Real Estate
Raffles Medical posts 63.8% drop in H2 profit to S$30.3 million
RAFFLES Medical Group posted a 63.8 per cent drop in net profit to S$30.3 million for the second half ended Dec 31, 2023, from S$83.7 million in the previous...
Seatrium’s H2 loss widens to S$1.7 billion, proposes 20-to-1 share consolidation to axe ‘penny stock’ status
SEATRIUM reported a net loss of S$1.7 billion for the second half ended Dec 31, 2023, widening from a net loss of S$118.3 million in the same period a...
China’s quant clampdown risks damaging fragile markets for years
CHINESE hedge funds were looking forward to a holiday break from the market turmoil when trouble started brewing last month. One manager had his short-selling orders abruptly rejected by...
China’s Honor globally launches AI-enhanced Magic 6 Pro smartphone
CHINESE technology company Honor on Sunday globally launched its new Magic 6 Pro smartphone and showcased an experimental eye-tracking AI function that enables users to remotely open and move...
Verdane raises 1.1 billion euros for digital, green bets in Europe
VERDANE has raised 1.1 billion euros (S$1.2 billion) for a new fund to invest in companies working to digitalise and decarbonise the European economy. The growth investment firm drew...
Singapore’s ‘mild’ green jet fuel levy lags global targets but provides clarity to industry: observers
SINGAPORE’S proposed levy on flights to fund sustainable aviation fuel lags international targets, said observers. Even so, it still provides some much-needed clarity to the aviation industry, with only...
Pan-United pivots to becoming a solutions provider by selling IP in sustainable concrete
READY-MIX concrete producer Pan-United Corporation is pivoting to be a solutions provider as it embarks on its plans to transform its business model.As part of this shift towards an...
Welcome to Singapore, Taylor Swift
AFTER Thai Prime Minister Srettha Thavisin let the cat out of the bag earlier this month, about Singapore providing financial support to Taylor Swift’s concerts, there has been some...
