News

ST Engineering AirX secures ferry partners in Asia for AirFish rollout

Their first passenger services are set the second half of 2026.

MAS issues $3.95b education mandate to equip investors as SGX hits $1t

Government boosts investor education amidst $1.8b daily trades.

Singtel, KKR to acquire 81.7% of STT GDC in $6.6b cash deal

Effective stakes are split 25% for the telco and 75% for the private equity firm.

Asia seizes 38 % of global digital payments as SG nears cash-light reality

Singapore led the region’s digital payment surge with real-time systems like PayNow.

Wellness travel goes mainstream as 81% chase health-focused perks

Singapore and Hong Kong led APAC in making sports and wellness core travel experiences.

Thales inks three MoUs with Singapore EDB on AI, cybersecurity, and manufacturing

Thales will add robots at its Singapore manufacturing centre to boost efficiency.

SpeQtral, Addvalue to study satellite quantum key distribution in Singapore

They will also explore joint go-to-market strategies and co-development initiatives.

Daily Markets Briefing: STI up 1.06%; Top stock is Singtel

Singtel is the top stock with a 4.74% increase.

Singapore Airlines to launch non-stop Riyadh flights in June

The city becomes SIA’s second Saudi destination alongside Scoot’s Jeddah route.

Property investment to dip 5% in 2026 as rental growth stalls

Geopolitical and trade-related risks hamper growth.

KIT income jumps 24% to $249.5m in FY2025 on portfolio growth

Digital infrastructure acquisition expands the trust’s portfolio.

Mapletree refocuses $15.5b portfolio on retail and business parks after Hong Kong exit

MPACT portolio now comprises15 properties focused on retail and business parks.

PropNex unit hit with $367k lawsuit over alleged misrepresentation

Board says case unlikely to materially affect FY2026 results.

Ley Choon's $43.6m new contracts guarantee project revenue through 2029

The contracts cover works for underground utilities services and road facilities.

Info-Tech taps Rotary Engineering CFO to lead financial governance

Overall accounting functions and corporate transparency will fall under his supervision.

ComfortDelGro unifies SG P2P services under 'Zig' brand

Taxis, private-hire, and limousines now operate under a single identity.