News

SBF reelects Teo Siong Seng as chairman

His reappointment took effect on 20 May.

District 1 leads Singapore rents at $9,225 in Q1

Rents in these areas reached $9,225, $8,200, and $8,000 respectively.

Baiduri Bank opens Singapore representative office

Young Yi will serve as chief representative officer.

Economy up 3.9% YoY in Q1

This growth was driven by the wholesale trade, manufacturing, finance, and insurance sectors.

PwC to open $5.16m AI hub in Singapore

The project is supported by the Singapore Economic Development Board.

Joo Chiat Place shophouse up for sale for $8.5m

The sale will be conducted via an Expression of Interest exercise.

NHCS launches nationwide AI project to speed up heart scan analysis

SENSE’s deployment is scheduled for the third quarter of the year.

CGH and Hologic ink MoU on breast imaging research and education

Both will focus on the co-development of real-world evidence for imaging technologies.

SIA Engineering inks services agreements with SIA, Scoot

These agreements are expected to yield a total labour revenue of $1.3b.

Workplace inefficiencies could cost $85b annually: report

Fragmented digital experiences fuel inefficiency and workplace stress.

Delfi Limited’s EBITDA down 27.2% to $21.9m in Q1 on lower sales in Indonesia

Higher cocoa bean prices continue to weigh on chocolate manufacturers globally.

CDL doubles sales revenue to $1.9b in Q1 2025

It sold 795 units, 85% higher than the same quarter in 2024.

CLI establishes first onshore master fund in China

The master fund will invest in a series of sub-funds to acquire high-quality assets.

AEM and Intel Foundry expand access to system-level test, burn-in tech

This will enhance test coverage and accelerate time-to-market amongst others.

Quantified Energy ends funding round for solar drone tech expansion

The company specialises in drone-based electroluminescence inspection technology for solar PV systems.