News
Frencken’s Q1 net profit up 12% YoY
Frencken’s Q1 net profit up 12% YoY
This was driven by higher contributions from the mechatronics division.
DBS CEO Tan Su Shan ranked sixth most powerful woman in business
Tan took the helm in SEA’s largest bank in April 2025.
Kimly unit acquires coffee shop at Yishun Ring road
The purchase consideration stood at $11m.
A*STAR and partners launch EDA Garage to aid semiconductor sector
CM Engineering Labs Singapore is the first subscriber of the initiative.
Prudential appoints Naveen Tahilyani and Rajeev Mittal to key leadership roles
Both will carry the title CEO.
PM Lawrence Wong retains role as finance minister
He also appointed nine new political office holders.
LHN sells Geylang Road property for $25.8m
It was sold to CWL Properties.
SingPost taps Teo Swee Lian as chairman-designate
Her appointment took effect on 21 May.
IHH subsidiary raises damages claim against Daiichi Sankyo to $1.8b
NTK initially sought damages of $179.7m
Savills taps Cheng Su Chen as group managing director
She has managed regional facilities management operations in Thailand and China.
Hongkong Land’s Q1 2025 underlying profit ‘in line’ YoY
The group’s net debt reduced to US$4.9b.
Changi Airport Group net profit doubles to $841m in FY2024/25
Passenger traffic reached 68.4 million in FY2024/25.
IMDA, Cisco to build 5G opportunities and risk testbed
Cisco will provide IMDA with its hybrid 5G Core Network Architecture.
Merchandise trade rises 4.9% YoY in Q1 2025
This growth is driven by increases in both exports and imports.
Yangzijiang Shipbuilding posts $374.25m order wins in YTD 2025
It represents just 5% of full-year target.
Yoma’s net profit falls 36% YoY in FY 2025
Revenue decreased by 7% YoY to $264.8m.
Singapore ranks 4th in global startup ecosystem index
Singapore City also moved up four places to 12th globally.
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