Leadership

Chevron seeks buyers for 50% stake in Singapore refinery: sources
Chevron seeks buyers for 50% stake in Singapore refinery: sources
June 19, 2025
[SINGAPORE] US oil major Chevron has sought non-binding bids for the sale of its 50 per cent stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina,...
Grab-GoTo merger talks face Indonesian regulatory hurdles: sources
Grab-GoTo merger talks face Indonesian regulatory hurdles: sources
June 19, 2025
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food delivery company has run into regulatory hurdles, three sources said, casting...
Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move
Prudential, AIA still offering pre-authorisation at Mount Elizabeth hospitals despite Great Eastern’s shock move
June 19, 2025
[SINGAPORE] Insurers in Singapore are not following Great Eastern’s footsteps to suspend pre-authorisation certificates for admission into Mount Elizabeth Hospital and Mount Elizabeth Novena Hospital. Prudential and AIA told...
China’s EV powerhouse BYD accelerates into Europe’s heartland
China’s EV powerhouse BYD accelerates into Europe’s heartland
June 19, 2025
[LONDON] A synchronised flock of drones lit up the sky above Rome’s Olympic Stadium last month to mark the European launch of the latest electric hatchback from Chinese carmaker...
Microsoft prepared to abandon high-stakes talks with OpenAI: report
Microsoft prepared to abandon high-stakes talks with OpenAI: report
June 19, 2025
The startup requires approval from the tech giant to complete its transition into a public-benefit corporation, which it believes will make it easier to raise more capital Published Thu,...
Asia: Stocks drop after Fed warning, oil dips with Middle East in focus
Asia: Stocks drop after Fed warning, oil dips with Middle East in focus
June 19, 2025
[HONG KONG] Asian stocks fell on Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen economic growth, while oil prices edged...
PEC delists from SGX on Jun 19 after US5 million acquisition by Liberty Energy Solutions
PEC delists from SGX on Jun 19 after US$165 million acquisition by Liberty Energy Solutions
June 19, 2025
[SINGAPORE] Engineering company PEC has been delisted from the mainboard of the Singapore Exchange (SGX) as at 9 am on Thursday (Jun 19) after Alliance Energy Services’ offer to...
Alibaba Cloud to start second data centre in South Korea by June
Alibaba Cloud to start second data centre in South Korea by June
June 19, 2025
The company operates 87 availability zones across 29 global regions and is China’s largest cloud providerPublished Thu, Jun 19, 2025 · 10:47 AM[SEOUL] Alibaba Group Holding will open a...
Seatrium partners with Solvang, Norway to establish Carbon Capture and Storage systems
Seatrium partners with Solvang, Norway to establish Carbon Capture and Storage systems
June 19, 2025
[SINGAPORE] Seatrium announced on Thursday (Jun 19) that it had signed of a letter of intent (LOI) with Solvang, Norway for the installation and retrofitting of full-scale Carbon Capture...
NAB pays A1,200 penalty on breaches of consumer data rights rules
NAB pays A$751,200 penalty on breaches of consumer data rights rules
June 19, 2025
Published Thu, Jun 19, 2025 · 09:50 AMAUSTRALIA’S competition watchdog said on Thursday that the National Australia Bank had paid a fine of A$751,200 (S$629,000) over alleged breaches of...