Staff Reporter

Garcha Group sells Duxton Reserve Singapore to Lotus One Investment for $80m

Despite the ownership change, the group will stay on to manage the hotel during the transition period.

Ossia International receives privatisation offer

It will be via a voluntary unconditional cash offer of $0.16 per share.

NetLink NBN’s net profit drops 7.6% YoY in FY2025

The decline was partly offset by higher income tax credit.

Singtel unveils advanced 5G service

Existing 5G users have all been upgraded to Singtel 5G+ with 700Mhz.

LHN net profit up by 8.8% YoY in H1 2025

Revenue grew by 29.4% YoY to $70.6m

ISCA reshuffles council with new appointments, reappointments

It also plans to invest up to $7m in the SCAQ Programme and global expansion in 2025.

SG leads in Southeast Asia's private equity funding in Q1

Yinson Production Offshore Private Limited Energy had a $1.3b (US$1b) investment.

NODX expands 12.4% YoY in April

Both electronic and non-electronic NODX registered growth.

ShopBack debuts in the US, partners with over 2,000 merchants

Its US launch includes Amazon cashback, ShopBack Play, shipping rebates, quests, and auto-applied coupons.

Mirxes launches HK$1.08b Hong Kong IPO

The group is selling 46.62 million shares.

MTI sells three properties to Brookfield for $535.3m

Proceeds from the sale will first be used to repay debt.

Singapore Pools brings home SBR Technology Excellence Awards 2025 for data centre modernisation

The transformative upgrade has yielded annual savings of $4.2m and estimated annual reduction of 305 tonnes of CO₂*.

Singapore imports software talent, exports accountants abroad

There’s a developing talent crunch in the accounting space as interest in the profession wanes.