Posts by Stephanie Irvin
MacDermid Alpha Electronics Solutions expands Singapore production facility
[SINGAPORE] Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production facility in Tuas. The expansion aims to scale up the production of Agromax – its flagship silver sintering paste, which is used for bonding electrical components and creating electrical connections. In response to media queries, Tom Hunsinger,…
Read MoreJoint venture by Boustead Projects’ unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site
The site is the first under the industrial government land sales programme to be awarded with an additional three years of lease [SINGAPORE] A joint venture of Boustead Projects’ wholly owned subsidiary was awarded a tender by JTC Corporation on Friday (May 30) to develop an industrial facility on a land parcel under the Industrial…
Read MoreAI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
[SINGAPORE] Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will powers the demand for digital infrastructure and electricity, say Morgan Stanley analysts. In a report on Monday (May 26), the bank said the surge in capital expenditure is set to tighten regional…
Read MoreUS regulator drops lawsuit against Binance
Published Fri, May 30, 2025 · 11:51 AM [WASHINGTON] The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its majority shareholder, Changpeng Zhao. “In the exercise of its discretion and as a matter of policy, the Commission deems it appropriate to dismiss this litigation,” the…
Read MoreMicrosoft touts AI sales at town hall, reveals Barclays contract
MICROSOFT touted its progress selling artificial intelligence tools to corporate customers during a companywide town hall on Thursday, including a major deal with Barclays. Chief commercial officer Judson Althoff told employees that Barclays agreed to buy 100,000 licenses for Microsoft’s Copilot AI assistants, according to people familiar with the event. Althoff also said multiple dozen…
Read MoreBank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
[DUBLIN] Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about the global trade picture and its impact on domestic inflation. “Reading that is very hard at the moment…. It’s why we keep using, as you know,…
Read MoreUS judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
[NEW YORK] A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due to his cooperation. Timothy Leissner, a key architect of the massive bribery and kickback scheme involving a Malaysian sovereign wealth fund, will begin serving a 24-month…
Read MoreBusinesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards
[SINGAPORE] Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers were among the four ideas that won the DBS Foundation’s inaugural Impact Beyond Awards. They were unveiled during the DBS Foundation Impact Beyond Dialogue on Thursday (May 29). Collectively, the winners will receive S$3 million from…
Read MoreProportion of female directors at top 100 SGX companies surpasses 25% target in 2024
[SINGAPORE] The proportion of female directors in the largest 100 Singapore-listed companies hit 25.1 per cent last year, up from 23.7 per cent in 2023, the latest edition of the Singapore Board Diversity Review reported. The study, released on Friday (May 30), analysed the top 100 companies by market capitalisation with a primary listing on…
Read MoreThe First-time Homebuyer’s Guide to a Smooth Mortgage Process
Buying your first home is an exciting milestone, but it can also be overwhelming with all the decisions to make and steps to follow. Among the most crucial is securing the right mortgage, as it directly impacts your financial future and the overall experience of becoming a homeowner. The right preparation can simplify the process…
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