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SINGAPORE COMPANIES RETRENCHMENT PLANS
Singapore layoffs hit highest level since 2020 in third quarterSingapore recorded 4,800 retrenchments in the third quarter of 2026, the highest level since late 2020 during the Covid-19 pandemic. The ri...- Adani Ports makes $3.3 billion play for Evos TerminalsAdani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across fiv...
- Pixxel sets up US subsidiary to serve federal agenciesPixxel in September raised $100 million (around Rs 945 crore) in the largest funding round in India’s spacetech sector, co-led by Singapore...
- MTAR Technologies gets NCLT nod to merge two wholly owned subsidiariesMTAR Technologies has received NCLT approval to merge its wholly owned subsidiaries Gee Pee Aerospace and Defence and Magnatar Aero Systems...
- Global Market: Malaysia's Asia OneHealthcare files draft prospectus for IPO of up to 4.38 billion sharesMalaysian hospital operator Asia OneHealthcare has filed for an IPO of up to 4.38 billion shares on Bursa Malaysia. The TPG-backed company ...
- Singapore thrived on chokepoints. Now they’re a threatSingapore faces challenges in maintaining its prosperity due to its dependence on larger neighboring countries for energy supplies. Recent ...
- Supreme Court to hear plea saying labour code keeps charitable hospital and welfare body workers out of labour courtsThe All India Trade Union Congress in Tamil Nadu has filed a petition against the Industrial Relations Code, 2020. They argue the law exclu...
- Need more resilient energy supply chains amid growing global disruptions: Minister NaikDuring the Singapore International Energy Week, India underlines the critical need for resilient energy supply chains. Union Minister Shrip...
- JioHotstar expands to Nepal through DGO partnershipJioHotstar has launched its streaming services in Nepal through a collaboration with the local platform DGO. This partnership allows viewer...
- Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-dri...
- Singapore launches first LNG term supply tender, weighs third import terminalSingapore’s state gas buyer GasCo has launched its first LNG procurement exercise to secure long-term supplies as the country prepares to e...
- Tata Communications to invest $450 million in 10,000 km AI fibre networkThe project will be implemented in three phases spanning three to five years, subject to execution conditions, and funded through operating...
- Anthropic is said to plan public filing for Mega-IPO MondayAnthropic PBC plans to file for an initial public offering in New York on Monday morning. The artificial intelligence model maker is expect...
- Saudi Arabia to store crude oil in Singapore from second half of 2027Saudi Arabia has announced its intention to store crude oil in Singapore's Jurong Rock Caverns by 2027. This arrangement will enhance the r...
- 3 am walks, clean public toilets, freedom to dress: Indian woman shares 6 culture shocks in SingaporeDuring Yukta's trip to Singapore, she was captivated by the vibrant culture and the inviting atmosphere of the city. Her nighttime strolls ...
- Nestle sees strong growth potential for Maggi noodles in India; eyes expansion in Europe, AmericasThe company, which sells noodles under the Maggi brand in India and other Asian markets, also has ambitious plans to expand the category in...
- India, Singapore commence 33rd edition of bilateral maritime exercise in VisakhapatnamThe opening ceremony took place onboard INS Nilgiri and INS Kamorta, attended by Rear Admiral Manoj Jha, VSM, Chief Staff Officer (Operatio...
- China's Moonshot AI to operate in Singapore, jobs post showsChinese AI startup Moonshot is expanding into Singapore, with a new sales role listed on the company's LinkedIn page this week.
- Maersk begins its first planned India dry dockingA.P. Moller - Maersk will drydock the Maersk Chattogram at L&T Shipbuilding's Kattupalli Shipyard in October 2026. This marks a significant...
- Singapore-headquartered tech giant Sea plans IPO for financial services arm, memo saysSingapore-headquartered tech conglomerate Sea Limited is planning a public listing for its financial services arm and will launch an AI ent...
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