Stories you might have missed
Seatrium hit by US$475 million contract termination for nearly-completed wind vessel; shares drop 7%
[SINGAPORE] Seatrium on Friday (Oct 10) announced that it had received a termination notice for a US$475 million contract inked with a Maersk Offshore Wind affiliate in 2022.
‘The talent is there’: Is Singapore’s push for board diversity turning a corner?
[SINGAPORE] With women occupying barely a quarter of board positions in the largest Singapore-listed firms, Carol Fong is among the few female directors who have made it to the top.
Opening soon at Fort Canning: private club Madison House
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[SINGAPORE] Another new private social club is set to launch by the end of the year, this time in the historic Fort Canning Park. Madison House will occupy a four-storey building next to the former Hotel Fort Canning Singapore, which itself has been taken over and will open as Mett Singapore on Oct 28, after an overhaul.
Private capital roars back in Q2 with strongest returns since 2021: MSCI
[SINGAPORE] Private markets delivered their strongest aggregate returns since 2021 in the second quarter of 2025, signalling a recovery phase following a period of valuation cool-offs, a report by MSCI indicated.
Malaysia unveils record RM470 billion spending plan for 2026
[KUALA LUMPUR] Malaysia on Friday (Oct 10) unveiled a record RM470 billion (S$144.5 billion) spending plan for 2026 which combines federal allocations and public-sector investments, as the government pledged to advance fiscal reforms amid global economic uncertainty.
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
[SINGAPORE] Bank of Singapore (BOS) has launched an agentic artificial intelligence (AI) tool that enables its relationship managers to automate the writing of source-of-wealth reports, cutting preparation time from 10 days to just an hour.
