News

Nio and investors to invest $2.43b in NIO China

Nio may invest an additional $3.6b in NIO China by the end of 2025.

GP Industries issues US$11m perpetual bonds with 9.5% annual distribution

The company will use the net proceeds for general corporate and working capital purposes. 

SRS and SAS launch programme to upskill remisiers in digital strategies

The programme aims to enhance remisiers' ability to engage with clients.

Daily Markets Briefing: STI up 0.4%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 2.89% increase.

COTD: Singaporeans plan to eat more fish, cut red meat consumption: report

Singaporeans plan to eat less lamb, goat, mutton, and beef.

Flexibility gaps drive hybrid work dissatisfaction in Singapore

Generational differences, office space issues, and work-life balance are key factors.

HSBC expands Premier offering with health protection, future planner tool

The tool will provide recommendations and access to a relationship manager.

PUB to expand Tuas NEWater Factory capacity to 75 million gallons daily

It will launch a construction tender for the TNF expansion later this year.

Sheng Siong unit to acquire Jelita Property for $50.2m

It will fund the acquisition through internally generated funds.

88% employers acknowledge talent loss due to lack of respect to work-life boundaries

 78% of employer respondents expressed concern about potential productivity losses.

Changi Airport Group announces loyalty programme updates

It aims to give enhanced benefits for Gold and Platinum members. 

9 in 10 S’porean businesses cite improving cloud security as key priority

This is due to a cloud breach that could halt business operations. 

Valuetronics injects $172m to boost JV’s AI computing infrastructure

The investment will add 750 MetaX GPU to Trio AI’s computing capacity.