Business

81 Chinese companies are ranked among the top 500 Southeast Asia, ranking first in revenue and profi

19 June 2025

Singaporean companies have also performed outstandingly in emerging fields, with tourism service companies such as Xinxiang Group (SATS), Changi Airport Group, etc. among the fastest-growing revenue companies. Fortune said that this trend benefited...

U.S. market rose slightly before the market on Tuesday, focusing on the secret plan of Meta CEO Zuck

11 June 2025

Facebook parent company Meta Platforms has been very active in the field of artificial intelligence recently. The overnight market has just reported that it is negotiating with AI startup Scale AI about investing billions of dollars in the startup....

Singapore s retail sales rose 0.3% year-on-year in April

6 June 2025

In April this year, retail sales excluding automobile sales increased by 0.8% year-on-year to 3.3 billion yuan. Retail sales of food and beverages turned from decline to rise, up 1.2% year-on-year to 947 million yuan. As for online sales, it account...

Cocoa manufacturer JB Foods issues surcharge shares and raises RMB 19 million as working capital

30 May 2025

According to the results of the share sale, it will issue approximately 34.59 million surcharges to shareholders who make irrevocable commitments, and the shares controlled by JB Cocoa will therefore be 46.63%, while the shares controlled by the fir...

SGD rose to eight-month high against USD, 1 USD against SGD 1.2848

25 May 2025

Data released by the Bureau of Statistics on Friday showed that Singapore's core inflation rate was 0.7% in April this year, higher than 0.5% in March and 0.5% higher than the median economist forecast. Chief economist of OCBC Bank, Lin Xiuxin,...

The privatization offer is approved by majority shareholders, Xinlianming Development will be delist

21 May 2025

After the closing of the market on Tuesday (May 20), SLB Development announced that the privatization offer made by the joint group consisting of the controlling shareholder Wang family has been approved by the majority shareholder. The company stat...