News

SingPost chairperson says talks with government ongoing in response to query about state aid
She says she cannot disclose the discussions “until and unless the government has decided that it wants to reveal it”[SINGAPORE] Singapore Post (SingPost) chairperson Teo Swee Lian said that...
ESR-Reit proposes to buy additional logistics asset in Australia for US$36.7 million
This adds to its recently proposed acquisition of five logistics properties in the same area[SINGAPORE] ESR Real Estate Investment Trust (ESR-Reit) has proposed to buy a freehold logistics property...
Suntec Reit posts 24.8% rise in H1 DPU to S$0.03936
[SINGAPORE] The manager of Suntec Real Estate Investment Trust (Reit) on Thursday (Jul 23) posted a distribution per unit (DPU) of S$0.03936 for the first half ended June, up...
Judge approves Anthropic’s $1.5-billion settlement with authors
Anthropic will pay $1.5 billion to authors whose pirated books it used to train its AI in the largest copyright settlement in U.S. history. Federal Judge Araceli Martinez-Olguin in...
Motorway group boss Michael Lim charged with evasion of excise duty and GST
The charges relate to around S$15,000 in underpaid GST and excise duty; he faces a maximum fine of around S$300,000LIM Ah Poh, the founder and owner of the Motorway...
Samsung’s US$400,000 bonus fuels labour disputes across South Korea
Published Thu, Jul 23, 2026 · 04:12 PM[SEOUL] Labour unions are rallying across South Korea after Samsung Electronics caved in to protests and agreed to hand out bonuses of...
Nestle to sell water unit stake for about US$3.4 billion to Platinum Equity
The companies will form a 50-50 joint venture called Peranel with an enterprise value of 4.9 billion eurosPublished Thu, Jul 23, 2026 · 03:05 PM[VEVEY, Switzerland] Nestle agreed to...
Malaysia, Hong Kong securities regulators agree to ease dual IPO listings, strengthen collaboration
Move aims to encourage cross-border investment, broaden access to both countries’ capital markets and enhance investment opportunitiesPublished Thu, Jul 23, 2026 · 01:26 PM[KUALA LUMPUR] Malaysian and Hong Kong...
Construction among Singapore’s top-performing sectors; up to S$53 billion demand forecasted in 2026: SGX
Among the 20 largest stocks in the sector, share prices gained an average of 56% over the past 12 months[SINGAPORE] Singapore’s construction sector grew 11.8 per cent year on...
Singapore’s SMEs are staying nimble to sustain business in the Middle East
Even amid uncertainty, some home-grown firms are looking to capture new growth opportunities[SINGAPORE] The Middle East has long been a key market for many Asian companies, which have sought...
Foundation Healthcare jumps 16% this week; UBS makes multiple stabilisation trades
[SINGAPORE] Shares of Foundation Healthcare has jumped around 16 per cent since the start of the week, with stabilisation manager UBS making multiple share purchases.The counter rose as much...