Staff Reporter

GXS narrows net loss to $208m in FY2025

GXS narrows net loss to $208m in FY2025

Net interest income rose to $55.6m, whilst operating expenses dipped to $217.6m.

SERT NPI slips 1.3% even as data centre strategy advances

This is thanks to a stable occupancy, positive rent reversion and capital recycling initiatives.

Yangzijiang Maritime bolsters fleet with 10 new vessels

Its orderbook spans tankers and bulk carriers with deliveries stretching to 2029.

CCS flags competition concerns over SUTL-Keppel Bay marina deal

A Phase 1 review found the parties are likely close competitors.

Vela Bay records 72% take-up at launch weekend

This is Bayshore’sfirst major launch in 20 years.

Singapore ranks 4th in Asia’s mobile network excellence index in Q1

It ranked 2nd for download speed and 3rd for 4G/5G in Opensignal network excellence.

MPACT FY25/26 DPU dips 0.6% to $0.0797 on weaker overseas contributions

Excluding a one-off tax charge, full-year DPU would have risen 1.1% to $0.0811.

IMDA blocks six inauthentic Singapore news sites

Six domains were cut off after election period activity were flagged.

Eneco Energy to buy Fastweld Engineering in $4.3m diversification move

This will expand the group into industrial engineering as it looks beyond logistics.

SAL unveils leadership playbook for legal professionals

It provides frameworks, tools, and resources for practitioners across all career stages and roles.

ST Engineering wins $4.8b in new contracts in Q1

Commercial Aerospace secured $1.7b in deals across MRO and A&S businesses.

DBS Bank taps Ascenda to boost rewards competition

Hong Kong launch begins 27 April as part of phased regional rollout.

Mooreast divests $29.7m shipyard asset to accelerate offshore wind push

Net proceeds of $19.2m to fund build-out at new Shipyard Crescent facility after asset sale deal.

Bank of Singapore reshuffles advisory team amidst UHNW focus

Jiawen Guo will oversee the Singapore based wealth advisory group.

Electronics lifts manufacturing output by 10.1% despite chemicals slump

The cluster grew 30% YoY on the back of semiconductors and AI-related demand.

AIA-INSEAD programme strengthens agency leadership pipeline

The new training model targets leadership capacity across Singapore advisory teams.

Rivelle Tampines EC sells out 572 units in second-round balloting

Second-round sales took up the EC’s final 58 units.