Manufacturing activity in Singapore expanded for the ninth consecutive month in May as it resumed a small, upward trajectory after stuttering somewhat in April amid weaker global growth. The ...
When will Singapore’s next general election be held? Political buzz sparks polls gear-up
The election boundaries committee had yet to be convened as of May 31, but analysts haven't ruled out a September election based on past timelines New PM Lawrence Wong should not be in a hurry and ...
CapitaLand Ascott Trust fully acquires US student accommodation property
SINGAPORE - CapitaLand Ascott Trust (Clas) has acquired the remaining 10 per cent stake in a 678-bed freehold student accommodation property in South Carolina. On June 4, its managers said they expect ... ( read original story ...)
Singapore looks to boost AI with plans for quantum computing and data centers
The latter is an open-engineering consortium supported by Qualcomm, Google, Intel, and NVIDIA and recognized by the US National Institute of Science and Technology under its AI Safety Consortium. AI ...
Shein IPO: Why the rumored London stock listing is as surprising as it is controversial
China-founded Shein is rumored to eyeing an IPO on the London Stock Exchange, a surprising choice for the fast-fashion behemoth
Eco-friendly financing needs rise in Asean as regulations evolve: corporate and investment banking expert
AS SUSTAINABILITY regulations evolve and disclosures are enhanced, eco-friendly finance is poised for a surge with governments across South-east Asia increasingly seeking blended financing solutions ...
OCBC sees positive structural demand drivers for Sembcorp but lowers fair value estimate slightly to $6.73
“As mentioned in our earlier report, the group plans to invest $14 billion over 2023-2028 and fund half of this growth via operating cash flow, a fifth by capital recycling and partnerships, and a ...
Singapore investing $1 million to research how built environment impacts mental well-being
Singapore is pumping $1 million into research into how the built environment can have an impact on mental well-being. The findings may shape future plans to make urban spaces healthier and more ...
Airlines to tighten seatbelt rules and use AI to predict turbulence after Singapore Airlines incident, Emirates boss says
Three major incidents involving turbulence in a week, including the death of a passenger on a flight, have led to a renewed focus on safety.
Singapore CEOs are shifting focus to AI investments, deprioritising investing in sustainability initiatives
SINGAPORE: Many Singapore CEOs are shifting focus to artificial intelligence (AI) from sustainability initiatives. According to a recent report from EY, around six in ten CEOs in Singapore have ...
Google’s latest data centre raises its investment in Singapore to S$6.7 billion
GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here. Read more at The Business Times.
Singapore unlikely to draw large-scale data-centre investment despite added capacity: report
SINGAPORE is unlikely to attract large-scale investments in data-centre capacity from foreign investors, despite its recent plans to increase its capacity, said a BMI market report on Monday (June 3).
Singapore PMI Expands Again, Signaling Progress in Manufacturing Recovery
SINGAPORE--A key gauge of Singapore's manufacturing sector ... Nevertheless, the outlook for the sector remains positive, he added. The PMI for electronics, which accounts for about a third of the ...
Google’s Singapore Investments Jump Over Fivefold To $5 Billion With Data Center Expansion
Google has completed the expansion of its data center in Singapore, adding to signs the race to build cloud infrastructure in Southeast Asia is heating up.
11 crypto exchanges in Hong Kong ‘deemed to be licensed’, paving way for first approvals since 2022
Crypto.com, which was founded in Hong Kong and now operates out of Singapore, is the largest of the exchanges “deemed to be licensed”. The city currently has just two exchanges approved to serve ...
Bank of Singapore establishes chief portfolio strategist
A new chief portfolio strategist position has been created by Bank of Singapore to oversee the asset allocation plan.