United Overseas Bank announced on Sept 29 that it will invest up to $500 million in digital innovation initiatives as it seeks to double the retail customers it serves digitally to more than seven million customers across ASEAN by 2026. “Our aim to serve three to five million digital-only customer...

Rolls-Royce Holdings has been awarded the contract to provide new engines for the US Air Force’s fleet of B-52 bombers, beating out rivals General Electric and Pratt & Whitney. Meanwhile, ST Engineering, remains in the running to win a separate but related contract to supply the engine nacelle...

Specialist engineering services provider Acromec has announced that Life Science Incubator, its joint venture company with strategic partner Tako Ventures, has launched the first Life Science Incubator co-working laboratory space. The space, located at the German Centre, International Business Plaza...

UOB Kay Hian has upgraded its call on Singapore Technologies Engineering (ST Engineering) to "buy" with an unchanged S$4.25 target price, as the research house believes now is an appropriate time to revisit the stock given its post-results price decline.

UOB Kay Hian has upgraded Singapore Technologies Engineering (ST Engineering) to “buy” with an unchanged target price of $4.25. “We value ST Engineering on an EV/Invested Capital basis and have raised our terminal growth rate assumption to 2.7%,” writes analyst K Ajith in a September 14 repo...

UOB Kay Hian has upgraded its call on Singapore Technologies Engineering (ST Engineering) to "buy" with an unchanged S$4.25 target price, as research house believes now is an appropriate time to revisit stock given its post-results price decline.

Singapore Technologies Engineering (ST Engineering) says its non-intrusive AGIL Smart Lift Monitoring solution will be installed in lifts in Singapore from 2021. The installation of the solution, which will take place progressively, is one of the largest scale deployments of a smart lift monitoring ...

MANCHESTER: Tucked away in a corner of the top floor of an indoor market in Manchester, northwest England, is the last shop in Britain dedicated to selling cassettes. Mars Tapes crams around 1,000 cassettes, a Coca-Cola radio, boom boxes, vintage editions of the Walkman cassette player and other ...

RHB Group Research analyst Shekhar Jaiswal is maintaining his “buy” call on Singapore Technologies Engineering (ST Engineering), as the group announced its contract win on Sept 2. The contract, worth $180 million, will see the consortium by ST Engineering and Siemens Mobility renewing and modern...

Regular winner at the Billion Dollar Club ST Engineering just can’t get a break. The engineering conglomerate has come out tops for the weighted ROE category, with a weighted ROE of 23.75 times over the three years measurement taken into consideration. The company is also the overall sector winner...