News

Seatrium wins contract to construct Shell’s semi-submersible FPU

The FPU will produce 90,000 barrels of oil equivalent per day.

Oiltek secures new contracts worth $2.75m

The contracts will involve projects in Malaysia and South Korea.

Singapore's economic growth to accelerate in 2024: report

Experts expect the country's economy to grow by 2.7% in real terms next year.

New year, new work: 3 in 10 Singaporeans plan to switch jobs in 2024

Most workers planning a job shift are from the hospitality and education sectors.

Singapore warns of scammers impersonating central bank officers

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

M&A appetite declines to a 9-year low

Only 2 in 10 CEOs plan to ink an M&A deal in the next 12 months.

Residential redevelopment site at Sophia Road sells for $33.588m

Sin Thai Hin Development won the bid for the site.

Consumers buzz most about Changi Jewel amongst local retail and leisure attractions

The percentage of people talking about the airport stood at 30.2% in November.

CapitaLand Ascendas REIT divests 3 assets in Australia for $64.2m

The REIT will gain net proceeds of $60.8m from the divestment.

Zheng Le takes helm as deputy CEO of Tee International

He will also take over the executive director post.

Singapore to Manila and Bangkok emerge as Jetstar’s top routes for 2023

In 2023, the airline also launched four routes from Singapore to cities in China and Japan.

Link REIT appoints former BlackRock real estate head as new CIO

John Saunders will begin his CIO duties on 4 March 2024.

Top Glove cuts loss to $16.5m in 1Q24

The company narrowed its losses despite a lower revenue for the period.

SIAEC unit inks 15-year lease for two hangars in Subang, Malaysia

The hangars have a combined capacity of six simultaneous aircraft checks.