Singapore

Boustead profit drops 3% in H1 amidst margin pressures

Its net profit was impacted by lower margins despite a stable dividend.

Grab eyes up to $410m investment for remote driving expansion

With an initial $60m investment, it will acquire a minority stake in Vay Technology.

Franklin Templeton launches Singapore’s first tokenised fund

The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.

Fashion, gaming and beauty lead Singapore exports via PayPal

Gaming led monthly volume with around 1.7 million transactions.

Singapore cements wealth hub status with $92b digital payments: report

The firm noted that Singapore is home to approximately 242,400 millionaires, placing it fourth globally. 

What does a top Singapore CEO look like today?

Most lead the same firms they joined decades ago, rising from finance, engineering, or operations into the top job.

Coliwoo expands co-living footprint as Singapore’s foreign population grows

Its hotel and serviced apartment-based properties offer stays as short as a night or week.

COTD: Auction listings jump 10% QoQ in Q3

The increase was driven by 85 mortgagee sale listings.

Daily Markets Briefing: STI down 0.09%; Top stock is Genting Singapore Limited

 Genting Singapore Limited is the top stock with a 3.36% increase.

About 42% of business leaders in Southeast Asia plan M&A deals in next year: study

Companies in the region may deploy aggressive capital for market share, Deloitte found.

iX Biopharma accelerates WaferiX portfolio commercialisation with Orion Labs deal

iX will commercialise its WaferiX drug delivery using Orion’s healthcare network in the county.

Savills names new APAC Capital Markets executive managing director

Neil Brookes will link Savills’ regional capital markets with the group’s global network.

Joo Chiat Road commercial property up for sale for $5.25m

The ground floor shop unit has a strata floor area of 120 square metres.

Soon Hock Property announces Kaki Bukit property disposal

It granted Bright Oasis an option to purchase the site for $1.5m. 

UMS Integration net profit rises to $30m in 9M on strong semiconductor sales

Sales in chips and semiconductor systems grew by 7% and a stable 1% YoY, respectively.

OCBC could distribute $460.7m in additional capital to investors

This would equate to about 13 Singaporean cents per share.