Real Estate
UMS Holdings acquires industrial land in Penang for RM15.2 million
This brings the group’s combined space in Singapore and Malaysia to over 1.2 million sq ftSEMICONDUCTOR company UMS Holdings’ wholly owned subsidiary has acquired 5.4 acres or approximately 235,000...
China’s rare earths firms rally as fresh industry overhaul looms
CHINA’S rare earths producers jumped after Beijing unveiled a regulatory overhaul of the sector that could squeeze supplies and lift languishing prices of the critical minerals.
A “unified development plan”...
Meta risks fines over ‘pay for privacy’ model breaking EU rules
THE EU accused Facebook owner Meta on Monday (Jul 1) of breaching the bloc’s digital rules, paving the way for potential fines worth billions of euros.
The charges against the...
UK consumer credit bounces back in May, Bank of England says
BRITISH consumers increased their borrowing in May by the most in four months after a dip in April, Bank of England data showed on Monday (Jul 1), adding to...
French tech group Atos reaches restructuring deal giving creditors control
ATOS’ creditors reached an agreement with the company that will see them take control of the embattled French IT services company instead of an outside investor.
Bondholders and lenders have...
EY Singapore to invest S$100 million in talent development programmes over five years
Additionally, a new management associate programme will allow participants to try different service lines and increase exposure to various industriesEY SINGAPORE will invest S$100 million over five years to...
Cyber insurance rates fall as businesses improve security: report
CYBER insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in a...
SIA’s CEO earned S$8.1 million, 20.6% higher in FY2024
Goh’s right-hand men, chief commercial officer Lee Lik Hsin and chief operations officer Tan Kai Ping, each drew a total remuneration of between S$3.5 million and S$3.75 million for...
