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Philippine banks to lead profit growth among regional peers
[LONDON] Philippine banks, helped by robust loans, are poised to deliver the highest net interest income growth among South-east Asian lenders this year.Banks in the Philippines are expected to...
Singapore, Australia enters partnership to strengthen energy cooperation
It provides a framework for both energy regulators to promote cooperation and sharing of regulatory practices on gas and electricity markets[SINGAPORE] The Republic’s Energy Market Authority, as well as...
Seatrium bags S$170 million worth of new contract wins ahead of Q3 results
[SINGAPORE] Seatrium on Tuesday (Oct 28) announced that it has clinched S$170 million worth of new repair and upgrade contracts comprising major cruise, leisure and naval vessel projects.All works...
Keppel Infrastructure Trust 9-month distributable income up 59.2% at S$168.9 million on divestment gains
[SINGAPORE] Keppel Infrastructure Trust on Tuesday (Oct 28) reported a distributable income of S$168.9 million for its first nine months of 2025, up by 59.2 per cent from S$106.1...
Oil settles lower as Opec plans to increase oil output
Eight Opec+ nations are leaning towards making another modest increase in oil output for December[HOUSTON] Oil prices settled marginally lower on Monday (Oct 27) as Organization of the Petroleum...
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.On Friday, two of Grindr’s board members who are also...
CNB Raids Migrant Dormitory, Arrests Four Foreigners for Suspected Drug Offences
Singapore Central Narcotics Bureau (CNB) officers arrested four male foreign nationals, aged between 24 to 36, for drug offenses on October 22.On Saturday, October 25, CNB said in a...
First Reit extends lease for Siloam Hospitals Lippo Cikarang for ‘revenue stability’
Manager believes it is prudent to continue to have in place a short-term lease in line with market terms while its strategic review continues [SINGAPORE] First Real Estate Investment...
Buybacks take backseat as AI drives record US capex spending
INVESTORS are increasingly favouring US companies that channel capital towards AI innovation over those offering traditional shareholder payouts such as dividends and buybacks, even as the debate over soaring...
Singapore stocks track regional gains on Monday; STI up 0.4%
[SINGAPORE] Local stocks ended higher on Monday (Oct 27), tracking gains in the region. The benchmark Straits Times Index rose 0.4 per cent or 18.09 points to 4,440.3, while...
