Renaissance United posted a S$190,000 net profit for the quarter ended July 31, reversing a year-ago loss, as its semiconductor testing arm ESA Electronics more than doubled sales on AI-driven memory chip demand.
Singapore Business
Bukit Sembawang Bids For Kallang Distripark Site In S$1.01 Billion Land Deal
Bukit Sembawang Estates will pay S$196 million for about 51,000 sqm at Kallang Distripark, with total land cost of about S$1.01 billion once lease charges are added. The interested person deal needs shareholder approval.
Thales Names Former EDB And Airbus Executive Derek Cheng As Singapore CEO
Thales has appointed Derek Cheng as Country Director for Singapore and CEO of Thales Solutions Asia, succeeding Emily Tan, who is leaving the group.
ComfortDelGro JV Seals Copenhagen Metro Deal
KBH Metro Partner, a joint venture between ComfortDelGro and RATP Dev, has signed a contract with … ComfortDelGro JV Seals Copenhagen Metro DealRead more
Anthropic Signs AI Pact With Singapore Government
Anthropic has opened a Singapore office, its fifth in Asia-Pacific, and signed a Memorandum of Understanding … Anthropic Signs AI Pact With Singapore GovernmentRead more
17% of Singapore Firms Rank as AI ‘Frontier Firms’, Study Finds
An IDC study commissioned by Microsoft finds 17% of Singapore organisations lead on AI maturity, versus 10% globally, with 41% reporting revenue gains.
DBS Launches Flagship Asia Future Forward Conference, PM Lawrence Wong to Headline AI-Focused Event
DBS will host the Asia Future Forward Conference on October 12, 2026, highlighting AI’s impact with key leaders.
Jungheinrich Marks 25 Years in Singapore as APAC Hub for Sustainable Intralogistics
Jungheinrich marks 25 years in Singapore, highlighting electrification leadership, automation expertise, regional expansion and sustainability across Asia-Pacific markets.
Singapore finance and insurance sector grew 6.2% in Q2
Singapore’s finance sector grows on lending and wealth inflows; GDP forecast raised as AI boom drives broader economic expansion.
Singapore Growth Forecast Raised Amid AI Boom
Singapore’s 2026 growth forecast raised to 4.5%–5.5%, with Nomura projecting 5.7% amid AI boom and resilient demand.