News
Abundance International warns of FY2025 net loss
Abundance International warns of FY2025 net loss
Losses widened in H2, and part of its inventory was sold at a loss.
Construction earnings peak pushed to FY29 on $43-$53b demand estimate
An estimated addition $5.5b in contracts are expected to be awarded in 2026-2027.
ST Engineering contract wins surge 49% to hit record $18.7b
A $4.7b fourth quarter surge redefined the firm's order book.
Strata office deals hit record sales despite 5.2% value decline
H2 sales value dropped 51.7% as average prices fell 20.7%.
Hong Leong Asia to spin off engine unit for Hong Kong IPO
The Singapore firm seeks HK listing for marine, genset arm.
SGX ETF assets rise 37% to hit $18b in 2025
The increase was supported by full-year net inflows of $2.4b.
HitPay enables SG merchants to accept overseas QR payments
SG merchants can now accept regional e-wallets through a single code
OCBC opens client stocks to institutional borrowers via Citi platform
The securities lending market generated $1.2b of revenue in December 2025 alone.
$45b state surge triggers global VC influx to Singapore’s Biopolis
The 2% GDP spend on R&D served as a talent magnet for returning overseas scientists.
$351m warehouse deal crowns SG industrial market as factory demand slides
The massive sale dominated H2 2025 as multi-user factories occupancy drops.
Fingular secures $10m credit line to scale Malaysian fintech ops
The funding will also be used to strengthen operational capacity.
Linear finance careers fade as 42% back flexible paths
Career progression now depends more on skills and global awareness than tenure or titles.
Keppel Infrastructure Trust locks $100m loan agreement
It also secured $75.4m in uncommitted revolving credit and bank guarantee facilities.
JTC launches Penjuru Lane tender but demands minimum bid
Tender closes 30 June at 11AM.
Singapore adds 8 foreign medical schools to battle doctor shortage
Local intake rose to 555 in 2025 from about 440 in 2014, MOH said, as new grads still start under supervision.
Daily Markets Briefing: STI up 1.28%; Top stock is UOL
UOL is the top stock with a 8.02% increase.
HSA clears cancer-detecting AI for routine hospital use
Intelligent Scopes Corp secures regulatory green light for its new bladder cancer software.
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