News

Asia-Pacific Strategic Investments CEO resigns due to health concerns

COO Lee Keng Mun will perform CEO duties amid the transition period.

Tung Lok warns of net loss for FY2025 on weaker sales

H2 profits were not sufficient to offset the losses recorded in H1.

Kingsmen Creatives invests $980,000 in Vietnam unit

It increased the charter capital of Kingsmen Vietnam to $2.35m.

Creative Technology appoints Freddy Sim as new CEO

He brings over 40 years of entrepreneurial experience to the role.

Jumbo Group unit, SJMF form JV to operate new SG restaurant

The partners will operate a Peking roast duck-themed restaurant in Singapore.

Singtel sells 1.2% stake in Bharti Airtel for $2b

The funds will support its 5G deployment.

Finance professionals eye entrepreneurship paths: report

The survey found that 37% of professionals have ambitions to be entrepreneurs.

Core inflation in Singapore seen steady at 0.5% in April: analyst

UOB expects headline CPI to fall between 0.5% and 0.4% MoM.

Singapore travel to Japan hits record high on strong SGD in 2024: Mastercard

Travellers from Singapore, India, and China are especially responsive to currency shifts, the report noted.

Singapore firms report $660,000 in losses from software issues: report

The data suggests that challenges around software reliability are having a measurable financial impact.

Daily Markets Briefing: STI up 0.15%; Top stock is CapLand Ascendas REIT

CapLand Ascendas REIT is the top stock with a 1.54% increase.

Prime retail rents rise marginally in Q1 2025

Island-wide retail occupancy rate fell to 93.2%.

Gov’t to launch over 50,000 new flats by 2027

This will also include the opening of new residential areas across the island.