Technology
Grab contributed as much as 0.8% of Singapore GDP in 2023: report – The Business Times
RIDE-HAILING company Grab added S$5.2 billion to Singapore’s economy in 2023 through its on-demand services such as ride-hailing and delivery, an Oxford Economics report indicated. This is equivalent to...
China’s new rules to add one trillion yuan into market: analysts – The Business Times
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by...
Keppel gets US approval to build SG-US subsea cable amid region’s digital infrastructure push – The Business Times
KEPPEL has been granted a licence by the US for a subsea cable system connecting Singapore to the US, said the company on Friday (Jan 24).Spanning over 20,000 km,...
Stocks to watch: Mapletree Pan Asia Commercial Trust, Keppel DC Reit, Suntec Reit, ESR-Reit – The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday (Jan 24):Mapletree Pan Asia Commercial Trust (MPACT): Its manager posted a 9.1 per cent year-on-year...
Billionaire McCourt says he is open to teaming up on a TikTok bid – The Business Times
US BUSINESSMAN Frank McCourt is open to teaming up with other buyers on a bid to take over the US operations of TikTok as long as he can maintain...
EV maker Nikola explores sale, partnerships with cash dwindling – The Business Times
NIKOLA is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to sources familiar with the matter.Other possibilities under consideration...
Cartier appeal helps Richemont reach 100 billion Swiss francs market value – The Business Times
SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.
The company...