News
Japan Foods Holding warns of net loss for FY2025
Japan Foods Holding warns of net loss for FY2025
The loss is attributable to weak sales, higher expenses, and impairment losses.
Philanthropy Asia Alliance launches new communities for health and climate action
The HHP Community aims to reduce preventable deaths and diseases across SEA.
CSE Global’s Q1 2025 new orders reach $155.3m
The majority of the new orders came from the communications business segment.
Asia’s climate finance remains ‘severely’ underfunded
The region faces an annual climate funding gap exceeding $1t (US$800b).
UOB and FNZ to launch new unit trust investing platform
The platform streamlines the investment process for retail and private clients.
Changi Airport awards contracts for Terminal 5 infrastructure works
The total value of the contracts is $4.75b.
Gates Foundation expands into Singapore with EDB support
The expansion aims to boost philanthropic partnerships across Southeast Asia.
Frasers Hospitality Trust NPI down 2.5% in H1 FY 2025
Gross revenue inched up 0.9% YoY.
SIAS strongly disagrees with Sinarmas Land offer valuation
It is calling for the offeror to revise their bid.
Gov’t seeks to enhance regulation of take-overs and mergers
Key proposals include protecting the competitive process for potential offerors.
EDB and TTFA launch carbon fund with initial $20m commitment
The DAF seeks to address funding challenges that typically affect early-stage carbon projects.
Singapore boosts trade links with Chile and Peru via PASFTA
Key features include tariff elimination on the majority of goods, streamlined customs procedures, among others.
Bots surpass humans in Singapore internet traffic in 2024: report
Bots were responsible for 50.4% of internet traffic in Singapore last year, whilst the global average stood at 51%.
Nomura lifts 2025 unemployment forecast to 2.4% on slowdown
The bank now expects unemployment to average 2.4% in 2025 (up from 2.0%) and 2.9% in 2026 (up from 2.2%).
Industrial sector holds firm with 1.1m sqm supply on the way: Colliers
The JTC All Industrial rental index rose for the 18th consecutive quarter, increasing 0.5% QoQ in Q1 2025.
Singapore reports 11% of APAC bot attacks
Malicious bots now drive 45% of Singapore’s internet traffic.
Daily Markets Briefing: STI up 0.12%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 5.04% increase.
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