Staff Reporter
Rex Int’l unit discovers oil well in Norway with strong yield potential
Rex Int’l unit discovers oil well in Norway with strong yield potential
The size of the well is estimated to be between 1.9 to 17.5 million barrels of oil equivalents.
IHH Healthcare to fast-track shift to value-based care
The group monitors over 360 quality indicators across eight high-volume procedures.
Seatrium delivers new floating production storage and offloading vessel
This is its 18th FPSO for BW Offshore.
RGE and TotalEnergies team up for solar, energy storage project in Indonesia
The project is under a develop, build, and operate arrangement.
Sembcorp bags 150 MW renewable hybrid project in India
The project is under a 25-year PPA with SJVN.
Seatrium net order book at $21.3b as of March
Out of the total, $7.1b comes from renewable and green energy projects.
New guide extends abuse prevention for community care workers
It will be distributed to all Community Care Organisations in June.
Singapore Paincare receives acquisition bid of $0.16 per share
The bid values the company at $33.24m (US$25.7m).
CapitaLand Ascendas REIT raises $500m in private placement
It issued 202 million units at $2.47 each.
SingWealth sets foot in Hong Kong with new insurance brokerage licence
It aims to replicate the financial services model it has established in Singapore.
Union Steel Holdings sells 40 million shares in Eneco Energy
The shares were sold to a third-party independent investor via a married deal.
Singapore launches decarbonisation playbook for manufacturers
It supports over 5,000 manufacturers.
SPX, Frasers Property Vietnam partner to build automated sorting centre in Hung Yen
Construction will start in Q3 2025.
Real wages in Singapore up 3.2% in 2024
Rank-and-file workers had the highest increase at 5.8%
Mm2 Asia disposes 21.02% stake in Vividthree Holdings
The company sold 97,553,226 shares to Hildrics Asia Growth Fund VCC.
S-REITs shift to cash-backed yields, eye 5.5% in FY 2025
It aims to minimise dilution and align distributions with recurring cash earnings.
Singapore leads in crypto adoption with 28% ownership rate: report
This marks a rise from 26% in 2024, placing the city-state ahead of traditionally strong markets like the UK, US, and Australia.
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