News
Nio and investors to invest $2.43b in NIO China
Nio and investors to invest $2.43b in NIO China
Nio may invest an additional $3.6b in NIO China by the end of 2025.
GP Industries issues US$11m perpetual bonds with 9.5% annual distribution
The company will use the net proceeds for general corporate and working capital purposes.
CLAS boosts Singapore portfolio with $263m lyf Funan acquisition
The acquisition is yield-accretive.
SRS and SAS launch programme to upskill remisiers in digital strategies
The programme aims to enhance remisiers' ability to engage with clients.
COTD: Singaporeans plan to eat more fish, cut red meat consumption: report
Singaporeans plan to eat less lamb, goat, mutton, and beef.
Daily Markets Briefing: STI up 0.4%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 2.89% increase.
Flexibility gaps drive hybrid work dissatisfaction in Singapore
Generational differences, office space issues, and work-life balance are key factors.
HSBC expands Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager.
PUB to expand Tuas NEWater Factory capacity to 75 million gallons daily
It will launch a construction tender for the TNF expansion later this year.
Sheng Siong unit to acquire Jelita Property for $50.2m
It will fund the acquisition through internally generated funds.
Keppel secures contract to deliver cooling systems for Tengah BTO projects
The cooling systems will serve 3,500 households.
Manulife US REIT to clear 2025 loans with US$117m property divestment
It has US$130.7m in loans due by 2025.
88% employers acknowledge talent loss due to lack of respect to work-life boundaries
78% of employer respondents expressed concern about potential productivity losses.
Changi Airport Group announces loyalty programme updates
It aims to give enhanced benefits for Gold and Platinum members.
9 in 10 S’porean businesses cite improving cloud security as key priority
This is due to a cloud breach that could halt business operations.
Valuetronics injects $172m to boost JV’s AI computing infrastructure
The investment will add 750 MetaX GPU to Trio AI’s computing capacity.
Fuxing China reduces par value of share to $0.02
It will be down to the said value instead of $0.10 as announced previously.
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