Business & Markets · Singapore

Metrocon amends timeline of MOM probe that led to chairman’s quitting, retains his wife as director

Alvin Lim was charged with operating an unlicensed foreign worker dormitory.

Ex-Cathay Cineplex operator mm2 Asia’s restructuring scheme gets creditors’ OK

It includes a proposed placement of 16.3 billion shares to raise $15 million, with $11.5 million set aside for creditors.

Endangered Hawaiian bird uses beak and body to dig out its dinner

Drone delivery startup Zipline valued at $21.5 billion in latest funding round

Singapore retail sales rose by 1.7% in September

Excluding motor vehicles, parts and accessories sales, retail sales increased 2.5%.

Visa sets up 6 global tech hubs in Singapore, with 1,500 staff at new Paya Lebar centre

Technologies and solutions developed in the Republic will be deployed across its global network

Binance, Deribit remove SignalPlus API keys after security issue

Analysts trim UOB target price as margin squeeze and rising costs cloud 2027 outlook

Jefferies downgrades the bank to ‘hold’; Maybank bucks the trend with an upgrade to ‘buy’

George Yeo adds 100,000 Wilmar shares at $2.97 apiece, taking stake to over 1 million shares

Shares of Wilmar are down by more than 14% over the past month

No Asean country has figured out how to manage AI’s impact on jobs: Jasmin Lau

Uneven adoption could create a ‘two-speed society’, the acting manpower minister warns

Royal Group and Sunset Hospitality abandon plans to open Casa Mett hotel off Orchard Road

The hotel’s new operator is to be announced, and its opening has been targeted for Q2 2027

3 Orchard Central tenants asked to move out will cross the road to JustCo Place

They are martial arts academy Evolve MMA, social dining bar and bistro Helen’s, and KTV brand K.STAR Karaoke.