Fashion
DBS and Austrade ink deal to help Australian companies expand in South-east Asia
[SINGAPORE] DBS and the Australian Trade and Investment Commission (Austrade) on Wednesday (Jun 18) inked an agreement to deepen investment links between Australia and South-east Asia.In a joint statement,...
Malaysia to build 50% more gas-fired power capacity to meet data centre demand
[KUALA LUMPUR] Malaysia is expected to add 6-8 gigawatts of gas-fired power by 2030 to address growing electricity consumption driven by demand from data centres, an industry official said.The...
UBS, Pictet report data leak after cyberattack on provider, client data unaffected
Files containing details of tens of thousands of UBS employees were stolen, report saysPublished Wed, Jun 18, 2025 · 07:39 PM[ZURICH] Swiss banks UBS and Pictet on Wednesday (Jun...
Grab’s US$1.5 billion convertible issue seen as prepping for competition and need for capital: Maybank
[SINGAPORE] Grab’s recent move to upsize its five-year convertible note size to US$1.5 billion is timely given that the Asean digital sector – which includes food delivery – is...
European, North Asian companies also eyeing the potential of JS-SEZ: UOB banker
[SINGAPORE] The Johor-Singapore special economic zone (JS-SEZ) is drawing interest from companies not just from Singapore, but also from Europe and North Asia. Chiok Sook Yin, UOB’s head of...
CEO’s wealth hits US$33 billion as unprofitable Chinese medicine firm’s stock soars
[NEW YORK] A blistering rally in a tiny, money-losing traditional Chinese medicine company’s stock has vaulted its founder’s net worth to among the world’s largest fortunes.
The firm, Hong Kong-based...
EDB, US aerospace giant RTX sign MOU to invest, partner in AI and skills development
The deal, which details a 10-year roadmap to further long-term strategic collaboration, affirms Singapore’s role as a key hub for RTX’s global operations [SINGAPORE] The Singapore Economic Development Board...
Wilmar to buy over Nigeria-incorporated palm oil business from British JV partner for US$70 million
[SINGAPORE] Wilmar International is buying the remaining stake it does not already own in a Nigeria-incorporated palm oil business from its joint-venture (JV) partner, British manufacturer PZ Cussons, for...
Hoi Hup Realty clinches resolution to grant planning consent for London ‘High Holborn’ project
[SINGAPORE] Hoi Hup Realty on Wednesday (Jun 18) secured a resolution to grant planning consent from the City of London Corporation for the “High Holborn” project, an office-led regeneration...
Wilmar International down 4% after Jakarta’s seizure of 11.8 trillion rupiah from Wilmar Group in graft case
[SINGAPORE] The shares of Wilmar International fell on Wednesday (Jun 18) morning after the Indonesian authorities seized 11.8 trillion rupiah (S$928 million) from its parent company Wilmar Group in a...
Wilmar International down 4% after Indonesian authorities seize 11.8 trillion rupiah from Wilmar Group in graft case
[SINGAPORE] Shares of Wilmar International fell on Wednesday (Jun 18) morning after Indonesian authorities seized 11.8 trillion rupiah (S$928 million) from its parent company Wilmar Group in a palm-oil graft...
