News

FSL Trust posts $8.7m full-year profit, ends 2025 debt-free

Its net profit for the second half stood at $6.5m.

Life insurance premiums hit $6.53b in 2025 as Q4 sales rise 13%

The growth was attributed to an increase in the annual premium business.

CDL Hospitality REIT raises $100m in perpetual debt to slash borrowings

The 4.00% securities under a $1.5b programme have no fixed redemption date and semi-annual payouts.

Sasseur unit secures $117m onshore facility agreement for loan refinancing

The five-year loan refinances part of the REIT’s secured onshore borrowings.

ValueMax issues 584,000 shares on warrant exercise at $0.36

Total issued shares increased to 941.79 million.

GuocoLand’s River Modern gives residents direct Great World MRT access in District 9

Prices start at $2,877 psf for the 455-unit development with 36-storey towers and nature trail.

OCBC app adds Weixin Pay QR payments

Customers will see rates in real-time before making a transaction.

PLife REIT unveils framework to fund green and social projects

Sustainable finance proceeds will go toward projects in Singapore, Japan, and Europe.

Singapore finance reaches 100% AI commitment

Finastra’s 2026 survey shows all major Singapore banks are deploying or piloting AI solutions.

Mediacorp and Mastercard launch first ad-to-transaction tracker

The solution integrates transaction-based signals with TV and digital inventory.

Avant Proteins to exit SG as director cites inability to pay debts

The group declared it is unable to continue due to liabilities.

Higher tax drags F&N’s profit by 13% to $64m in Q1

The effective tax rate increased to 29.4%.

Daily Markets Briefing: STI up 0.07%; Top stock is Keppel

Keppel is the top stock with a 3.31% increase.