Utilities
King Wan secures $43.7m new mechanical and electrical contracts
King Wan secures $43.7m new mechanical and electrical contracts
The projects are scheduled to be completed between 2027 and 2028.
2025 budget must fund R&D in sustainability and AI governance: KPMG
They also advocate for increased funding in R&D for sustainable technologies and artificial intelligence governance.
Aprisium battles global water crisis in real time
The company does not need a lab because it detects water contaminants on-site.
TADA launches beta ride services in Hong Kong
Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.
Stable banking sector sees limited upside from NIM-driven earnings
Wealth management and treasury income will remain key drivers of non-interest income (non-II) in FY25F
Singapore firms lead ASEAN in sustainability initiative growth
26% of ASEAN organisations increased their sustainability efforts in 2024 than last year.
New aquaculture plan to boost high-quality fish egg supply and hatchery upgrades
It also aims to equip workers with modern aquaculture skills.
Sanli Environmental’s H1 2025 net profit rises 7.9% YoY to $1.7m
The increase was attributed to higher revenues from its business segments.
Sembcorp sells Sembcorp Environment to TBS Energi for $405m
Indonesia's TBS Energi operates a waste management portfolio in Singapore.
GIC to acquire 25% stake in Reworld™ from EQT Infrastructure
It expects to close the transaction in Q1 2025.
PUB issues $325m green notes at 2.502% fixed rate
The notes are due 2031.
PUB to expand Tuas NEWater Factory capacity to 75 million gallons daily
It will launch a construction tender for the TNF expansion later this year.
Keppel secures contract to deliver cooling systems for Tengah BTO projects
The cooling systems will serve 3,500 households.
Sterra Tech apologises for misleading marketing practices
Sterra Tech falsely claimed about the quality of Singapore's tap water.
Memiontec founders out on bail amidst CAD probe
They will continue in their executive roles at the company.
Boustead, Evotion Labs to launch EV battery swap stations in Singapore
Users can quickly exchange depleted motorcycle EV batteries for fully charged ones.
PUB opens tender for 55 MW floating solar panels at Pandan Reservoir
The tender will close on 26 September.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape