News

CK Hutchison sells Panama Canal port stake to BlackRock-backed group

The estimated enterprise value of the port is US$22.76b.

Tan Tock Seng Hospital, BUZUD to develop AI-driven insulin management app

The app will provide real-time tracking of carbohydrate intake and glucose levels.

National University Hospital begins Kent Ridge Campus redevelopment

By 2033, the hospital is expected to replace about 600 beds and add 100 more.

Grand Banks unveils Pasir Gudang composite manufacturing facility

The facility expands the company’s manufacturing yard by 25%.

Catherine Wu resigns as adviser to CDL subsidiary

Her departure comes amidst an ongoing corporate governance dispute within CDL.

Singapore’s February PMI slips to 50.7

This marks the 18th month of expansion for the sector.

UOB chairman increases stake in bank by 1,000 shares

Wong Kang Seng now holds a direct interest of 75,120 shares in the group.

European firms expand in Singapore with focus on AI, green tech

European firms are actively hiring skilled professionals on areas such as fintech, AI-driven automation, and cybersecurity.

Singapore banks face margin squeeze despite strong results: Moody’s

Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth.