Singapore

Golden Agri net profit falls 20% to $56.2m in Q1

Golden Agri net profit falls 20% to $56.2m in Q1

Weaker upstream output and lower crude palm oil prices weighed on earnings.

SingLand raises Novena Square stake with UOB share deal

The transactions will lift SingLand’s indirect interest in NSD and NSI to 40%.

Lendlease Global Commercial REIT chairperson to step down

Justin Marco Gabbani is leaving Lendlease Group to pursue an external opportunity.

Olam completes $492m Mindsprint sale to Wipro

It intends to distribute net proceeds to shareholders progressively through special dividends.

Why Singapore's tech boom masks a widening non-electronics slump

UOB warns a 'K-shaped' trend will persist as chips dominate and energy costs drag other sectors.

Daily Markets Briefing: STI up 0.15%; Top stock is ST Engineering

ST Engineering is the top stock with a 4.05% increase.

Singapore retail investors dump AI tech for gold

Within commodity portfolios, gold reigns supreme at 79% ownership, followed by silver (36%) and oil (24%).

Recession fears double to 39% as consumer confidence collapses

YouGov tracks an uninterrupted slide in sentiment, with growth optimism cratering to just 15%.

JustCo prices $100m SGX IPO at $0.94 per share ahead of 22 May debut

Cornerstone investors have locked in 70% of expected gross proceeds.

MAS to scrap mandatory financial advice for complex investment products

ILPs will now require product highlights sheets under the revised framework.

CAAS, NTUC roll out $2.6m aviation early-career mentorship scheme

Ground handling and line maintenance staff will get priority mentorship for over five years.

Forvis Mazars names actuarial partner to boost APAC insurance practice

The Singapore hire expands insurance advisory amidst IFRS 17 and M&A-driven demand.

New SBF-EnterpriseSG centre to advise firms on financing access

CEFA will also roll out capacity-building programmes with ISCA Academy later this year.

Hudson Place Residences clears 196 units at launch weekend

Th 60% take-up rate is higher than neighbouring residences. 

SIA April passenger traffic up 7% on spillover demand to Europe, US

Budget carrier Scoot outpaced the main airline with a 91% load factor.

Firms lag in sovereign AI adoption, NTT DATA says

APAC firms cite cloud security gaps and data rules as barriers.