News

UOB faces margin pressure in Q1 as fees ease

UOB faces margin pressure in Q1 as fees ease

Wealth management fees may grow at around 3.3% YoY during the quarter, said CGSI.

OCBC rolls out gen AI skills training programme for wealth advisors

It is now live in Singapore and will be rolled out in Malaysia and Hong Kong at a later date.

StashAway launches lifetime perks for regular investors

They can get an additional 0.15% pa returns or add to their ETF portfolio with no order fee.

Talent shortages derail business goals for 7 in 10 Singapore firms

Complex payrolls push 45% of firms to halt international hiring and rethink HR strategy.

PM Wong calls for stronger regional energy resilience with net zero push

PM Wong says Asia must diversify supply and secure energy flows amidst Middle East tensions.

Singapore leads Asia in AI maturity but scaling gaps remain

About 40% of Singapore firms reach integration stage, while only 3% achieve AI leadership.

Singapore rejects forced labour, overcapacity claims in USTR response

MTI says no evidence of forced labour exports also cites stable industrial capacity use levels.

Vidacity opens One-North hub amidst startup deployment bottleneck

It will have 80 pilots planned over five years to push startups beyond testing phase.

SIA hits record 90.3% load factor as ME conflict reroutes Europe traffic

Combined passenger carriage increased 14.9% YoY to 3.8 million passengers.

STT GDC, SuperX power Singapore’s AI future with new innovation centre

The centre offers GPU access and testing environment to speed up enterprise AI deployment.

StarHub exits Ensign rights deal in $121m cash transaction

The deal involves the termination of rights over 77.587 million Ensign InfoSecurity shares, or 16.81% of total issued shares.

Career path to wealth loses ground as sandwich class pivots to investing

Cost of living pressures reshape wealth priorities toward portfolios over salaries.

Changi Airport to redevelop former CIP terminal into private travel hub

New facility at Terminal 2 to include private suites, lounges and event spaces by 2027.

Keppel DC REIT’s DPU rises 13.2% to 2.833 cents in Q1

Distributable income climbed 20.7% to $74.6m, supported by acquisitions and portfolio gains.

1 in 5 Singaporeans want coverage with digital mental health tools

Only 60% view AI mental health tools positively, lagging physical and financial services.

Singapore mixed-use investment sales hit $1.9b in Q1

Hougang Central and Centrepoint deals lift volumes.