‘Very grim’: Singapore, regional petrochem sector could see more force majeure notices; EDB in contact with players

‘Very grim’: Singapore, regional petrochem sector could see more force majeure notices; EDB in contact with players

Government agencies are working to support companies amid the ‘evolving situation’ [SINGAPORE] The escalating conflict in the Middle East has cast a pall on Singapore’s petrochemical sector, with two key players declaring force majeure in the past week and some analysts expecting that more could follow. “It is looking very grim for Singapore’s petrochemical sector…

Read More

Renminbi adoption gains traction in Asean

Renminbi adoption gains traction in Asean

Momentum is growing through manufacturing activity, procurement flows and regional supply chains [SINGAPORE] The use of renminbi is expanding in Asean, with renminbi cross-border settlements hitting 8.9 trillion yuan (S$2.8 trillion) in 2025, up 50.7 per cent year on year, according to a new Standard Chartered report released on Monday (Mar 9). Between 2020 and…

Read More

Grab EGM to potentially boost Anthony Tan’s voting power

Grab EGM to potentially boost Anthony Tan’s voting power

The resolution, if passed, would double the voting power per Class B ordinary share from 45 to 90 votes [SINGAPORE] Grab will hold an extraordinary general meeting (EGM) on Mar 24 on a special resolution to double the votes attached to its “super-voting” Class B shares. The move could raise founder and group chief executive…

Read More

River Modern sells 90% of units on launch weekend

River Modern sells 90% of units on launch weekend

Real estate agencies say the robust sales reflect sustained demand for developments in the CCR [SINGAPORE] Riverfront condominium River Modern at River Valley moved 90 per cent of its units – 410 of the 455 in total – at an average price of S$3,266 per square foot (psf) over its launch weekend, said developer GuocoLand…

Read More

UI Boustead Reit: A new entrant in Singapore’s industrial Reit space

UI Boustead Reit: A new entrant in Singapore’s industrial Reit space

[SINGAPORE] UI Boustead Reit is expected to commence trading on the SGX mainboard on Mar 12. The Reit has a mandate to invest in logistics, general industrial, hi‑specs industrial and business space properties across the Asia-Pacific region. The initial public offering (IPO) portfolio comprises 23 properties, of which 21 are leasehold assets located in Singapore…

Read More

Viral Moments Die Fast Without a Real Funnel

Viral Moments Die Fast Without a Real Funnel

I’m Erik Huberman, and I’ve built businesses off both sparks and systems. The sparks feel great. The systems pay the bills. My take is simple: without a real funnel, viral wins fade into silence. Everyone loves the rush of a big moment. A celebrity post. A wild campaign. A spike in views. It looks like…

Read More