• UMS signs pact for joint venture with three Vietnamese precision engineering firms

    [SINGAPORE] High-precision semiconductor company UMS Integration on Friday (Jun 5) announced that it has inked a non-binding memorandum of understanding (MOU) to invest about US$3.6 million for a 51.6 per cent stake in a joint venture (JV) company in Vietnam.The proposed JV will consolidate three Vietnam-based precision engineering and metal plating companies – Viet Nguyen Mechanical Precision Company, Central Metal Mechanical Company and Global Metal Plating Company.The pact was signed with the founding shareholders of these firms, who will continue to manage the day-to-day operations of the restructured entity.Under the agreement, UMS will provide strategic guidance, customer development support and…

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Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

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World

  • Sea reports 6.2% increase in Q1 earnings to US$427.9 million

    [SINGAPORE] Sea on Tuesday (May 12) reported a 6.2 per cent increase in its first-quarter earnings to US$427.9 million, from US$403.1 million a year earlier. Earnings per share for the three months ended Mar 31 grew 2.9 per cent to US$0.70, from US$0.68 in Q1 2025. The growth was driven…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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