News
Straco’s net profit slumps 54.8% YoY in Q1
Revenue also fell 12.1% YoY.
Singapore core inflation rises to 0.7% in April
It was driven by higher food and services prices.
SLB Development shareholders greenlight parent company takeover
About 96.12% of shareholders voted for the resolution.
Grab launches first AI Centre of Excellence
It aims to accelerate AI-driven solutions that boost access, efficiency, and digital infrastructure.
Innovation key to ADR relevance—Singapore minister
Singapore aims to keep its ADR ecosystem relevant, trusted and useful to businesses.
Frencken’s Q1 net profit up 12% YoY
This was driven by higher contributions from the mechatronics division.
DBS CEO Tan Su Shan ranked sixth most powerful woman in business
Tan took the helm in SEA’s largest bank in April 2025.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
A*STAR and partners launch EDA Garage to aid semiconductor sector
CM Engineering Labs Singapore is the first subscriber of the initiative.
Prudential appoints Naveen Tahilyani and Rajeev Mittal to key leadership roles
Both will carry the title CEO.
PM Lawrence Wong retains role as finance minister
He also appointed nine new political office holders.
LHN sells Geylang Road property for $25.8m
It was sold to CWL Properties.
SingPost taps Teo Swee Lian as chairman-designate
Her appointment took effect on 21 May.
IHH subsidiary raises damages claim against Daiichi Sankyo to $1.8b
NTK initially sought damages of $179.7m
Savills taps Cheng Su Chen as group managing director
She has managed regional facilities management operations in Thailand and China.
Hongkong Land’s Q1 2025 underlying profit ‘in line’ YoY
The group’s net debt reduced to US$4.9b.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape