News
Two Singapore hospitals partner with Keppel to explore district cooling collaboration
Two Singapore hospitals partner with Keppel to explore district cooling collaboration
The MoU will study whether the DCS plant can supply chilled water to the hospitals.
SIAS slams Great Eastern on outcome of previous delisting offer
Great Eastern received a new voluntary delisting offer of $30.15 per share.
Retail sales edge up 0.3% YoY in April with broad-based growth
Excluding motor vehicles, growth would be higher year-on-year.
F&B sales rise 1.2% YoY in April, reversing March drop
In March, sales declined 2.7% YoY.
CapitaLand expands lodging fund with Tokyo mixed-use acquisition
This is the fund’s third acquisition and second in Japan.
Great Eastern secures extension to complete delisting
It was granted an extension until 30 September 2025.
Digital wealth platform Syfe raises $80m in funding round
It now has over $10b in assets, it said.
Retail vacancy up 0.6% in Q1
New completions increased available retail space.
Daily Markets Briefing: STI up 0.21%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 3.01% increase.
Fund inflows jump 167% to $7.6b in 2024: report
For the fourth quarter of 2024 alone, net inflows totalled $1.72b.
CPFIS funds gain 6.17% YoY despite mixed Q1
As of end-March 2025, the CPFIS covered a total of 232 funds.
Singapore ranks 48th in 2025's Global Business Complexity Index
The city-state is ranked fifth in Asia for business simplicity, the report says.
NYC, KPMG, IPRS launch Gen2050 youth action programme
The programme seeks to enable participants to create impactful, scalable projects addressing key societal issues.
Frasers Property launches Climate and Nature Transition Plan
The plan outlines its strategy to address pressing global challenges related to climate change and biodiversity loss.
Oiltek promotes its financial controller to CFO
Goh Chee Yong was recommended by the audit and risk committee and the CEO.
SATS sells 49.0% SERVAIR-SATS stake to Gate Gourmet
SATS sold 509,600 or $6.14m.
Fu Yu’s FY2024 revenue up 0.5% YoY
Gross profit rose 27.8% YoY.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia