News

Financial Services

Staff Reporter

, Singapore

Published:

9 years ago

Daily Briefing: Aberdeen sniffs bargain amid local banks’ debt panic; More oil bond defaults haunt Singapore

And Singapore balks on Lockheed’s jets sale.

The recent drubbing in Singapore bank stocks is turning Southeast Asia’s biggest lenders into bargains for money managers including Aberdeen Asset Management Plc. DBS Group Holdings Ltd. lost S$3.6 billion ($2.7 billion) in market value in seven days from July 28 when its client Swiber Holdings Ltd. signaled it was in financial trouble. Read more here.

The island nation’s permanent secretary of defense development informed the U.S. in mid-June that it was delaying final steps toward purchasing four of the fighters by about 2022, with an option to buy eight more, according to the information presented to Pentagon officials last month as part of their regular reviews of the costliest weapons program. Read more here.

Singapore bondholders and lenders, already stung by Swiber Holdings Ltd.’s woes, face mounting pain as a drop in oil leaves more companies in the industry starved for cash. Investment bank UOB Kay Hian Pte warned last week that the sector may suffer a "cascade" of defaults. Read more here.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

AI keeps Singapore factories firing

Electronics climbed 35.8% as chemicals, biomedical, and transport engineering weakened.

19 hours ago

JustCo brings ‘the boring office’ to CBD after SGX listing

The space is designed for start-ups, entrepreneurs, and SMEs.

Commercial Property

22 hours ago

Airwallex raises $320m in Series H funding round

Airwallex plans to expand into new markets and scale its AI teams.

22 hours ago

MAS launches new institute for AI and tokenisation adoption

The Future of Finance Institute will update toolkits.

22 hours ago

Exclusives

Monday.com picks Singapore for Southeast Asia expansion

Its in-house designers created Singapore-inspired artwork in the company's colors.

21 hours ago

Tsuklio targets dual-income families in Singapore expansion

The Japanese meal subscription platform logged 3,000 pre-registrations before launch.

Food & Beverage

2 days ago

Firms cut senior hiring costs with fractional executives

$Firms cut senior hiring costs with fractional executives$

Firms cut senior hiring costs with fractional executives

Companies report 50% to 70% lower costs than full-time senior hires.

HR & Education

3 days ago

Choosier Asia buyers steer auctions toward rare art

Collectors are bidding harder for works with clear ownership histories.

4 days ago

Event News

Co-Written / Partner Finweek KL 2026: Where European capital meets ASEAN scale

The premier EU–ASEAN institutional fintech summit brings 1,000+ delegates to PARKROYAL Collection Kuala Lumpur on 11 to 13 November 2026 for three days of cross-border deal-making.