News

COTD: Trade, accommodation sectors most optimistic about Q4

The transportation and real estate industries show least optimism.

Sunway Group acquires MCL Land for $738.7m

The entity’s Singapore operations will be renamed as Sunway MCL.

Sheng Siong Group Q3 net profit surges to $43.8m

The group had a net profit of $116.1m for the past nine months.

What will drive Singapore’s general insurance market to bag $6.5 by 2030?

PA&H market alone is projected to make up a fourth of the sector’s total premiums.

Meta tightens safeguards against scams for WhatsApp, Messenger in Singapore

Meta apps can prohibit screen sharing and detect suspicious messages, amongst others.  

Novo Tellus, Grand Venture Technology end 'successful' partnership

Novo invested $30m in GVT in 2021 for semiconductor manufacturing.

Affluent cardholders lead spending, travel activity after F1 race: Visa

Affluent card users have 65% more shopping spend whilst 35% of travellers visited other places post-race weekend.

Stage One opens JTC LaunchPad @ One-North for tech startup collabs

It will host workshops, seminars, and business matching for local and international startups.

Sheng Siong Group earns $415.5m revenue in Q3 amidst store expansion

The firm opened 90 stores and saw a 4.4% YoY improvement in store sales during the quarter.

Changi Airport trials e-voucher assurance for travellers with delayed flights

They can get $10 e-vouchers through Changi App if their departing flight is delayed by three hours.

Singlife boosts insurance for MINDEF and MHA servicemen

The company has provided coverage for servicemen since 1983.

Yangzijiang Financial names new CEO, CFO

Peng headed the investment department of Yangzijiang Shipbuilding and is set to replace Liu Hua. 

Yangzijiang Maritime to debut on SGX after $5.2m placement

Spin-off from Yangzijiang Financial valued at about $2b at listing.

MAS proposes shifting IPO prospectus reviews to SGX RegCo

The move aims to streamline the listing process and enhance regulatory coordination.

MAS, police tighten coordination for Prince Holding Group probe

MAS said FIs have filed early alerts and shut suspect accounts, limiting fund exposure.