News

HDB resale prices slip 0.6% in April as volumes fall 5.4%

99.co and SRX data showed softer sales and prices, with quarterly dip also recorded.

Ley Choon clinches $35.6m underground utilities contracts

The contracts are expected to be completed within 24 to 36 months.

Singapore Airlines secures 14th spot in global brand value list

Changi Airport remained the strongest airport brand globally.

UOB moves tech workforce to fuel Southeast Asia digital growth

The new technology centre anchors regional banking capability development.

Lendlease Global Commercial REIT to redeem $200m perpetual securities

The 4.20% subordinated perpetual securities will be redeemed on 4 June and delisted from SGX-ST after cancellation.

Beng Kuang Marine Q1 net profit slips 12.7% to $2.8m

The group said margins dipped due to project mix, whilst FPSO work remained its recurring engine.

Share buybacks rise to $911m in first 4 months of 2026

Singtel, OCBC, and Keppel led the tally, jointly repurchasing S$636m worth of shares.

CSE Global’s Q1 new orders jump 74.6% to $271.2m

Growth was driven by stronger demand for Electrification solutions in the US, particularly from the data centre market.

Great Eastern bags $274m profit in Q1 2026

Total weighted new sales gained 16% YoY.

Daily Markets Briefing: STI up 0.14%; Top stock is Venture Manufacturing

Venture Manufacturing (S) Ltd is the top stock with a 10.92% increase.

SMEs hit AI adoption wall as scaling lags despite strong uptake

An AWS study showed firms struggle with integration, governance and operationalisation of AI.

Aleta Planet wins Malaysian payment licences for ASEAN expansion

This adds to its merchant acquirer licence for credit and debit card payments.

ACRO-HT Q1 NPI drops 13.9% to $4.5m as portfolio shrinks

Lower revenue and higher costs weighed on performance after asset divestments.

F&N's H1 net profit slips 3% to $81.6m on higher tax expenses

A $65.8m adverse foreign exchange impact pressured the group's top-line performance.

Competition watchdog clears Zuellig Pharma deal for Lilly’s Cialis assets

CCS said the deal is unlikely to lessen competition in the ED medication market.

Centurion Accommodation REIT posts 2.4% NPI rise to $37.5m in Q1

Higher occupancy and rental rates lifted earnings above prospectus forecast, supported by PBWA and PBSA portfolios.