million
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Olam selling IT and digital services unit Mindsprint to Wipro for US$375 million
The agri-food giant will also spend US$100 million annually with the global tech company for eight years [SINGAPORE] Agri-food giant Olam Group is selling its information technology and digital services…
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Million Worth US Drone on Sale for as Low as $100—Iraqi Kids Sell Downed UAV on TikTok Live, Viral Post Reveals
A surreal collision of conflict and social media has gone viral, with clips claiming Iraqi children are selling million-dollar US drones for pocket change, though the reality is considerably more…
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Trump Medicaid Cuts Put 446 Hospitals in Danger, Threatening Care for 6.6 Million: California, New York, Illinois and Washington Among the States Facing the Biggest Hit – REPORT
The Trump administration’s Medicaid cuts could put hospital care out of reach for millions of Americans, with California, New York, Illinois, and Washington among the states facing the biggest hit,…
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Maersk’s S$200 million, fully automated warehouse opens in Singapore
It will double the company’s footprint to more than 2 million sq ft and is equipped with the latest in automation tech [SINGAPORE] Maersk opened its fully automated distribution centre in…
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Mapletree Logistics Trust books provision of RM28.1 million amid ongoing tax dispute in Malaysia
MLT’s manager says the trust is not expected to be materially impacted by the case, which is before a High Court [SINGAPORE] The manager of Mapletree Logistics Trust (MLT) has…
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Aims Apac Reit to divest S$15 million industrial property for capital recycling
The net proceeds may be redeployed towards acquisitions, asset enhancements and development opportunities [SINGAPORE] Aims Apac Real Estate Investment Trust ( AA Reit ) is looking to divest an industrial…
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Seatrium up 4.2% on S$50 million savings target ahead of full-year earnings
[SINGAPORE] Shares of marine and offshore specialist Seatrium rose on Monday (Feb 23) morning on news of its S$50 million savings target in annualised operational cost. The counter was up…
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Raffles Medical H2 profit rises 21.7% to S$38.5 million
This is mainly due to improved performance from its hospital services and insurance businesses [SINGAPORE] Raffles Medical Group posted a 21.7 per cent rise in net profit to S$38.5 million…
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DHS Spent Over $144 Million on Weapons, Ammunition and Accessories in 2025, Report Claims
The Department of Homeland Security committed to spend more than $144 million on weapons, ammunition and related accessories during the first year of President Donald Trump’s second term, according to…
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How a US$15 million Chinese pork deal turned into a cautionary tale for foreign investors
Behind-the-scenes moves, including a surprise restructuring, have left Chuming Group’s backers vexed and puzzled WHEN a group of foreign investors put millions of dollars into a once-leading Chinese pork processor…
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Epstein Estate Agrees To $35 Million Settlement With Victims
The estate of late sex trafficker Jeffrey Epstein has agreed to pay up to $35 million to resolve a long-running class action lawsuit brought by survivors who say they were…
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UOI H2 net profit surges 51.5% to S$23.7 million
[SINGAPORE] United Overseas Insurance (UOI), the insurance arm of UOB, posted a net profit of S$23.7 million for the second half of its 2025 fiscal year ended Dec 31 –…
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Parkway Life Reit secures 8.8 billion yen social loan from DBS, issues S$70 million green bond
The 10-year social loan is the first such facility the bank extends to the healthcare sector [SINGAPORE] Parkway Life Real Estate Investment Trust (Reit) has secured an 8.8 billion yen…
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Vicom posts 77.6% surge in H2 net profit to S$26.9 million
The group proposes a tax-exempt, one-tier final dividend of S$0.053 a share for FY2025, up from S$0.03 in the financial year before [SINGAPORE] Vehicle inspection company Vicom on Friday (Feb…
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Jollibee signs deal to buy South Korean hot pot chain for US$87 million
The company plans to spin off its business outside the Philippines and list it in the US Published Fri, Feb 20, 2026 · 02:18 PM [MANILA] Jollibee Foods, the Philippines’…
