News

Great Eastern profit jumps 21% despite 15% sales drop

Total weighted new sales declined 15% as the insurer adjusted its product mix.

iFAST names Tan Tia Hong as group COO as veteran Wong retires

The leadership transition takes effect on 28 February 2026.

Singapore faces 3-to-1 talent gap as AI adoption outpaces skills, LinkedIn says

The 2026 report shows 4.2% of job ads need AI engineers, but only 1.5% of workers qualify.

Veremark acquires RMI to power Singapore’s government and academic screening

The deal adds 70 specialists and secures partnerships with MOM, ECDA, and NTU.

UOB FY2025 net profit drops 23% to $4.68b on higher provisions

Total income slipped 3% to $13.81b during the period.

APAC Realty profit triples in 2025 as new home sales surge 113%

2025 profit reached $20.5m, supported by 12,445 new private unit sales even as HDB resale fell.

Great Eastern net profit rises 21% to $1.21b for FY2025

Insurance revenue grew 1.9% to $7.03b during the period.

Analysts see inflation staying muted after January core eases

UOB maintains its April tightening view, as RHB expects the MAS to remain on hold in H1 26.

Daily Markets Briefing: STI up 0.29%; Top stock is Yangzijiang Shipbuilding

Yangzijiang Shipbuilding (Holdings) Pte Ltd is the top stock with a 3.49% increase.

PLife REIT prices $70m green notes at 2.103%

Five-year issue to refinance a loan tied to an eligible green project.

Concord New Energy warns FY 2025 profit may fall over 80%

The group also orders $56.6m of batteries for a US storage project.

Samudera invests JPY230m in Japan unit

Shipping group says deal will not materially affect FY 2026 EPS.

Sole focus on automation limits AI's revenue potential, experts say

Ninety-five per cent of AI proof of concepts fail due to unclear objectives.

Globe turns to Starlink to fortify network against disaster risks

The group is the first in Southeast Asia to integrate LEO satellite technology.