News

Manufacturing IPI hits 16.9% in October

It surpassed the Bloomberg consensus estimate of 14.5%.

SIA and Garuda Indonesia ink MoU for marketing initiatives

The agreement aims to grow tourism and economic activities as borders reopen. 

Frasers' Sing He Xiang participates in $337m joint venture

It will also enter a loan agreement worth $210.6m.

ComfortDelGro’s Metroline Travel Limited acquires $6.552m London property

The acquisition will be fully funded by cash through internal resources.

SIA announces VTL services to five more countries

These countries are Cambodia, the Maldives, Sri Lanka, Thailand, and Turkey.

ThaiBev’s net profit falls 4.8% YoY to $1.1m in FY2021

The decrease was driven by profit declines in their beer and non-alcoholic businesses.

Beijing Capital considering sale of Singapore waste recycling unit

Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.

October’s industrial production performance due to low-base levels and strong global demand

According to UOB, this growth was led by the biomedical manufacturing cluster. 

MPA, maritime sector holds inaugural cybersecurity exercise

Exercise CyberMaritime 2021 puts the sector's cybersecurity readiness to the test.

Sound the alarm: Cyberattacks in companies soar by 89%

This is equivalent to 236 attackers per company in a year.

Market update: STI down 1.77%

Genting Singapore was seen with the most growth.

AstraZeneca SG signs MOU with tech partners

The partnerships aim to improve care delivery and patient outcomes.

A*STAR and local SME develop cooling system that reduces energy consumption by up to 50%

The KoolLogix cooling system for data centres uses passive heat extraction and removal.