News

Grab launches iPhone tap-to-pay feature

Merchants can accept contactless cards without POS hardware.

Changi logs 69.98 million passengers in 2025 as China traffic rises 12.2%

Vietnam and Japan followed, growing 9.8% and 7%, respectively.

Food Empire offloads 1 million shares to boost working capital

The deal, made through a married deal, involves an international institutional investor.

Level3AI raises $16.6m to expand enterprise AI platform

The funding will scale voice and chat automation across Asia-Pacific markets.

Construction to outperform as public works anchor $30b–$40b demand: UOB

PUB puts the full DTSS programme at about $10b, whilst the Cross Island Line is seen above S$40b.

Raffles Education issues 338,461 shares after bond conversion

The conversion lifted issued shares to 1,530,727,865, with new shares set to trade on SGX-ST on 22 Jan.

Singapore AI drive to sustain productivity and wage growth: Teo

Teo cites 50 centres built in 12–18 months and a digital economy share of 18.6% of GDP.

HRnetGroup wins 3-year Sentosa deal after 8-way tender fight

Octomate will implement a workforce management system for Outward Bound Singapore's 250 staff.

New home sales sink 39.4% on December launch drought: ERA

Absence of new launches led to just 197 sales whilst one deal carried a $23.3m price tag.

Toku public offer 31.9 times oversubscribed in $16.25m IPO

Toku will list 22 Jan under TKU after raising $16.25m from 65.0m shares, with the placement fully taken by noon 20 Jan.

Daily Markets Briefing: STI up 0.38%; Top stock is CityDev

CityDev is the top stock with a 2.65% increase.

AF Global subsidiary sells 55% Xuzhou JV stake for $26.24m

LCLPL will receive $8.31m in cash and $17.93m via debt assignment.

Nanofilm Technologies removes dormant subsidiary

Dormant unit removed with effect from 10 January 2026

Keppel REIT wipes $886.3m loan for Marina Bay tower 3 stake

The preferential offering was fully utilised to repay a bridge loan.

Toku Ltd debuts on Catalist at $0.26 to scale AI CX platform

The group’s AI suite includes sentiment analysis and automated conversation summaries.

AA REIT boosts capital with issuance of $150m perpetuals at 4.1%

The company tapped DBS, OCBC, and UOB as joint lead managers and bookrunners.