Keppel said it has agreed to sell its 83.9% stake in Singapore-based mobile carrier M1 to Simba Telecom for almost S$1 billion ($779 million). It will retain M1's digital infrastructure business.
Singapore’s Keppel Divesting S$1.4 Billion M1 Telco at Loss
Singapore’s Keppel Ltd. is looking to divest its interest in one of the country’s major telecommunication providers for an estimated S$222 million ($173 million) accounting loss, as it seeks to ramp ...
Philippines’ AC Health partners with Singapore’s ABC Impact in vision to transform health for every Filipino
AC Health, the healthcare arm of Ayala Corporation, has secured a landmark investment from ABC Impact, the Singapore-based impact investor dedicated to Asia and backed by Temasek Trust and Temasek.
Services trade to continue growing despite shifting trade landscape: HSBC global trade chief
SINGAPORE] Even as tensions surrounding trade and geopolitics hog the headlines these days, there is still cause for optimism, said HSBC global head of global trade solutions Vivek Ramachandran. Read ...
Keppel to gain $778 million from sale of 83.9% stake in M1’s telecom business
Singapore's Keppel said on Monday it would receive net cash of S$1 billion ($778.15 million) for its 83.9% stake in subsidiary M1 Ltd, as the asset manager sells the unit's telecom business to ...
Keppel to sell M1 unit’s telco business to Simba Telecom
Singapore's Keppel said on Monday that it will sell the telecom business of subsidiary M1 Ltd to local company Simba Telecom, in a deal valuing the firm at S$1.43 billion ($1.11 billion), including ...
Singapore’s Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm
AC Health, the healthcare arm of the Philippines' oldest conglomerate Ayala Corp , said on Monday that a local entity backed by Singapore's state-investor Temasek will acquire a 16% minority stake in ...
Keppel to Sell Singapore Telco Operator for S$1.43 Billion
Conglomerate Keppel Corp. plans to sell its entire stake in Singapore telecom company M1 for an enterprise value of 1.43 billion Singapore dollars, equivalent to US$1.11 billion. Keppel said Monday ...
Singapore banks’ interest margins narrow in Q2, but DBS edges ahead
SINGAPORE] Singapore’s three local banks suffered compressed net interest margins (NIMs) in the second quarter of FY2025, as falling benchmark rates weighed on lending yields across the region. Read ...
Singapore to develop VERS framework in current term of government; no plans for more SERS
The Voluntary Early Redevelopment Scheme for public housing could kick off with a few selected sites from the first half of the next decade, says National Development Minister Chee Hong Tat.
Singapore can deliver and thrive in a fragmented global economy: Morgan Stanley analysts
The Republic has a track record in adapting to a changing global economic environment, they say. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore’s biggest corporate scandal – the criminal trial of Hyflux founder Olivia Lum and five others starts on Aug 11
Hyflux trial starts Monday, nearly three years after charges, Olivia Lum faces charges for omitting key Tuaspring project details.
Sing60 celebrates 60 years of Singapore music at Fort Canning Park
SINGAPORE] This December, the hills of Fort Canning Park will come alive with the glow of stage lights and the thrum of bass, as Singapore throws itself another big birthday party before the year ends ...
‘It’s so close’: Crowds turn up for Red Lions, mobile column at National Day heartland celebrations
National Day celebrations continued in the heartlands with mobile column displays, performances and activities, attracting over 170,000 residents across five districts. Read more at straitstimes.com.
Estimated 170,000 people turned up to celebrate Singapore’s 60th birthday bash in heartlands.
Singapore's 60th birthday bash continued with celebrations in the heartlands on Sunday. An estimated 170,000 people turned up in five areas to witness the Mobile Column - the country's advanced ...
Singapore’s projected data centre capacity growth lowest among Asia-Pacific: PwC report
SINGAPORE] Land limitations, as well as policies that support green data centres in Singapore, have constrained the city-state’s data centre capacity growth, indicated a recent PwC report. Read more ...