News

Lee Kim Tah pursues legal action in India JV dispute

The company is seeking $2.21m (INR16.5 crore) in damages.

GNC clears appeal hurdle in $24m dispute over 54 LAC stores

Judges restored lease-related orders after rejecting ONI’s natural justice claims.

Industrial production beats forecasts on AI-driven chip demand

UOB said structural AI tailwinds may offset petrochemical disruptions from the Middle East conflict.

Manufacturing output rises 17.6% in April

Electronics led the expansion, supported by robust AI-related demand.

STT GDC, Alibaba Cloud, NTUC to support 1,000 AI users

The initiative will provide AI tools, training, and implementation support for enterprises, developers, and students.

Canberra Drive EC site launched as first tender after new rules

Analysts expect cautious bidding as developers assess the impact of tighter EC ownership and financing rules.

Personal disposable income rises 5.2% in Q1

Personal saving bounced back by 6.7%, reversing a Q4 contraction. 

Four Siglap V freehold retail units for sale at $13m

The spaces are fully leased to hair salon and spa tenants for instant income. 

Singapore refreshes retail digital plan to drive AI adoption amongst SMEs

It places stronger focus on AI adoption across retail operations.

Only 13% of residents linger in the CBD for leisure

Residents want better walkability, green zones, and after-hours options. 

CEOs pivot from expansion to profit amidst energy shocks, EY says

Firms are now focusing on financial flexibility, operational efficiency and productivity gains.

Google Cloud, EnterpriseSG launch SEA AI startup programme

Selected founders can receive up to $447k (US$350k) in cloud credits. 

High Court rejects UOB late-fee claim after loan recall

The case involved a $556.2k credit line secured by an Oxley Bizhub unit.