SingPost directors quizzed about future strategies and CEO at AGM

SingPost directors quizzed about future strategies and CEO at AGM

[SINGAPORE] National postal service provider Singapore Post’s (SingPost) board was pressed by shareholders at its annual general meeting (AGM) on Wednesday (Jul 23) for more information about the path forward as its search for a new chief executive officer drags on. Meanwhile, chairman Simon Israel, at his last SingPost AGM before stepping down, disclosed that…

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Amazon shuts down Shanghai AI research lab: report

Amazon shuts down Shanghai AI research lab: report

Published Wed, Jul 23, 2025 · 08:49 PM Amazon is shutting down its Shanghai artificial intelligence lab, which was established by its cloud services arm in 2018, the Financial Times reported on Wednesday (Jul 23). The report comes after Reuters first reported last week that the company had cut at least hundreds of jobs globally…

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Why You Should Join Me at Hawkfest This September

Why You Should Join Me at Hawkfest This September

Hawkfest is happening on September 25th in Venice, California. JUST COME AND JOIN US!! This isn’t just another business conference — it’s a gathering I’ve personally designed to bring together entrepreneurs, marketers, and business leaders in a setting that encourages genuine connection and growth.As someone who has built multiple successful businesses, I’ve attended countless industry…

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Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to S$0.01812

Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to Salt=

The decline is due to the absence of one-off divestment gains and impact of weaker regional currencies [SINGAPORE] Mapletree Logistics Trust’s (MLT) distribution per unit fell 12.4 per cent to S$0.01812 for the first quarter ended June, from S$0.02068 in the previous corresponding period. Its manager on Wednesday (Jul 23) attributed the decline in DPU…

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Sabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions

Sabana Reit’s H1 DPU rises 26.9% to Salt=

[SINGAPORE] Sabana Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.017 for the first half of its fiscal year ended Jun 30, up 26.9 per cent from S$0.0134 in the corresponding year-ago period. Total income available for distribution grew to S$21.1 million, up 26.8 per cent from S$16.6 million in the…

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ST Engineering bags new contracts worth S$4.7 billion in Q2 2025

ST Engineering bags new contracts worth S.7 billion in Q2 2025

[SINGAPORE] ST Engineering on Wednesday (Jul 23) announced that it secured S$4.7 billion in new contracts in the second quarter of 2025. These comprise S$1.5 billion from the commercial aerospace segment, S$1.5 billion from the defence and public security segment, and S$1.7 billion from the urban solutions and satcom segment. The commercial aerospace…

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