News

CCCS clears iNova Pharmaceuticals’ acquisition of Mundipharma’s consumer healthcare business

The proposed transaction will not infringe Section 54 of the Competition Act of 2004.

MAS, partners ink MOU on blended finance partnership for energy transition

The parties aim to raise up to $2.7b in concessional and commercial capital. 

CLCT divests CapitaMall Shuangjing for $157.8m

Upon divestment, CLCT's portfolio will comprise 19 properties.

49,000 construction jobs created in 2023: report

Engineers were the most in-demand in the industry this year.

Succession: Entrepreneurs reveal their preferred choices for wealth allocation

Singaporean investors are more likely to invest in future businesses.

Singapore’s retail sales to rebound on year-end festivities, concerts: expert

Retailers can look forward to more spending this holiday season.

What are the most sought-after Christmas gifts in Singapore?

The top item saw an 186% spike in Google queries in December.

Nio widens net loss by 10.8% YoY to $861.26m in 3Q23

Compared to 2Q23, the company’s net loss was cut by 24.8%.

ST Telemedia to skip $350M perpetual securities redemption on January 2024

The distribution rate of securities will remain at 5.00% per annum.

Seatrium names Adrian Teng as new CFO

Teng will begin his duties as CFO on 1 January 2024.

Singtel to develop new generation AI data centres

These data centres can handle higher power-density AI workloads.

F&B sales growth eases to 2.4% in October

In September, F&B sales grew 6.9% YoY.

Retail sales drop 0.1% YoY in October

Month-on-month, sales fell by 0.8%.

Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions

Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.