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.
CIMB appoints veteran banker Mak Joon Nien as new Singapore CEO
This comes after Victor Lee abruptly resigned in September 2025
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 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
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
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
Keppel Infrastructure Trust to acquire another 39% stake in Jurong Island power plant for S$128.1 million
KIT’s trustee manager says the proposed acquisition will generate stable and predictable cash flows
OCBC to acquire HSBC Indonesia’s wealth, retail business, adding S$6.6 billion in AUM
This move follows OCBC’s 2024 purchase of Bank Commonwealth Indonesia and deepens its push into the country’s wealth segment
Oracle anchors Apac AI growth through Singapore but layoff concerns loom
SMEs operating in Asia is a main growth driver as many of them route their operations through Singapore
Cognition fast-tracks Asia-Pacific expansion with new Singapore headquarters
This follows the tech company’s entry into the region through Japan earlier in April
DBS drives S$20 billion in Apac data centre deals as AI boom tests bank funding limits
If alternative financing channels and debt-recycling models fail to materialise, Asia’s data centre buildout could slow