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Singapore and Indonesia to deepen cooperation on green economy, including sustainable development of Nusantara

Exploring opportunities in the green economy – including investing in the sustainable development of Indonesia’s new capital Nusantara – were among the many issues that Prime Minister Lee Hsien Loong and Indonesian President Joko Widodo discussed at their final leaders’ retreat on Monday (Apr 29).

Money launderer Su Baolin sentenced to 14 months’ jail

SU BAOLIN, one of the 10 foreign nationals involved with the more-than-S$3 billion money laundering case, was on Monday sentenced to 14 months’ jail.

Great Eastern reports 26% higher Q1 profit of S$306.7 million

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GREAT Eastern posted a 26 per cent year-on-year increase in profit to S$306.7 million for the first quarter ended March, versus S$244 million in the same period the year before.

Sembcorp announces long-term power purchase agreements with Equinix

SEMBCORP Industries wholly owned subsidiary, Sembcorp Power, has signed two long-term power purchase agreements with subsidiaries of Equinix, a US-based data-centre firm that operates as a real estate investment trust.

Health-tech startup Thrixen bags US$7 million from 22Health Ventures, Aldevron co-founder

HEALTH-TECH startup Thrixen has raised US$7 million in a round co-led by new investors 22Health Ventures, an early-stage health-tech investment firm, and John Ballantyne, co-founder of leading biotech player Aldevron.

Singapore stocks start week in the black ahead of US Fed meeting; STI up 0.1%

SINGAPORE stocks started the week in the black on Monday, tracking a broader gain across regional markets as investors anticipated a US Federal Reserve meeting later this week.