Business

Yangzijiang Shipbuilding Surges 4.66% as STI Rallies — But Its Massive Order Book Is the Bigger Story

SINGAPORE — September 4, 2026 — Singapore stocks finished sharply higher on Friday, with the Straits Times Index (STI) climbing 0.94% to 5,801.96 as investors took renewed comfort from shifting expectations over US interest rates. But one blue-chip stock stood out. Yangzijiang Shipbuilding (Holdings) Ltd. rose 4.66%, or S$0.22, to S$4.94, making it the strongest gainer among STI constituents and the most active stock by trading activity, according to Singapore Business Review and The Business

Business

Wonderful Hi-Tech Is Riding the AI Server Boom — But Its 800V and Liquid-Cooling Cables Could Be the Bigger Prize

TAIPEI — Taiwan’s Wonderful Hi-Tech Co. is riding the artificial-intelligence infrastructure boom, but its next growth phase could extend far beyond the high-speed cables connecting GPUs inside AI servers. The New Taipei City-based cable and connector manufacturer says demand is accelerating across AI servers, 800-volt data-center power systems, liquid cooling, low-Earth-orbit satellites, robotics and drones — a widening portfolio that could transform what was once a traditional cable business

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Japan Develops AI That Can Detect Plastic Waste Deep Beneath the Ocean

TOKYO — A new artificial intelligence system developed by Japanese researchers could dramatically change how scientists track one of the ocean’s most difficult pollution problems: plastic waste accumulating thousands of meters beneath the sea. The Japan Agency for Marine-Earth Science and Technology (JAMSTEC) has developed DeepLitterAI, an AI system capable of automatically detecting, identifying and counting marine litter—including plastic bags, bottles and beverage cans—from deep-sea video fo

Business

GlobalWafers’ Square Silicon Wafers Are Entering the AI Race — But Its Bigger Prototype Could Be the Real Game-Changer

Taiwan’s GlobalWafers is moving deeper into one of the semiconductor industry’s fastest-growing battlegrounds: advanced packaging. The world’s third-largest silicon wafer supplier says wafers designed for advanced packaging should make a meaningful contribution to revenue in 2026, after generating only limited sales last year. The shift comes as artificial intelligence, high-performance computing and increasingly complex chip designs force semiconductor companies to rethink not only how chips a

Business

Singapore Watchdog Clarifies: Hong Kong Mineral Boutique Owner Was Not Part of DNA Brands Investigation

SINGAPORE — Singapore's consumer watchdog has clarified that a Hong Kong-registered company that owns The Mineral Boutique brand was not investigated in the high-profile case involving DNA Brands' alleged unfair sales practices. The clarification is significant because the name The Mineral Boutique appeared in reports about a Competition and Consumer Commission of Singapore (CCS) investigation into DNA Brands Co Pte Ltd. But according to CCS, the investigation concerned specific Singapore outl

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Leptospirosis Cases in Philippines Reach 6,253 as DOH Warns of Possible Surge After Floods

MANILA, Philippines — The Philippines has recorded 6,253 cases of leptospirosis and 378 deaths from January 4 through August 29, 2026, prompting the Department of Health (DOH) to warn that infections could rise further in the coming weeks following widespread flooding. The latest figure, reported by the Philippine News Agency, comes as health authorities continue monitoring regions affected by persistent rains and flooding. Although the cumulative number of cases remains 12 percent lower than t

Business

Toyota PH’s Filipino Workforce Just Swept Asia’s Skills Contest — But the Bigger Win Is Happening on the Factory Floor

Toyota Motor Philippines | Santa Rosa Laguna plant | Philippine auto manufacturing | Toyota Vios | Innova | Tamaraw Toyota Motor Philippines is not just selling more vehicles in one of Southeast Asia’s biggest automotive markets. Behind the numbers, a highly trained Filipino manufacturing workforce is helping turn the company’s Santa Rosa, Laguna complex into an increasingly important production hub. That capability came into sharper focus after six Filipino Toyota manufacturing workers won me

Business

Singapore Worker Dorm Rents Rise 2.1% to S$495 as New Rules Threaten to Push Costs Even Higher

SINGAPORE — The cost of housing foreign workers in Singapore is climbing again, with average rents for beds in Class 4 worker dormitories rising 2.1% in the first half of 2026 to S$495 per bed per month. The increase may look modest compared with the dramatic rent increases seen during the post-pandemic accommodation crunch. But property analysts say the latest rise could be an early warning of renewed upward pressure as dormitory operators undertake major upgrades required under Singapore's t

Business

Fujitsu’s 64-Qubit Quantum Computer Turns Heads in Taiwan — But the Machine It’s Building Next Could Be the Real Game-Changer

TAIPEI — Amid the towering semiconductor equipment, artificial-intelligence hardware and advanced packaging systems filling SEMICON Taiwan 2026, one machine offered a glimpse at what could come after today’s computing boom: Fujitsu’s 64-qubit superconducting quantum computer. Visitors gathered around the system at Fujitsu’s booth at the Taipei Nangang Exhibition Center on September 2, an image highlighted by the Taipei Times under the simple headline “The age of quantum.” But the machine on di

Business

Aboitiz, GCash Are Planting 1 Million Trees in Cebu — But the Real Test Begins After They’re in the Ground

CEBU, Philippines — Aboitiz Foundation and GCash are launching an ambitious five-year environmental push in Cebu, targeting one million new trees and the restoration of about 1,200 hectares of forest and coastal ecosystems in Balamban. But the bigger measure of success will not simply be how many seedlings make it into the ground. It will be how many survive, mature and eventually become part of functioning forests, watersheds and coastal ecosystems. The CarbonPH x GForest Project brings toget