Singapore

OxPay loss widens to $2.1m as gross margin drops 13 points

OxPay loss widens to $2.1m as gross margin drops 13 points

Cash was $5.0m at 30 Sept, with $3.6m earmarked for settlements; OxPay raised $2.4m in 2025.

Vin’s Holdings raises $4.10m CP as related parties take 43.4%

The three-month SGD paper is under Vin’s SDAX multicurrency programme.

Business vs. Household: PM Wong weighs 4.8% growth against relief in Budget 2026

RHB expects a strategic balance between short-term relief and economic competitiveness.

Daily Markets Briefing: STI down 0.62%; Top stock is Wilmar Intl

Wilmar Intl is the top stock with a 3.40% increase

Singapore bank wealth fees surge 44% to defy NIM squeeze

Overall fee income is expected to expand at a double-digit rate of 31% this quarter.

SDAI to refer audit findings to CAD, CPIB and issue demand letters

SDAI says Covenant Chambers advised action, with further shareholder updates promised under Catalist Rules.

HCLTech buys Finergic for $19m cash to boost wealth consulting

HCLTech will buy 100% via HCL Singapore; Finergic’s 2024 net worth was $5.4m, it said.

IPO market rebounds to $2.54b in 2025, driven by ‘blockbuster’ REITs

Deloitte highlights two secondary listings, regulatory reforms.

OCBC profit expected at $1.7b on higher fee and insurance income

Fee income and insurance contribution are expected to have grown during the quarter.

UOB profit set to slide 16.7% on lower wealth and loan fees

It will take time for UOB to return to its peak profitability, the report said.

Core inflation to hit 1.5% as domestic demand accelerates

Price pressures are likely to rise to around 1.4–1.5% in Q1.

MoneyMax wins SGX nod for Mainboard transfer

The group obtained approval-in-principle to exit the Catalist board on 23 January.

CCCS weighs monopoly risk as three airline giants enter joint business deal

The regulator is probing Qatar-IAG-MAB air cargo price-sharing pact.

Government injects over $1b into 'National AI Research' plan

The funding focuses on fundamental research and talent pipelines.

RH Petrogas postpones NWK-1 well spudding to late Q1

The company cited weather and access issues for the delay.

Rex targets February 2026 to trigger Benin well production

The installation of reservoir screens and pumps remain for final stages.

Public housing resale slump forces sellers below last deal prices

It posted a 0% change caused by a widening gap in pricing expectations, amongst others.