News

MSIG Singapore to underwrite protection & indemnity risks with marine unit

Asia’s P&I segment is projected to grow by $200m by 2030.

MoM simplifies lifting equipment tests for businesses

This will provide flexibility by allowing occupiers to appoint competent persons.

CapAllianz reports higher net loss in FY2025

Revenue also fell due to decreases in the oil and gas business segment. 

LBC rates adjustments reflect upward demand in the land market

 Increases are not expected to harm the overall land market.

iX Biopharma cuts loss in FY 2025

The group’s revenue grew by 30% year on year to $7.7m.

Oxley completes flagship Oxley Towers KLCC

The group expects to collect $60.8m (RM200m) of sales proceeds.

Oxley Holdings narrows loss in FY 2025

Group revenue for the period increased by 9% year on year to $313.6m.

Hiap Seng Engineering employee dies in workplace accident

The fatal accident occurred at its workshop premises on 30 August 2025.

GuocoLand unit divests property in Bandar Johor Bahru for $46m

The property is a leasehold land and a hotel erected on it.

CapAllianz suspends services to GPT Desk over unpaid fees

The group said the suspension does not mean that the agreement has been terminated.

Daily Markets Briefing: STI up 0.37%; Top stock is Keppel

Keppel is the top stock with a 3.18% increase.

COTD: Luxury home market sees surge in sales volume

141 luxury homes in the core central region exceeding $5m were transacted.

Singapore appoints five new IRAS board members, reappoints four

The new board composition will start on 1 September 2025.

Shangri-La Asia reports lower net profit by 38.7% YoY in H1 2025

The decline was mainly driven by lower revenue in Singapore and mainland China.

mm2 Asia widens net loss in H1

Revenue also fell 13.9% year on year to $165.1m during the same period.