Singapore

Starhub and NTT DOCOMO bring Open Radio Access Network to Singapore

The Open RAN lets enterprises customise radios and base stations to fit their needs.

Starhub and NTT DOCOMO bring Open Radio Access Network to Singapore

The Open RAN lets enterprises customise radios and base stations to fit their needs.

PEC Limited’s net profit soars to $15.996m in FY2024

Higher revenue and gross profit drove the increase.

KIT achieves 2.5 times subscription for $200m private placement

The final price per unit for the private placement was $0.438 apiece.

Lum Chang Holdings rebounds in H2 2024 with $7.4m net profit

In H2 2023, the company reported a $28.7m loss.

Former KTL Global CEO sentenced to eight months for false trading

He remains under investigation for two other charges.

Singapore workforce sees surge in AI adoption: report

One in 117 job postings in Singapore mentions GenAI.

Great Eastern names HSBC banker as new group CEO

Greg Hingston will take the helm once Khor Hock Seng retires on 31 Oct 2024.

8 in 10 Gen Zs interested in generative AI use: study

About 43% of them have already used AI for shopping.

Daily Markets Briefing: STI down 0.26%; Top stock is ThaiBev

ThaiBev is the top stock with a 1.92% increase.

CHART OF THE DAY: More Singaporeans see the positive impact of AI on education

Four in 10 are against banning the use of ChatGPT in schools.

Grocery shoppers turn to house brands as food prices rise

Nine in 10 shoppers have bought house brands in the last 12 months. 

EDPR and Microsoft partner on 20-year renewable energy deal

The tech company will purchase all energy exported from EDPR’s SolarNova 8 project.

Silverlake Axis plans to go private with $0.36 per share offer

Shareholders can opt to receive $0.30 in cash and one new redeemable preference share in E21.

Lok Yang Way site up for sale via tender

The tender will close on 22 October at 11 am.