News

Fu Yu Corporation completes probe into supply chain unit

Fu Yu Corporation completes probe into supply chain unit

The investigation covered several key areas, including the 2021 acquisition of FYSCS (formerly Avantgarde Enterprise Pte Ltd).

bolttech, Globe Telecom launch annual phone upgrade programme

Flagship Forever will allow eligible customers to upgrade their smartphones every year without paying pretermination fees.

Daily Markets Briefing: STI up 0.52%; Top stock is Genting Sing

Genting Sing is the top stock with a 2.78% increase.

Which banks are most favored by Singapore’s wealthiest?

Top brands are those with wealth management expertise and international reach.

AsiaPhos plans $59.4m acquisition of Exquisite Mode in reverse takeover

The board believes the deal would allow the company to enter a new growth area.

Scoot expands global services by launching Dohop-powered booking platform

The platform enables customers to book self-connect itineraries.

Sembcorp bags Pandan Reservoir floating solar project

This is the company’s third floating solar project in Singapore.

Interest in thrift increases in Singapore

Thanks to Gen Z, who are getting into vintage style.

EnGro Corp strikes of dormant subsidiary in Malaysia

This is not expected to have any material impact on the company.

MetaOptics launches IPO at $0.20 per share

It is expected to raise $6m in gross proceeds.

Daily Markets Briefing: STI up 0.15%; Top stock is YZJ Shipbuilding SGD

YZJ Shipbuilding SGD is the top stock with a 6.53% increase.

Singapore renews LACAC deal to boost Latin American training

Under the agreement, AAS will offer 75 fellowships over the next three years for aviation professionals from LACAC’s 22 member states.

LTA to raise ERP rates by $1 at five expressways

The affected stretches include segments of the AYE, CTE, and PIE.

H2G Green forms new unit to expand into LNG and hydrogen trade

The new unit will build on H2G’s existing energy business in Singapore and focus on regional trading activities.

Mediacorp to cut 93 jobs amidst digital disruption and ad shifts

Mediacorp said impacted employees will receive a severance package of one month’s salary for each year of service.