Staff Reporter

Singapore firms face world’s highest ransomware risk

Mid-year conferences made it a prime global target.

Over 2 in 5 pessimistic on job opportunities as most firms face skill gaps

Less than half (47%) of professionals felt secure in their roles.

Khen Energy unit to build another 10-MW battery project in Sri Lanka

It is expected to start operation within nine months.

Core inflation rises to 1.4% in February

Headline CPI eases to 1.2% as housing and transport soften.

AEM teams with ASE on AI test push, raises $12m

Placement and warrants deepen semiconductor partnership.

SIA to launch daily Hangzhou flights from 1 June

Route expands mainland China network to nine destinations.

ASAS flags rise in AI-related ad feedback in 2025

Total complaints fell, but Gen AI cases more than doubled.

Daily Markets Briefing: STI down 2.17%; Top stock is Sembcorp

Sembcorp Industries is the top stock with a 2.60% increase.

Public sector and education lead PMET vacancies in tight labor market

Public Admin and Education leads Singapore PMET hiring, topping ICT by nearly 20%.

High Court bars Standard Chartered and BSI from BVI winding-up applications

The liquidators may pursue pre-UNCITRAL transactions claims.

Hongkong Land takes 10.8% stake in Suntec REIT for $541m

The group bought the interest at a discount of $2.03 per unit.

Horizon Quantum lists on Nasdaq following dMY merger

It raised about $154m to fund R&D, hardware testbed, and Triple Alpha.

Singapore to lead 2026 IPO wave as profitable FinTechs exit interim funding

EY said Singapore financial services are poised for IPOs after $84b Asia M&A surge.

Total employment rises by 55,500 in 2025 as unemployment stays low

Retrenchments remained within non-recessionary norms.

Rex International CFO Per Lind steps up as CEO after Lidgren exits

After leading Rex since 2013 listing, Måns Lidgren moves to advisory role for health reasons.