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SIA Engineering’s full-year earnings up 43.8% y-o-y to $139.6 mil

5 days ago | theedgesingapore.com | Nicole Lim

Nicole LimFri, May 09, 2025 • 07:14 PM GMT+08 • • 3 min readFollow us on Facebook and join our Telegram channel for the latest updates. SIA Engineering has reported full-year FY2025 earnings of $139.6 million, up 43.8% y-o-y. For the 2HFY2024/25, the company reported earnings of $70.8 million, up 87.3% y-o-y. The group posted a revenue for the FY2025 of $1.245 billion, up 13.8% y-o-y, supported by stable growth in demand for aircraft maintenance, repair and overhaul (MRO) services.
Far East Orchard reports double earnings for 1QFY2025 of $17.3 mil from Woods Square acquisition

6 days ago | theedgesingapore.com | Nicole Lim

Nicole LimThu, May 08, 2025 • 06:55 PM GMT+08 • • 1 min readFollow us on Facebook and join our Telegram channel for the latest updates. Far East Orchard has reported earnings of $17.3 million for 1QFY2025 ended March 31, 2025, more than double from the same period a year ago. Profit after tax for the period came in at $17.1 million for 1QFY2025, also double than that from a year ago.
Trump says he won’t lower China tariffs to jump-start talks

1 week ago | theedgesingapore.com | Skylar Woodhouse

Skylar Woodhouse /BloombergThu, May 08, 2025 • 02:13 AM GMT+08 • • 1 min readFollow us on Facebook and join our Telegram channel for the latest updates. President Donald Trump said he’s unwilling to preemptively lower tariffs on China in order to unlock more substantive negotiations with Beijing on trade. “No,” Trump said Wednesday when asked by a reporter if he is open to pulling back his 145% duties on Chinese imports to get the world’s second-largest economy to the negotiating table.
Trump's tariffs won’t bring back manufacturing jobs

1 week ago | theedgesingapore.com | Michael Strain

Michael Strain Wed, May 07, 2025 • 04:51 PM GMT+08 • • 5 min readFollow us on Facebook and join our Telegram channel for the latest updates. On “Liberation Day”, US President Donald Trump declared that sky-high tariffs would cause jobs to “come roaring back into our country”.
S’pore’s blended finance initiative Fast-P to set up office, management team

1 week ago | theedgesingapore.com | Jovi Ho

Home News Environmental, Social and GovernanceJovi HoWed, May 07, 2025 • 11:24 AM GMT+08 • • 3 min readFollow us on Facebook and join our Telegram channel for the latest updates.
Ex-Temasek India executives target US$400 million for fund debut

1 week ago | theedgesingapore.com | Preeti Singh |Baiju Kalesh

Preeti Singh and Baiju Kalesh / BloombergTue, May 06, 2025 • 06:47 PM GMT+08 • • 2 min readFollow us on Facebook and join our Telegram channel for the latest updates. Padmanabh Sinha and Vibhor Kumar Talreja, who worked together at Temasek Holdings Pte more than a decade ago, have teamed up to start LaunchBay Capital, an India-focused growth equity firm.
Bessent touts US as ‘premier destination’ for global capital

1 week ago | theedgesingapore.com | Daniel Flatley

Daniel Flatley / BloombergTue, May 06, 2025 • 12:01 AM GMT+08 • • 2 min readFollow us on Facebook and join our Telegram channel for the latest updates. Treasury Secretary Scott Bessent touted the US as the "premier destination" for global capital and argued that the Trump administration's policies will solidify that position - countering the so-called sell America theme that materialised last month.
Trump administration will ‘come around’ on importance of partnerships: Bill Gates

1 week ago | theedgesingapore.com | Jovi Ho

Jovi HoMon, May 05, 2025 • 10:54 PM GMT+08 • • 5 min readFollow us on Facebook and join our Telegram channel for the latest updates. Partnerships are crucial in averting the climate crisis, and the Trump administration will soon have to end its animosity against other countries, says Microsoft co-founder and philanthropist Bill Gates.
Google unit awards data centre contract to Malaysia’s Gamuda

1 week ago | theedgesingapore.com | Ram Anand |Anders Melin

Ram Anand and Anders Melin / BloombergMon, May 05, 2025 • 07:08 PM GMT+08 • • 1 min readFollow us on Facebook and join our Telegram channel for the latest updates. Malaysian infrastructure firm Gamuda Bhd. won a data centre contract worth over 1 billion ringgit ($304.4 million) from Google's Malaysian affiliate, according to company filings.
Global green transition outlook ‘remains bright’, says DBS, ‘with or without the US’

1 week ago | theedgesingapore.com | Jovi Ho

Jovi HoMon, May 05, 2025 • 12:15 PM GMT+08 • • 4 min readFollow us on Facebook and join our Telegram channel for the latest updates. The outlook for the green transition remains bright, with or without the US's participation under the Trump administration, says DBS Bank. Under US President Donald Trump, the US will push for a surge in energy production, particularly oil and gas, while neglecting renewables.