Singapore
Aster acquires Chevron Phillips Singapore Chemicals
Aster acquires Chevron Phillips Singapore Chemicals
The facility will be renamed Aster Polymer Solutions.
Luminor Financial forecasts net loss for H1 2025
This is due to an increase in amortisation of intangibles regarding the FHPL crowdfunding platform.
OCBC’s group net profit down 6% to $3.7b in H1 2025
Interim ordinary divided is 41 Singaporean cents.
FLCT posts 92.5% occupancy rate in Q3 2025
It reported 420,000 square metres of active leases and renewals.
NetLink NBN’s profit declines 9.2% in Q1 FY 2026
Revenue increased by 1.9% whilst EBITDA decreased by 1.9% in the same period.
Daily Markets Briefing: STI down 1.08%; Top stock is Venture
Venture is the top stock with a 4.19% increase.
Automation stalls hiring at top banks
Lenders are also upskilling to keep up with tech.
ZGR Global and Hanshan fined $5.37m over illegal rate sharing
Staff from both firms engaged in frequent exchanges of real-time remittance rates, report said.
Singapore hiring up 2.1%, still 43% above pre-COVID
As of June, 14.8% of all job postings mentioned AI, a 10.1% year-over-year increase.
Singapore ranks second globally in AI readiness
Singapore leads globally in regulatory frameworks and AI adoption.
Singapore rises as global biotech powerhouse amid U.S. pullback: report
The report noted Singapore’s biotech edge is underpinned by nearly 30 years of government investment and infrastructure development.
Singapore’s SME Centres set for major upgrades by 2027
Enhancements are expected to be fully implemented by 2027 include expanded advisory services.
SG sees companies look beyond SGX for IPOs in H1 2025
Only one Singapore-headquartered company chose to list domestically.
COTD: Singapore drives global cross-border IPO boom
Together with Greater China, the two Asia-Pacific regions represented 74% of all global international listings.
New $30m private members' club Vanta to open in MacDonald House
It is set to open its doors in December.
MPACT reports DPU of 2.01 cents per unit for the period April to June 2025
Record date for unitholders is 7 August, payout is on 11 September.
Commentary
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