Business
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Soilbuild Construction bags new contracts totalling S$158 million
The deals enhance revenue visibility and bring group’s order book value to around S$1.07 billion as at end-December [SINGAPORE] Soilbuild Construction has secured new contracts with an aggregate value of…
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World’s biggest nickel mine in Indonesia told to cut output
Its 2026 quota is 12 million tonnes of ore production, down from 42 million tonnes in 2025 Published Wed, Feb 11, 2026 · 09:13 PM [SINGAPORE] The world’s biggest nickel…
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Deutsche Bank looks to boost loans for rich clients’ sports bets
Billionaires with sports investments include India’s Mukesh Ambani, France’s Bernard Arnault and Josh Harris in the US Published Wed, Feb 11, 2026 · 08:32 PM [FRANKFURT] Deutsche Bank is ramping…
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Starhill Global Reit CEO and executive director Ho Sing to step down in August
[SINGAPORE] Hospitality veteran Ho Sing is retiring and will step down as the chief executive officer and executive director of Starhill Global Real Estate Investment Trust (Reit) on Aug 10.…
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Prime US Reit H2 DPU rises to US$0.0049 on higher distributable income payout ratio
Distributable income down 18.8% at US$12.1 million due largely to lower property operating income as a result of lease expiries [SINGAPORE] The manager of Prime US Real Estate Investment Trust…
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China’s Zhipu unveils new AI model, jolting race with DeepSeek
Published Wed, Feb 11, 2026 · 06:40 PM [BEIJING] Chinese AI developer Zhipu is set to release an upgrade of its flagship model, accelerating a race to preempt an expected…
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Thomson Medical narrows H1 net loss to S$10.2 million on lower finance costs, steady operations
[SINGAPORE] Healthcare provider Thomson Medical has posted a net loss of S$10.2 million for the first half ended Dec 31, 2025, narrowing from a net loss of S$12.9 million in…
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Singapore stocks continue rally on Wednesday; STI up 0.4%
SGX leads gainers on blue-chip index; best performer on iEdge Singapore Next 50 Index is UOB Kay Hian [SINGAPORE] Singapore stocks ended higher on Wednesday (Feb 11), tracking regional indices.…
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Firms must move beyond AI ‘Ikea moment’ as most remain stuck in experimental stage: Josephine Teo
While there is high enthusiasm for AI, more than half of South-east Asian companies remain in the piloting stage, says a new report [SINGAPORE] The “Ikea moment” for artificial intelligence…
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China’s auto sales fall at fastest pace in nearly two years in January
Deals drop 19.5% from the year before to 1.4 million vehicles, the biggest decline since February 2024 Published Wed, Feb 11, 2026 · 05:42 PM [BEIJING] China’s car sales in…
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China’s top chipmaker SMIC warns rushed AI capacity could sit idle
AI-related infrastructure investment is projected to exceed US$3 trillion over the next five years Published Wed, Feb 11, 2026 · 04:40 PM [BEIJING] China’s top chipmaker has warned that breakaway…
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South-east Asia private equity deal value down 43% in 2025: EY
[SINGAPORE] Private equity (PE) deal value in South-east Asia fell 43 per cent and deal volume dropped 12 per cent in 2025 as investors grew more cautious amid geopolitical volatility.…
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South-east Asia private equity deal value down 43% in 2025: EY
[SINGAPORE] Private equity (PE) deal value in South-east Asia fell 43 per cent and deal volume dropped 12 per cent in 2025 as investors grew more cautious amid geopolitical volatility.…
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Apac fintech investment down 20.5% in 2025, venture capital investment hits decade-low
India is a major driver of investment activity in the region despite sharp decline [SINGAPORE] Fintech investment in Asia-Pacific declined by more than 20 per cent, with private equity and…
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Apac fintech investment down 20.5% in 2025; venture capital investment hits decade-low
India is a major driver of investment activity in the region despite a sharp decline [SINGAPORE] Fintech investment in the Asia-Pacific declined by more than 20 per cent in 2025,…
