News

Centurion Corporation unit acquires 65% stake in factory building plot for S$4.8 million
The aim is to develop and operate a purpose-built workers accommodation on the site[SINGAPORE] A wholly owned subsidiary of property player Centurion Corporation has purchased a 65 per cent...
GDS-backed DayOne to pick banks for US$5 billion US IPO, sources say
Published Fri, Feb 13, 2026 · 06:52 PM[SINGAPORE] DayOne Data Centers has selected banks to help arrange a US initial public offering (IPO) that may raise about US$5 billion,...
Ong Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high
[SINGAPORE] 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 31, 2025. Despite...
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 [SINGAPORE] Digital bank and wealth management platform iFast...
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 [SINGAPORE] Digital bank and wealth management platform iFast...
Lum Chang Creations receives SGX nod for mainboard transfer from Catalist
[SINGAPORE] Lum Chang Creations (LCC) on Friday (Feb 13) received in-principal approval from the Singapore Exchange (SGX) to transfer from the Catalist bourse to the mainboard.LCC managing director Lim...
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 with an eye on grabbing a larger share of...
Cnooc to lift offshore wind power capacity by 40% this year
Published Fri, Feb 13, 2026 · 11:45 AMCHINA National Offshore Oil Corporation (Cnooc) plans to boost its offshore wind power capacity by about 40 per cent this year, tapping...
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 pathPublished Fri, Feb 13, 2026 · 10:14 AM[BENGALURU] Gold and silver...
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 [SINGAPORE] The Singapore market pulled back on Friday (Feb...
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 countryPublished Fri, Feb 13, 2026 · 09:27 AM[KUALA LUMPUR] Malaysia’s biggest solar company Solarvest Holdings plans to...
Global EV sales hampered by China, US slowdown in January
Published Fri, Feb 13, 2026 · 09:11 AMGLOBAL EV registrations fell 3 per cent in January as the introduction of a purchase tax and lower EV subsidies in China...