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
However, even as all three companies expect to continue riding the AI boom, the extent and pace of earnings growth are likely to vary among them.

Falling AI token costs could fuel next leg of Singapore semiconductor rally: analysts

2026-09-02T10:21:43.000Z
Observers note that Singapore remains a “tier-1” data centre market, suited for high-value inference and sovereign artificial intelligence workloads.

Singapore firms dominate S-E Asia data centre funding, account for 98% of US$11.5 billion raised: report

2026-08-31T03:33:18.000Z
Frencken’s mechatronics division, which includes the group’s semiconductor business, accounts for the bulk of H1 revenue.

Frencken proposes S$100 million placement to fund expansion, potential M&A

2026-08-27T14:24:04.000Z
Fifty MW of capacity may seem modest for the needs of hyperscale AI data centres, but industry observers say the amount is significant for other types of demand.

Singapore plays premium data centre game as Johor, Batam take on scale

2026-08-27T10:09:01.000Z
The contract is expected to contribute to Penguin’s revenue and earnings from FY2027. Above: The Singapore and Thai navies in an exercise in May.

Shipbuilder Penguin International wins first prime contract with Singapore Navy

2026-08-25T15:08:17.000Z
All 38 purchasers of Marina Collection units subsequently defaulted, and 37 of the 38 units were repossessed.

UOB v Lippo Marina Collection: Court quadruples damages awarded to bank to S$76.1 million

2026-08-24T14:14:53.000Z
Ultragreen.ai has a regulatory footprint in more than 43 countries throughout Europe, the Middle East and Asia.

UltraGreen.ai to tailor response to US rivals’ pricing and distribution

2026-08-24T11:50:55.000Z
ST Telemedia Global Data Centres is one of the four operators awarded the extra capacity.

Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore

2026-08-21T10:41:41.000Z
StarHub’s H1 Ebitda – excluding Ensign, a cybersecurity joint venture with Temasek – fell 23.8% for the period ended Jun 30.

Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

2026-08-20T00:00:00.000Z
The financial impact of increased fuel, transportation and operating costs could be more pronounced in the coming quarters, said Sats.

Sats Q1 net profit up 6% at S$75.1 million on cargo growth

2026-08-19T13:08:01.000Z
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