Business
CSE Global records S$235.3 million in new Q4 orders
SYSTEMS integrator CSE Global has secured S$235.3 million worth of new orders for the fourth quarter ended Dec 31, 2024. In a bourse…
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Business
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the…
Business
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million. The deal will include the…
Business
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to…
Business
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previously DEPARTMENT store operator Parkson…
Business
TPG proposes to privatise Econ Healthcare in S$88 million deal
US private equity firm TPG, through its special purpose vehicle, is looking to take Catalist-listed nursing operator Econ Healthcare…
Business
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December,…
Business
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…
Business
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the…
Politics
Column: Pick your battles or all-out opposition? Our columnists debate Trump vs. the Democratic resistance
These are times that try Democratic souls. Shut out of power in Washington and facing an unbridled president taking a sledgehammer to…
Politics
California officials detail Trump funding freeze 'chaos,' warn another could cripple state
Maricela Ramirez was at an education conference in Washington, D.C., at the end of January when she and other attendees heard the…
Business
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
News
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Some people binge-watched shows during the Covid pandemic. Others picked up pickleball. But according to federal prosecutors, one Las…
Business
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended…
Business
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year…
Business
SIA Engineering Q3 net profit up 19.7% to S$38.2 million
SIA Engineering (SIAEC) reported that its net profit for the third quarter ended Dec 31, 2024, increased 42 per cent to S$38.2 million,…
Business
Fu Yu warns of loss for FY2024 on non-cash impairments of S$4 million
Excluding these, the group expects to post an operating profit and an improvement in financial performance for the fiscal year…
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
Business
DHS says it forced NYC to repay $59 million in migrant hotel money
Homeland Security said Wednesday that it has clawed back $59 million in taxpayer money that was recently paid out to New York City to take…
Business
Thomson Medical incurs net loss of S$12.9 million for H1 2025
HEALTHCARE provider Thomson Medical has posted a net loss of S$12.9 million for the first half of its 2025 fiscal year ending Dec 31,…
Business
iFast Q4 net profit up 46.3% to S$19.3 million
DIGITAL bank and wealth management platform iFast has reported a 46.3 per cent increase in net profit to S$19.3 million for the fourth…
Business
A*Star officially launches S$38 million MedTech Catapult to drive medical device commercialisation
THE Agency for Science, Technology and Research (A*Star) on Wednesday (Feb 12) launched MedTech Catapult, an initiative meant to…
Business
A*Star launches S$38 million MedTech Catapult to drive medical device commercialisation
THE Agency for Science, Technology and Research (A*Star) on Wednesday (Feb 12) launched MedTech Catapult, an initiative meant to…
Business
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter…