News
AEM Holdings hit with patent infringement lawsuit by Advantest
AEM Holdings hit with patent infringement lawsuit by Advantest
AEM strongly denies the allegations.
CapitaLand Ascendas REIT to buy 3 SG industrial properties for $565.8m
The properties are 2 Pioneer Sector 1, Tuas Connection, and 9 Kallang Sector.
Singapore, Mongolia ink carbon credits deal
The deal sets out a framework for developing and trading carbon credits under Article 6 of the Paris Agreement.
ASL Marine eyes raising $7m through placement shares
This will fund business expansion and the broadening of its shareholder base.
Fleet expansion to propel growth for marine and offshore companies
Yard utilisation is also strong amidst demand for repairs.
Thakral’s The Beauty Tech Group prices $50m IPO on London Stock Exchange
The listing is scheduled for 8 October.
Del Monte Pacific to raise up to $774m in private placement to cut debt
The equity raise will be executed through Del Monte Philippines Inc.
Public sector emissions down 1.9% in FY2024
Total emissions were 3.6 million tonnes of carbon dioxide.
Independent panel formed to improve rail reliability
The panel will offer technical advice and share best practices to boost rail reliability.
Over 38,700 exploit attempts on Singapore firms blocked in H1
Kaspersky also detected over 470,000 web threats in Singapore alone.
Daily Markets Briefing: STI up 0.22%; Top stock is ST Engineering
Singapore Technologies Engineering Limited is the top stock with a 2.76% increase.
Retail rebound may fade as labour and trade headwinds emerge
RHB and UOB attributed the improvement to a rebound in tourism and targeted government support measures.
Hourly CFE matching could save SG $238.6m annually by 2030
A planned 1 GW link to Batam, Indonesia, would increase Singapore’s base CFE share to 10% from about 2.7%.
Fintechs accelerate global expansion with IFC partnerships
About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.
Tax policy pulls Singapore down global competitiveness ranking
Singapore slips to second place behind Switzerland in the IMD World Competitiveness Ranking.
Singapore banks introduce safeguard for large digital withdrawals
Accounts losing over 50% of balance may enter a 24-hour cool-off period.
Keppel-led consortium tapped for next phase of Jurong Island low-carbon ammonia project
A FEED study will be conducted for an ammonia power plant.
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