Business
NetLink NBN Trust’s 9-month profit down 12.9% at S$74.1 million
FIBRE network provider NetLink NBN Trust posted S$74.1 million profit after tax for the nine months ended December, down 12.9 per cent…
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Culture
Super Bowl 2025 Hits 126 Million Viewers, Most-Watched Ever
The Super Bowl has achieved its biggest audience ever for the second year in a row: An average of 126 million viewers watched the…
Business
GuocoLand H1 profit up 13 per cent to S$74.6 million
PROPERTY developer GuocoLand reported a net profit of S$74.6 million for the first half ended Dec 31, 2024, up 13 per cent year on year…
Business
China bubble tea maker Guming raises US$232 million in IPO, term sheet shows
CHINESE bubble tea firm Guming has raised US$232 million in a Hong Kong initial public offering (IPO) after setting the price of its…
Culture
Box Office: ‘Mufasa’ Leaps to $671 Million Globally, ‘Paddington in Peru’ Crosses $100 Million Milestone Overseas
“Mufasa” is still showing box office strength, with the photorealistic “Lion King” prequel clearing $671 million in global ticket sales.…
Business
Creative H1 loss widens to S$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the…
Business
Creative H1 loss widens to US$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the…
Business
Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions
Tax investigations in India can drag on for years and are often a sore point for foreign companies KIA on Friday (Feb 7) said it is…
Business
NoonTalk Media’s half-year loss narrows to S$0.9 million
ENTERTAINMENT company NoonTalk Media’s net loss for the six months ended Dec 31, 2024, was down to S$0.9 million from the S$1.3 million…
Business
F&N Q1 profit up 18.8% at S$52 million as soft drinks, beer sales jump
BEVERAGE maker F&N reported a net profit of S$52 million for the first quarter ended Dec 31, an 18.8 per cent increase from S$43.8 million…
Business
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million five-year green loan to finance the development of a new 58…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
Business
Japan Foods sinks into the red with S$2.9 million loss in Q3
JAPAN Foods sank into the red with a net loss of S$2.9 million for its third quarter ended Dec 31, 2024, compared with a net profit of…
Business
Japan Foods sinks into the red with 9M loss of S$2.9 million
JAPAN Foods sank into the red with a net loss of S$2.9 million for the nine months ended Dec 31, 2024, compared with a net profit of…
Business
SGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent…
Business
CapitaLand Malaysia Trust to buy three freehold industrial properties in Johor-Singapore SEZ for RM72 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Wednesday (Feb 5) signed a conditional agreement to acquire…
Business
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover…
Business
Keppel H2 profit from continuing operations up 19.9% to S$527.9 million
KEPPEL recorded a profit from continuing operations of S$527.9 million for its second half ended Dec 31, up 19.9 per cent from S$440.3…
Culture
‘The Recruit’ Season 2 Debuts With 5.9 Million Views, Taking Second Place on Netflix Top 10
“The Recruit” returned to the Netflix Top 10 in second place, achieving 5.9 million views in its first four days on Netflix. On the…
News
Grammy Weekend Raises $24 Million for Wildfire Relief and Other Causes
Three weeks ago, as wildfires raged across Los Angeles, there was some question over whether it would be in good taste to proceed with…
Business
Singapore’s Syfe makes A$65 million bid for Australian investing platform SelfWealth
SINGAPORE-BASED digital wealth platform Syfe on Tuesday (Feb 4) said it made a non-binding indicative offer to acquire SelfWealth, an…
Business
Temasek and CenterSquare launch US$100 million commercial real estate debt co-investment vehicle
The portfolio continues a strategy across the global real state investment manager’s debt fund series TEMASEK and CenterSquare Investment…
Business
Indonesian fund, Mitsui vie for US$300 million stake in toll operator RKE: sources
INDONESIA’S sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui are among prospective buyers of CVC Capital…