Singapore's Keppel sees 'immense' opportunity in subsea cables

Asset manager pushes connectivity business as U.S.-China tensions divide world

20250205 Keppel

Keppel reported a net profit of 940 million Singaporean dollars for 2024.  © Reuters

TSUBASA SURUGA

SINGAPORE -- The head of Singapore's Keppel Corp. on Wednesday said the company expects "immense" opportunities in its subsea cable business as the global digital economy becomes more divided by the U.S.-China rivalry.

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