News

Daily Markets Briefing: STI down 0.09%; Top stock is Wilmar Intl

Wilmar Intl is the top stock with a 1.85% increase.

Singapore maintains tariffs on US goods in 2025: report

However, Singapore is vulnerable to a potential 25% US tariff on pharmaceuticals. 

MoneyMax completes digital token issuance

The tokens are Series 011, Series 012, and Series 013.

Singapore and Vietnam upgrade renewable energy ties

A joint report was endorsed which states regulatory approvals for renewables trading.

Oracle launches AI Centre of Excellence

It will serve as a resource and hub for innovation and collaboration.

Shein moves forward with IPO plans amidst US trade pressure

It is expected to boost transparency and build trust in the company.

ESR-REIT prices $125m subordinated perpetual securities at 5.75%

Proceeds will be used to refinance or repay ESR-REIT’s existing borrowings.

Sembcorp terminates gas sale deal in Indonesia

Regulators did not approve the transaction.

MSIG USA expands political risk insurance with Asia partnership

This combines MSIG USA’s underwriting expertise with regional market knowledge.

Singlife, aberdeen launch new share class of global income bond fund

The fund invests substantially in global multi-sector bonds rated BBB and BB.

URA awards tender for Media Circle (Parcel A) site to highest bidder

The highest bidder offered $315m, or $11,158.34 per sq m of gfa for the site.

SG, SUTD sign MoU on urban solutions collaboration

CLC and SUTD will exchange knowledge on innovative, healthy, and regenerative cities.

SingPost injects $30m to expand e-commerce logistics hub capacity

This will enable the facility to handle 400,000 parcels per day.

Singapore G opens cold storage facility in Central SG

The new facility includes 16 cold storage rooms ranging from 300 to 1,500 square feet.

Singapore ranks second globally for cross-border land investments in 2024

Singapore also remained the fourth-largest global source of outbound capital despite a drop in capital outflows in H2 2024.

Mid-cap trading surges 35% in Q1 2025

Mid-cap stocks attracted $71m in net institutional inflows YtD.