News

Rohto and Mitsui lead acquisition of Eu Yan Sang for $695M

The Japanese companies acquired an 86% stake in the company.

Rohto and Mitsui lead acquisition of Eu Yan Sang for $695M

The Japanese companies acquired an 86% stake in the company.

Nium raises US$50M in Series E round led by SEA sovereign fund

It will use the funds to accelerate its growth plans.

EMA and KOGAS ink deal on liquefied natural gas collaboration

They will share best practices and knowledge on procurement and supply management. 

Retail sales drop 1.2% YoY in April

Excluding motor vehicles, sales would have fallen 4.5% YoY.

SIA and Cathay partner to advance sustainability in the airline industry

The airlines will promote sustainable aviation fuel in APAC.

Singaporeans see kids as “great investments” for retirement: Manulife

Saving up for retirement is not a top priority for young individuals.

iPiD secures $7.13m in Pre-Series A funding

The startup will use the funds for expansion.

Singlife cuts costs by $4m yearly with AWS integration

At least 70% of its staff earned at least one AWS certification.

Singapore among APAC countries leading ultra-long payment delays: report

Payment behaviour the worst in textile and construction sectors.

Consideration to fly with Singapore Airlines plunges after SQ321 incident

Despite the drop, SIA remains the most considered airline amongst Singaporeans.

Daily Markets Briefing: STI down 0.5%; Top stock is ThaiBev

ThaiBev is the top stock with a 3.03% increase.

Rich Singaporean investors will have among the lowest cash allocations in the year to come: HSBC

Globally, investors want to keep nearly one-third of their portfolios to cash.