News
Huawei, Keppel to boost solar and BESS adoption in Asia
Huawei, Keppel to boost solar and BESS adoption in Asia
They will develop energy technologies for specific projects.
UOB maintains profitability despite possible slower loan growth
Management sees demand for hedging, particularly for foreign exchange.
OUE acquires 3.19% stake in Gemdale Properties for $24.5m
It involved 530 million ordinary shares.
Medeze Group launches partial offer for 10% stake in Cordlife
The offer is priced at $0.25 per share.
Zixin Group forecasts ‘significant higher’ profit for FY2025
It was driven by increased sales of fresh sweet potatoes.
Seatrium secures FSRU conversion contract from Höegh Evi
Engineering work starts this May.
Singapore stocks gain traction with strong retail inflows in Q2
The Straits Times Index posted a 1.1% drop in total return for Q2 2025 through May 7.
UMS’ net attributable profit rises to $9.8m in Q1
The board declared a tax-exempt dividend of $0.01 per share.
SBS Transit pioneers smart bus braking system in Singapore
The project is scheduled for a pilot launch in H1 2026.
Scoot to boost flight capacity in APAC
Scoot will add more flights to the Philippines, Australia, Thailand, and Taiwan.
Hyphens Pharma completes second tranche of Ardence Pharma acquisition
Hyphens Pharma acquired an additional 17% stake.
StarHub’s net earnings down 18.4% in Q1
Regional enterprise and broadband gains were offset by lower sales from other segments.
Lyon Investments increases offer price for Sinarmas Land
Closing date was also extended.
SBS Transit net profits dips 6.2% in Q1 2025
The group reported a revenue of $373.81m.
Jumbo Group’s H1 earnings falls 11.2% YoY
The decline was due to heightened competition and weak consumer confidence in China.
ThaiBev’s H1 net profit drops 9.2% YoY
Net profit for the period fell to $698.8m.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape