Djan Magbanua

NetLink NBN Trust replaces ComfortDelGro on STI reserve list.

It lists the highest non-ranking constituents according to market capitalisation.

DFI Retail reports $326.58m loss for full year 2024

The group attributed it to divestments and impairments in the year.

Budget 2025 hit and miss

Most said that it solved short-term challenges but fell short for long-term pressures.

Developers to welcome extension on ABSD regime

This will give developers more wiggle room.

Government says no to separate COE category for private-hire cars

The government introduced regulatory changes for taxis and PHC.

Gov’t announces enhancements to Silver Housing Bonus

More private property owners will qualify for the scheme.

CK Hutchison sells Panama Canal port stake to BlackRock-backed group

The estimated enterprise value of the port is US$22.76b.

UOI to review proposal on Haw Par stake

The group said it would make further announcements when appropriate.

Singapore investigates suspected fraud in server shipments

Three individuals were arrested in connection to a shipment of high-tech chips.

Creative Technology CEO announces retirement

The group’s executive chairman will take over as interim CEO.

Singtel undecided on Gulf stake option

The amalgamation of Gulf and Intouch is set for 1 April.

Sheffield Green enters JV to open training centre in Malaysia

The group will own a 45% share in the JV company.