News

Kimly Limited’s wholly-owned subsidiary, Choh Dee Food House, has purchased the coffee shop property at 110 Yishun Ring Road #01-401 for $11m.
CCCS imposed a $4.8m penalty on TrustBuild Engineering & Construction and Hunan Fengtian Construction for bid-rigging three tenders.
Singapore-based Airwallex has completed a $387m (US$300m) Series F funding round, bringing its valuation to $8b (US$6.2b). The round includes $193.5m (US$150m) in secondary share transfers.
A*STAR and partners aunched the Electronic Design Automation (EDA) Garage to aid local semiconductor companies.
Singapore Telecommunications Limited (Singtel) has unveiled a share buyback programme valued at up to $2b, to be carried out over three years.
Singapore has secured the 4th spot in the 2025 Global Startup Ecosystem Index, overtaking Canada. This also marks the first time a country outside the US, UK, Israel, and Canada has made the top four.
Changi Airport Group posted a net profit attributable to shareholders of $841m for the financial year 2024/25.
Prudential plc has announced the appointment of Naveen Tahilyani as Regional CEO and Rajeev Mittal as CEO of its asset management arm.
The industrial sector is experiencing renewed investor interest in 2025 amidst global supply chain realignments and a surge in adoption of digital tech.