The Business Times
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Young Zhan Heng

Young Zhan Heng

JOURNALIST

Young Zhan Heng is a journalist with BT, covering telcos, tech and artificial intelligence. Zhan Heng graduated from the National University of Singapore with a degree in data science and economics.

emailzhyoung@sph.com.sg
Just over six in 10 of Indonesia’s companies are considered “first movers”, a BT survey has found.
ASEAN INTELLIGENCE

Indonesia leads Asean in AI adoption as demand for sovereign models rises: BT survey

Singapore sits in the middle, with 36% of firms identified as first movers and 47% as pragmatic optimisers

Mistral AI CEO Arthur Mensch says Singapore is a "great place to hire from".

AI startup Mistral to nearly treble Singapore headcount as it eyes growth in South-east Asia

With the city-state as a base, it aims to grow its presence in Thailand, Malaysia and elsewhere in region

Singapore businesses continue to eye the United States' large talent pool, robust venture capital ecosystem and mature consumer base.
BRUNCH

‘10% is nothing’: Singapore firms with US dealings soldier on, scale up despite Trump tariffs

Home-grown companies say the American market is as attractive as ever, even with import duties hurting margins

Catalist-listed NoonTalk is helmed by former DJ Dasmond Koh, who is its chief executive and executive director.

Dasmond Koh’s NoonTalk Media narrows Q3 loss by 41.9% to S$0.4 million

Revenue for the quarter is down 3.3% year on year at S$683,895

The increase in revenue was driven by higher service fees for buses, the result of higher fuel indexation and annual indexation.

SBS Transit Q1 profit slips 2.2% to S$15.6 million despite ridership gains

But its revenue grows by 4.8% to S$391.8 million

Mak was previously CEO of Standard Chartered Malaysia and the first Malaysian in the role.

CIMB appoints veteran banker Mak Joon Nien as Singapore CEO

This follows Victor Lee’s abrupt resignation last September

JustCo's The Collective. The group's memberships are “typically contracted on fixed-term or recurring subscription arrangements”, according to the prospectus.

Workspace provider JustCo files preliminary prospectus for mainboard IPO

The group plans to open 28 centres in 2026, bringing its total to 78; it also intends to enter new markets

Vin's Holdings previously confirmed that the irregular payments took place entirely under the tenure of its former group financial controller.

Vin’s Holdings secures settlement, partial repayment of S$44,300 from ex-employee

This is related to irregular transactions by a former key executive that was disclosed in April

This brings Sats' ownership of Nanjing Weizhou Airline Food Corporation to 90%, following its initial purchase of a 50% stake in 2019.

Sats acquires additional 40% stake in China aviation meal producer for 312.6 million yuan

The move will let the group capitalise on Chinese airlines’ increasing adoption of frozen food

The group attributes the rise in group revenue to heightened demand across technology domains that support AI-related infrastructure.

Venture posts 0.7% increase in Q1 earnings to S$56.3m amid strong AI infrastructure demand

Revenue for the quarter rises 1.9% to S$628.5 million, up 1.9% year from the previous year

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