Startups get a fillip at one-north Festival

STARTUP activity was kicked up a notch on Wednesday, with the launch of the one-north Festival, a four-day celebration of entrepreneurship, innovation and research co-organised by the Agency for Science, Technology and Research (A*Star) and JTC.

Creative awarded S$36m in legal proceedings against Huawei

CREATIVE Technology has been awarded some S$36 million in its legal proceedings in Singapore against Chinese telecoms company Huawei for damages and losses suffered in relation to a failed wireless broadband project - after a five-year-long court case.

Ex-KepReit chief appointed as MD and CIO at Lendlease

FORMER Keppel Reit Management chief Ng Hsueh Ling has been appointed managing director (Singapore) and chief investment officer (Asia) at Lendlease, the Australia-listed property group announced on Monday.

Former K-Reit chief Ng Hsueh Ling appointed MD, CIO at Lendlease

FORMER Keppel Reit Management chief Ng Hsueh Ling has been appointed managing director (Singapore) and chief investment officer (Asia) of Lendlease, the Australia-listed property group announced on Monday.

Ezion suspends trading on dismal Q2 earnings; posts US$2.57m loss

EZION Holdings on Monday requested a temporary trading suspension of its shares on dismal second quarter earnings.

mm2 Asia Q1 profit up 30% to S$6.4m

ENTERTAINMENT company mm2 Asia on Monday posted a 30 per cent year-on-year rise in net profit attributable to equity holders to S$6.4 million for its first quarter, on stronger performance by its core business of movie and TV production.

Singapore shares open lower on Monday

SINGAPORE stocks opened lower on Monday, with the Straits Times Index dropping 43.52 points or 1.31 per cent to 3,279.72.

Vallianz Q1 profit up 12.5% to US$4.3m

VALLIANZ Holdings on Monday announced a 12.5 per cent increase in net profit to US$4.26 million for the first quarter ended June 30, up from S$3.79 million a year ago, on an absence of an impairment charge of US$1.62 million that was recorded in the corresponding period the year ago.

Asian Pay TV Trust Q2 profit down 29% to S$11.4m

ASIAN Pay Television Trust on Monday reported a 29.4 per cent fall in net profit to S$11.4 million for the second quarter ended June 30, on higher operating expenses and net foreign exchange loss. This compared to a net profit of S$16.1 million a year ago.

Olam Q2 profit up 29% to S$147.7 m on growth in food category

OLAM International on Monday posted a nearly 29 per cent rise in net profit to S$147.7 million for the second quarter ended June 30 on growth in its food category, up from S$114.9 million a year ago.

ST Engineering Q2 profit falls 12% but revenue rises 8%

SINGAPORE Technologies Engineering (ST Engineering) on Friday reported a 12 per cent decline in net profit to S$111.5 million for the second quarter ended June 30, 2017.

GLP's Q1 profit down 29% at US$144.2m on lower revaluations

GLOBAL Logistic Properties (GLP) on Tuesday posted a 28.9 per cent fall in net profit to US$144.2 million for the first quarter ended June 30, down from US$202.9 million a year ago.
HOCK LOCK SIEW

Cashless future? S'pore needs bolder, overarching plan

JULY was a good month for e-payments in Singapore. PayNow, the long-awaited, bank-agnostic fund transfer service supported by seven banks here, was launched. Stripe, the San Francisco payments tech company, said that Singapore Internet businesses can accept payments via Alipay and WeChat Pay using...

SMRT to start bus services at Bukit Panjang Integrated Transport Hub on Sept 4

THE Bukit Panjang Integrated Transport Hub (BPITH) - the first Integrated Transport Hub run by SMRT Buses - will begin serving passengers on Sept 4, 2017.

Hot stock: Venture's share price hits high of S$15.74

SHARES of Venture Corporation reached a high of S$15.74 on early Tuesday morning, placing it among the top 20 gainers on the Singapore Exchange.

Manulife US Reit Q2 earnings mostly above projection; enters into US$51.6m mortgage facility

MANULIFE US Real Estate Investment Trust (Reit) on Tuesday announced second quarter earnings that were mostly above projection, and an entry into a US$51.6 million mortgage facility for a property in New Jersey.

Perennial Real Estate Q2 profit rises to S$17.1m

PERENNIAL Real Estate Holdings on Tuesday announced a net profit of S$17.1 million for the second quarter ended June 30, up from S$0.6 million a year ago.

Neo Group's loss narrows 74% for Q1

MAINBOARD-LISTED caterer Neo Group on Tuesday reported a 74 per cent narrowing of net loss to S$0.65 million for the first quarter ended June 30, from a net loss of S$2.5 million a year ago.

GLP's Q1 profit down 29%

GLOBAL Logistic Properties (GLP) on Tuesday posted a 28.9 per cent fall in net profit to US$144.2 million for the second quarter ended June 30, down from US$202.9 million a year ago.

Singapore top draw for startup professionals? Not so simple

A STUDY has ranked Singapore as the world's top city for professionals looking to work in a startup - a finding which has drawn mixed reviews from those in the local startup sector. ...
STARTUP LANDSCAPE

JTC LaunchPad has grown into dynamic startup ecosystem: NUS study

THE JTC LaunchPad @ one-north has matured into a dynamic ecosystem for startups, according to latest research findings by TechSG which were presented on Wednesday.

SPH-backed events startup raises S$0.68m in seed funding

HAPZ, a homegrown event-tech startup, said on Tuesday that it has raised S$0.68 million in seed funding.

mm2 to trade on Singapore Exchange mainboard on Aug 7

MM2 Asia on Tuesday announced that it will commence trading on the Singapore Exchange (SGX) mainboard at 9am on Aug 7.

NeraTel wins new network infrastructure contracts worth S$14.9m

MAINBOARD-LISTED communications and network solutions provider Nera Telecommunications on Tuesday said it has clinched a total of S$14.9 million worth of new contracts.

SPH-backed events startup raises S$0.68m in seed funding

HAPZ, a homegrown event-tech startup, said on Tuesday that it has raised S$0.68 million in seed funding.