Singapore
EU duty changes drive SingPost‑Asendia partnership in e‑commerce
EU duty changes drive SingPost‑Asendia partnership in e‑commerce
The deal adds DDP capability ahead of 2026 removal of low-value import exemption.
Cross‑border real estate inflows surge to $7.24b in Q1
Portfolio deal and retail activity lift volumes to $7.24b, says Knight Frank.
Singapore maintains biomed strength with 60+ plants despite closures
Sector drew $4.4b in 2025 investments, supporting jobs and continued manufacturing expansion.
MAS moves to align SGX rules for overseas dual listings
The framework will allow firms to use one prospectus for SGX-Nasdaq dual listings.
OCBC Q1 profit rises 5% to $1.97b on fee gains
Net interest income fell, but wealth-led gains and higher fees lifted total income.
AI-driven layoffs could erode firms’ competitive edge: Jasmine Lau
Authorities are reviewing support gaps in the workforce support.
Thailand hit weighs on Frasers property; H1 profit down 38%
Higher development contributions lifted PBIT despite weakness in reported earnings.
Amazon.sg to phase out local fulfilment as it expands international store
The shift will give Singapore customers access to more products from Amazon’s US, Japan, and Germany stores.
Rex International appoints Mike Hopkinson as COO
Hopkinson replaces retiring COO Svein Kjellesvik and will support Rex’s operations.
Watchdog warns weak fines leave S’pore exposed after $3b laundering case
The market remains vulnerable to illicit fund flows despite its mature financial sector.
Thin buyer pools threaten valuations as firms purge mature assets
Companies sell non-core units to recycle capital as IPO exits remain selective.
Daily Markets Briefing: STI up 0.3%; Top stock is Hongkong Land
Hongkong Land is the top stock with a 9.16% increase.
Seed-stage deals drive 70.9% of Singapore startup funding in April
Total seed funding reaches $28.2m, led by Simple Chain’s $15m round, according to Tracxn data.
AI transition must avoid worker‑business clash, Minister Tan says
Only 6% of AI adopting firms reported workforce reductions in MOM survey.
Singapore rated strong on AML controls in FATF review
FATF places SG on regular follow-up, citing robust AML/CFT framework.
AIMS APAC REIT FY2026 NPI climbs 5.7%, DPU up to 9.850 cents
Income growth was supported by rental reversions and stable occupancy.
StarHub Q1 profit plunges 81% to $5.9m on weaker consumer revenue
Revenue, EBITDA and cash flow declined even as enterprise and cybersecurity offset losses.
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