News
Singapore leads global AI investment with 27% of firms topping $1.28m: report
Singapore leads global AI investment with 27% of firms topping $1.28m: report
This places Singapore ahead of both the UK (18%) and the US (14%).
Singapore firms tighten credit terms as delays persist in 2024: report
However, the average credit period shortened slightly to 53 days, a sign of increasing financial caution.
MPA renews BV partnership on digital and green tech
It will focus on emerging technologies such as cybersecurity standards, new battery systems, and fuel cell integration.
DFI exits SG grocery market with minimal disruption expected
Macrovalue acquired DFI’s Cold Storage and Giant stores in Singapore for $125m.
Allianz signs MGA deal with Hydor for Asia marine liability cover
Hydor will be authorised to underwrite a range of marine liability products.
Daily Markets Briefing: STI down 0.03%; Top stock is Venture
Venture is the top stock with a 1.25% increase.
ICP Limited’s exit offer declared unconditional
The offer will close on 23 June.
Singapore Airlines partners with PALO IT on AI-powered product development
SIA will adopt PALO IT’s Generative AI Enhanced Engineering methodology.
Sheffield Green acquires training services business in Spain
The acquisition is part of its geographical expansion.
Amara privatisation offer closes with 97.74% valid acceptances
It will delist from SGX after completion of privatisation offer.
No increase in privatisation offer, Singapore Paincare confirms
The scheme document, including the notice of the scheme meeting, will be dispatched in due course.
Centurion eyes REIT listing on SGX Mainboard
There is no assurance that the transaction will proceed or materialise.
Raffles Medical, Chongqing Hospital to form new collaboration model
A key partnership area includes the development of a medical consortium.
VinFast posts $875.7m Q1 loss despite strong revenue growth
Total revenues rose 149.9 YoY.
Enviro-Hub demands $6.95m from Pastel Gloves over failed profit guarantee
PGSB is expected to pay the full amount within seven days of receiving the letter.
Johor Regent, Singapore finalise land swap at Holland Road
ROJ gets 8.5 hectares of state land.
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