdings raises stake in ST Engineering to 51%

Temasek bought 77,700 shares through DBS Bank via a market transaction.

OUE REIT issues $120m green notes at 3.90% due 2031

The notes are issued under the $2b Multicurrency Debt Issuance Programme.

Only 27% of SG companies implement AI to support employees

Majority are planning to invest an average of $32,000 in AI next year.

Podium raises $20.4m in Series A-1 funding round

Autodesk led the funding round, with participation from Schindler and Lendlease.

Boustead Singapore bags $90m E&C contract in Malaysia

The contract involves the construction of a data center.

Singapore captures over half of seed deals in SEA

Singaporean investors account for 22% of all seed funding participation.

Three in 10 SG employees face sharp mental health decline: Report

Anxiety and depression are three times higher in younger age groups.

ThaiBev’s net profit slips 0.8% YoY in FY2024

The decline was attributed to a downturn in its spirits and food businesses.

HSBC launches new loan programme to enhance business ESG performance

The firms’ sustainability performance will be evaluated through Ecovadis.

Singapore ranks second in APAC for mobile malware and global IoT attacks

Mobile malware in the Asia Pacific increased by 77% YoY.

Tech solutions emerge as key to investor retention in Singapore

Singapore asset managers invest in tech to boost investor retention.

Private home prices see largest quarterly drop since 2020

Meanwhile, condo purchases rose for the third consecutive quarter.

Gov’t awards $40m to 12 projects to accelerate food innovation

The projects were identified through three different grant programmes.