News

HDI Global Singapore names Haris Michaels as Eastern energy head

The appointment takes effect 1 March from the insurer Singapore branch.

Daily Markets Briefing: STI down 0.92%; Top stock is Seatrium Limited

Seatrium Limited is the top stock with a 3.17% increase.

AEM profit jumps 47.8% to $17.15m in 2025 on higher client production

The company also posts 48% net profit growth in the same period.

OCR rents fall 2% in Q4 2025 as vacancy rate hits two-year low

Islandwide vacancy rate drops to 6.0%, lowest since Q1 2023.

KSH subsidiary wins over $503m construction project

The group's order book is now estimated at $970m.

Syfe launches JPMAM active ETF portfolio in Singapore

The Equity Alpha portfolio targets an annual alpha of 0.5% to 1% at a fraction of typical annual fees.

NTUC proposes triple-action plan to shield entry-level jobs from AI

One measure is to turn junior roles into AI-focused apprenticeships.

STB renews Ant International partnership as Alipay+ transactions jump 36%

The partnership targets marketing and mobile payment growth.

Top 1% of households hold 14% of nation’s wealth, Minister Siow says

The level is comparable to advanced economies with similar wealth Gini coefficients.

Two Pagoda Street shophouses for sale at $32.5m

Fully tenanted Chinatown shophouses listed at $3,547 per sq ft.

Deliveroo exits Singapore market after 11 years

Its platform will remain live until 4 March 2026.

Seatrium FY2025 net profit up 106% as oil and offshore wind revenue lifts

Gross profit rose to $848m, whilst gross margin improved to 7.4% from 3.1%.

Food Empire profit slumps 32% in FY 2025

Net profit rose 37% in FY2025 on record revenue and 45% jump in normalised EBITDA.

Morrison Lane bid may hit S$1,500 psf ppr

Analysts split on tender trigger odds.