News

Grab eyes up to $410m investment for remote driving expansion

Grab eyes up to $410m investment for remote driving expansion

With an initial $60m investment, it will acquire a minority stake in Vay Technology.
5 days ago

Franklin Templeton launches Singapore’s first tokenised fund

The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.
5 days ago

Fashion, gaming and beauty lead Singapore exports via PayPal

Gaming led monthly volume with around 1.7 million transactions.
5 days ago

Singapore cements wealth hub status with $92b digital payments: report

The firm noted that Singapore is home to approximately 242,400 millionaires, placing it fourth globally. 
5 days ago

Coliwoo expands co-living footprint as Singapore’s foreign population grows

Its hotel and serviced apartment-based properties offer stays as short as a night or week.
5 days ago

COTD: Auction listings jump 10% QoQ in Q3

The increase was driven by 85 mortgagee sale listings.
5 days ago

Daily Markets Briefing: STI down 0.09%; Top stock is Genting Singapore Limited

 Genting Singapore Limited is the top stock with a 3.36% increase.
5 days ago

About 42% of business leaders in Southeast Asia plan M&A deals in next year: study

Companies in the region may deploy aggressive capital for market share, Deloitte found.
5 days ago

iX Biopharma accelerates WaferiX portfolio commercialisation with Orion Labs deal

iX will commercialise its WaferiX drug delivery using Orion’s healthcare network in the county.
5 days ago

Savills names new APAC Capital Markets executive managing director

Neil Brookes will link Savills’ regional capital markets with the group’s global network.
5 days ago

Joo Chiat Road commercial property up for sale for $5.25m

The ground floor shop unit has a strata floor area of 120 square metres.
5 days ago

Soon Hock Property announces Kaki Bukit property disposal

It granted Bright Oasis an option to purchase the site for $1.5m. 
5 days ago

UMS Integration net profit rises to $30m in 9M on strong semiconductor sales

Sales in chips and semiconductor systems grew by 7% and a stable 1% YoY, respectively. UMS Integration Limited’s net attributable profit increased by 4% to $30.5m in the first nine months, as its overall sales climbed 5% YoY to $184.3m.
5 days ago

OCBC could distribute $460.7m in additional capital to investors

This would equate to about 13 Singaporean cents per share.
5 days ago

Boustead bags semiconductor project, raises 2026 order book to $193m

The 9,000-square-metre Tampines plant will be completed by Q4 2026.
5 days ago

Japan Foods widens net loss in H1

The group said it was mainly due to closures of underperforming restaurants.
5 days ago

Singapore records 3,357 F&B openings as of October

 The city-state also recorded 2,431 closures over the same period.
6 days ago