Business
Offer for Low Keng Huat closes with 96.88% valid acceptances
The special-purpose vehicle will exercise its right to compulsorily acquire all remaining shares at the offer price of S$0.78 a share The…
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Business
Business
ThaiBev Q1 Ebitda up 1.8% at 16.7 billion baht despite lower revenue
Mainboard-listed Thai Beverage (ThaiBev) on Friday (Feb 13) said its sales revenue for the first quarter ended Dec 31, 2025 fell by 6 per…
Business
Hin Leong liquidator succeeds in High Court bid to wind up Yuantai Fuel Trading
During the Friday morning hearing, the bunker firm did not raise any objections to the order The High Court granted a winding-up order…
Business
GDS-backed DayOne to pick banks for US$5 billion US IPO, sources say
DayOne Data Centers has selected banks to help arrange a US initial public offering (IPO) that may raise about US$5 billion, sources said.…
Business
Ong Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high
Hotel Properties Ltd (HPL), owned by real estate magnate Ong Beng Seng, is expected to post a net loss for the financial year ended Dec…
Business
Singapore stocks falter on Friday; STI down 1.6%
Singapore shares ended lower on Friday (Feb 13), tracking losses on regional indices. The benchmark Straits Times Index (STI) fell 1.6 per…
Business
iFast unveils ‘Truly Global Business Model’, rebrands FSMOne to FSM Global
The group is repositioning itself to view its customers as international – not just from the markets in which it operates Digital bank and…
Business
DBS launches zero-remittance-fee payment service to Chinese digital wallet
The bank is also looking to link its DBS PayLah! service to Weixin Pay to further cross-border payments DBS customers looking to transfer…
Business
Poverty Porn: West's Selective Obsession and India's Economic Realities
In Western media, academia, NGOs, and popular culture, few topics generate as much fascination as the poverty of the developing…
Business
New MAS-MTI Growth Capital Workgroup aims to close gap between private capital and public listings
Led by Chee Hong Tat, the group includes top executives from GIC, Temasek and DBS, along with public and private sector representatives A…
Business
Lum Chang Creations receives SGX nod for mainboard transfer from Catalist
Lum Chang Creations (LCC) on Friday (Feb 13) received in-principal approval from the Singapore Exchange (SGX) to transfer from the…
Business
Deutsche Bank’s private bank eyes hiring push in emerging markets
Deutsche Bank plans to add up to 50 relationship managers in its emerging markets private banking unit this year, said a senior executive,…
Business
China is snapping up overseas assets again, from Puma to metals
The turnaround is gathering momentum after a prolonged lull that began in the mid to late 2010s After Beijing slammed them shut about a…
Business
Chinese automakers’ need for speed comes with a price
IN RECENT years, Chinese carmakers, particularly those focused on electric vehicles (EVs), have hit the accelerator on new model launches…
Business
Watch this space: Analysts upbeat on Singapore’s new space agency, but see no near-term lift for stocks
The formation of the National Space Agency of Singapore (NSAS) marks a pivotal step in the Republic’s push to strengthen its position in…
Business
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Analysts attribute recent spikes in retail demand to wealth-preservation seeking rather than festive buying Festive demand for gold ahead…
Business
Kiss Day 2026: Wishes, Messages, Greetings, and Quotes
Kiss Day is observed on the sixth day of Valentine's Week, and this year, it falls on Friday (February 13). The day represents intimacy…
Business
Valentine's Day 2026 Celebrations in Singapore, Australia, Canada, Mexico, and More
Valentine's Day 2026 is just around the corner, and people in various parts of the world, including Singapore, Australia, Canada, and…
Business
Gold and silver rise from near one-week lows on bargain-hunting
Investors now await inflation data due later in the day for more cues on the Fed’s monetary policy path Gold and silver rebounded on…
Business
CBS News considering new round of layoffs, could cut at least 15% of staff, Variety says
News is considering a new round of layoffs that could see cuts totaling at least 15 per cent of the current staff, Variety reported on…
Business
Japan Foods’ lead independent director investigated by CAD on ‘personal matter’
Tan Cher Ting has not been charged with any offence, but will step down from the role The lead independent director of restaurant operator…
Business
Banks drag STI below 5,000 post-Budget, but analysts see ample ‘fiscal dry powder’
The scaled-back handouts leave room for future support; the new measures could enable the continued recovery of the capital market The…
Business
Alpha Integrated Reit H2 DPU rises 20.4% to S$0.0183 on higher rent, occupancy
The Reit’s growth in net property income is mainly from positive rental reversions and an overall increase in occupancy rate Alpha…
Business
Malaysia’s solar leader to ramp up output as battery prices drop
Solarvest currently has around 1.2 GW of capacity in the South-east Asian country Malaysia’s biggest solar company Solarvest Holdings…