Posts by Liam Redmond
Individual who made 2.28 trillion rupiah claim on Keppel unit’s Jakarta land appeals court decision
[SINGAPORE] The individual who attempted to exert claim over land in Jakarta owned by a subsidiary of Keppel is appealing the Indonesian court’s dismissal of his 2.28 trillion rupiah (S$186.3 million) claim in February. “The claimant has submitted an appeal against the decision to the DKI Jakarta province High Court via the South Jakarta District…
Read MoreRHB recommends ‘buy’ on Nam Cheong
[SINGAPORE] RHB has initiated “buy” on shipbuilder Nam Cheong , citing its young fleet of 36 vessels and long-term charter portfolio. In a Tuesday (Mar 17) note, the brokerage also set a target price of S$2.05 for the stock, representing a 51.8 per cent upside to the company’s closing price on Monday. The counter ended…
Read MoreAI pilot program in L.A. County courts will help judges craft rulings in some cases
Judges in one of the nation’s largest court systems have started using artificial intelligence, testing a tool that can rapidly distill hundreds of pages of legal motions and use samples of a jurist’s writing style to help reach conclusions and even draft tentative rulings. The program, which launched last month, gave half a dozen Los…
Read MoreSoCal’s defense startups secure vital funding boost
A bill restoring crucial federal funding to defense startups in Southern California is on its way to the president’s desk after making it through Congress on Tuesday. The Small Business Innovation and Economic Security Act was passed following a months-long impasse over funding the Small Business Innovation Research (SBIR), the Small Business Technology Transfer (STTR)…
Read MorePetrol price hike from Iran war could push consumers toward EVs, hybrids
But sharp increases at the pump are unlikely to significantly alter car-buying trends right away, analysts say [GUILDFORD, England] The rising price of petrol from the Iran war has triggered angst and uncertainty for carmakers, dealers and vehicle owners at the pump. For Martin Miller, it presents an opportunity. He owns a used electric vehicle…
Read MoreStanChart’s AI chief David Hardoon exiting less than a year after joining
Published Wed, Mar 18, 2026 · 03:50 PM [SINGAPORE] The executive leading Standard Chartered’s adoption of artificial intelligence is leaving the emerging markets lender less than a year into his role, according to people familiar with the matter. David Hardoon, who is based in Singapore, is on gardening leave, said the people, asking not to…
Read MoreFuture of Komala Vilas in doubt as iconic restaurant remains shut after two months
The restaurant is listed as an SG Heritage Business by the National Heritage Board Published Wed, Mar 18, 2026 · 02:49 PM [SINGAPORE] Intense speculation surrounds the future of Komala Vilas, one of Singapore’s most iconic Indian vegetarian restaurants, following a prolonged closure for “renovations”. The brand’s outlet at 76-78 Serangoon Road – which in…
Read MoreGeely profit beats estimates as sales approach those of BYD
The Hong Kong-listed arm of billionaire Li Shufu’s auto empire is just over a year into a major overhaul it began in late 2024 Published Wed, Mar 18, 2026 · 02:10 PM [HONG KONG] Geely Automobile Holdings’ full-year profit beat analyst estimates and climbed to a record as China’s second-largest carmaker closed in on market…
Read MoreHong Kong regulatory scrutiny puts share sale boom at risk
Regulators say that deal quality has suffered as a result and repeatedly scolded firms Published Wed, Mar 18, 2026 · 12:39 PM [HONG KONG] Intensifying regulatory scrutiny is rattling Hong Kong’s financial industry and raising the prospects of a slowdown in booming share sales in Asia’s premier fundraising hub. In the latest blow to the…
Read MoreSamsung weighs multi-year deals to ease memory chip crunch fears
The company, SK Hynix and Micron Technology together dominate the supply of memory chips globally Published Wed, Mar 18, 2026 · 12:13 PM [SEOUL] Samsung Electronics is considering a shift towards multi-year contracts for memory chips, a much longer timeframe than is typical that may help stabilise supply and ease concerns about a shortage of…
Read MoreRinggit hits strongest level versus Singapore dollar since 2021
Malaysia’s currency has also been boosted by foreign direct investment related to AI Published Wed, Mar 18, 2026 · 11:01 AM — Updated Wed, Mar 18, 2026 · 11:10 AM MALAYSIA’S ringgit rose to the strongest versus the Singapore dollar in five years as higher energy prices support the net energy exporter, which was also…
Read MoreTencent seizes momentum in China agentic AI race against Alibaba
IN CHINA’S hyper-competitive artificial intelligence (AI) arena, Alibaba Group has outpaced Tencent with the sheer speed of rollouts and user growth. But the latter firm is now seizing the initiative as agentic AI fever grips the country. Tencent, in just the past week, introduced several signature products aimed at tapping a national enthusiasm for AI…
Read More