News

Lawrence Wong starts first overseas trip as PM with Brunei and Malaysia visits

He will meet with His Royal Highness Prince Haji Al-Muhtadee Billah amongst others.

Alibaba cuts stake in SingPost via $33.3m deal

Alibaba’s interest in the company is now down to 11.34% from 14.56% previously.

Ryde announces European stock listings

The firm makes FSE and XSTU debut.

Daily Markets Briefing: STI down 0.23%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 2.91% increase.

ComfortDelGro Engineering deploys first KYC V7 electric vans in Singapore

The ComfortDelGro subsidiary is the exclusive distributor of these vehicles.

Business optimism up in Q3

Construction, transportation and finance sectors are the most optimistic.

Hong Leong Asia’s China Yuchai greenlights US$40m share buyback plan

The plan will be funded through operating cash flow and existing cash balance.

Singapore port container throughput soars to 16.90 million TEUs in 5M 2024

Container volumes handled in Singapore for the period increased by 7.7% YoY.

Savills to market 25% stake in Edinburgh’s St James Quarter

Savills was also appointed to market W Edinburgh's freehold disposal.

Yongmao Holdings settles crane incident with CMNT Investment

The incident involved a tower crane sold by Yongmao Machinery to CMNT in 2016.

Majority of heirs of Singapore family businesses find it hard to keep up with AI: study

The top concerns cited were cybersecurity, misinformation and legal risks.

Seatrium and GE Vernova secure third contract for TenneT's 2-GW HVDC system 

It is set to commence in June 2024, with commissioning expected by 2031.

Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226

The REIT recorded a lower DPU and a higher revenue for Q1 2O24.

Chart of the Day: More firms reported payment delays last year

The share of Singapore firms with payment delays fell to 62% from 77%.

Biomedics Laboratory to undergo voluntary liquidation amidst revenue slump

The company has faced challenges in carrying out its primary laboratory services business.