News
Thakral associate Gemlife launches IPO at $3.47 apiece
Thakral associate Gemlife launches IPO at $3.47 apiece
Thakral intends to subscribe for an additional 600,962 GemLife Stapled Securities.
Marina Bay Sands deploys robot fleet for back-of-house deliveries
The company cut labour dependency by up to 30%.
Four retail units up for sale via EOI exercise
The assets are not subject to Additional Buyer’s Stamp Duty.
Rex Int'l reports over 10,874 barrels of oil in May
Its Norwegian subsidiary contributed 9,159 barrels of oil equivalent per day.
Singlife to support customers after Jetstar Asia closure
All claims will be assessed following applicable policy limits.
Singapore companies top Southeast Asia in revenue
Singaporean companies on the list generated $819b in combined revenue.
COTD: Gold tops local ETF inflows in H1 2025
The global gold spot price recorded its highest New York closing level in history.
Ocean Network Express launches sixth ammonia/methanol-ready vessel
The company has expanded its fleet with ONE Singapore.
Wilmar Subsidiaries post $984m security deposit amidst Indonesia legal appeal
Five Wilmar units are accused in the case.
Suntec REIT issues $250m perpetual securities
Net proceeds will be used to refinance existing borrowings.
Singapore ramps up public healthcare system with new AI tools
Authorities plan to merge HealthHub and other public health apps into a single platform by 2027.
AIMS APAC REIT completes divestment of 3 Toh Tuck Link property
It now holds 24 properties in Singapore.
Analysts revise down 2025 NODX forecast amidst trade uncertainty
UOB now expects a NODX growth of just 1–3% for 2025, whilst RHB maintains a flat growth projection.
M1, Ericsson to automate SG transport networks with AI
The solution uses AI and machine learning to automate network operations across microwave, IP, and optical systems.
Singapore exports expected to slow as US-bound demand moderates
The slowdown comes as the boost from front-loaded US-bound shipments wanes, exposing Singapore’s heavy reliance on external demand.
New home sales fall 53% in May amidst launch slowdown
The weak showing was largely due to the near absence of new launches—only 20 units came to market in May, compared to over 1,300 units in April.
Singapore records one of APAC’s lowest fossil fuel subsidy levels
In 2022, Singapore’s fossil fuel subsidies accounted for 5% of its GDP.
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