Business
Changi Airport October passenger traffic rises 3.4% to 5.8 million
Changi Airport on Friday (Nov 21) reported a 3.4 per cent year-on-year increase in passenger traffic in October. Passenger traffic came in…
Tag
million
Business
Fact Check: NO EVIDENCE Zelenskyy Invested $500 Million, $1.5 Billion 'Of His Own Money' In Ski Resort In Western Ukraine -- Project's Developer Denies His Involvement
Did President of Ukraine Volodymyr Zelenskyy invest $500 million or $1.5 billion "of his own money" in "a ski resort in Western Ukraine"?…
Business
Coliwoo enters joint venture to acquire 1 King George's Avenue property for S$40 million
The REHAU Building will undergo conversion works to transform it into a co-living space Coliwoo Holdings has entered into a 50:50 joint…
Business
CDL divests US$143.5 million residential asset in larger Silicon Valley area to US institutional investor
Part of the group’s capital recycling and portfolio management, the sale allows it to lower gearing and redeploy capital City Developments…
Business
CDL sells US$143.5 million Silicon Valley residential asset
Part of the group’s capital recycling and portfolio management, the sale allows it to lower gearing and redeploy capital City Developments…
Business
Keppel Reit trustee prices S$100 million perpetual securities at 3.28%
The trustee of Keppel Real Estate Investment Trust, HSBC Institutional Trust Services (Singapore), on Wednesday (Nov 19) priced its…
Business
Stamford Tyres puts commercial property at 455 MacPherson Road up for sale at S$12.5 million
With a land area of 10,236 square feet, the location currently houses one of the company’s tyre retail outlets Tyre and wheel distributor…
Business
UltraGreen.ai aims to raise US$400 million in Singapore IPO, term sheet shows
UltraGreen.ai, a medical imaging and fluorescence-guided surgery company, is aiming to raise about US$400 million in a Singapore initial…
Business
Temasek leads US$80 million funding in power infrastructure provider Amperesand
The Series A round is co-led by the Singapore investment company and Walden Catalyst Ventures Amperesand, a next-generation power…
Business
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor…
Business
Malaysia-based restaurant software platform FeedMe raises US$5 million
FeedMe, a restaurant software platform based in Malaysia, has raised US$5 million led by Integra Partners with participation from Cento…
Business
StarHub prices S$300 million notes due 2035 at 2.55%
Telco StarHub priced on Monday (Nov 17) its issue of S$300 million worth of notes due in 2035 at 2.55 per cent, under its S$2 billion…
Business
CDL in advanced talks to sell Quayside Isle @ Sentosa Cove, which was put on market for S$111 million
Group also reports it is in advanced talks over the sale of Sentosa Cove’s Quayside Isle City Developments Ltd (CDL) and its joint venture…
Business
Chandra Asri gets US$750 million from KKR to buy ExxonMobil’s Singapore petrol stations
Indonesia’s Chandra Asri Pacific said on Monday (Nov 17) that it has secured a bespoke US$750 million financing package from investment…
Business
Del Monte Pacific Q2 net profit up 630.4% at US$16.8 million
Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million…
Business
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million
Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million…
Business
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million; shares up 20.9% at two-month high
Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million…
Business
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million; shares touch two-month high
Mainboard-listed Del Monte Pacific on Monday (Nov 17) reported a net profit of US$16.8 million for its second quarter of FY2026. This…
Business
Del Monte Pacific Q2 net profit jumps six times to US$16.8 million; shares touch two-month high
The improvements reflect strong operational efficiency and market demand, says the dual-listed group Mainboard-listed Del Monte Pacific on…
Business
ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan
The move will yield a one-off gain of around S$48.1 million, based on the S$60.2 million carrying value for Starco ST Engineering has…
Business
Frencken Q3 profit rises 7.5% to S$9.9 million
Semiconductor player Frencken posted a 7.5 per cent rise in net profit for its third quarter ended Sep 30 to S$9.9 million from S$9.2…
Business
Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division Semiconductor player Frencken posted a 7.5…
Business
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for…
Business
Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the…