News

Singapore leads in card payment usage in Southeast Asia

Cards are the most widely accepted payment option.

E-commerce scams in Carousell, META decline: gov’t

MHA will not mandate the enhanced verification requirement for Carousell sellers.

Chocolate Finance, Allfunds reaffirm fund security and orderly withdrawals

Funds are securely held according to Singapore’s regulations.

Kimly completes acquisition of Serangoon coffee shop

The acquisition was completed on 11 March 2025.

Singapore life annuity insurance market to grow by $603m by 2028

The attractiveness of fixed annuities has been a key driver.

Hyphens Pharma gets exclusive rights to distribute European autoinjector

It will distributed in Singapore, Malaysia, the Philippines, and Vietnam.

Incredible Holdings plans reverse takeover with Sheng Tai International

Sheng Tai will inject prime Malaysian land into Incredible Holdings for shares.

Vietjet to launch Singapore–Phu Quoc route

The new route will operate four round-trip flights per week.

Wee Hur shareholders vote for PBSA business disposal for $319m

The company’s stake in the property will be reduced from 50.1% to 13%.

Singapore tops SEA in women-led startup funding despite 72% decline

However, this figure represents a 72% decline from 2023.

Accommodation searches surge 80% ahead of Hari Raya travel season

Thailand and Japan are the top two most-searched destinations amongst travellers from these countries

Waiting for performance reviews may hinder career growth in real estate: report

Professionals who regularly assess their achievements and develop critical soft skills are better positioned for career growth and job security.

DBS sees earnings shift for S-REITs despite high interest rates

It expects a DPU CAGR of over 2.1% from FY25 to FY26, signalling a recovery in investor payouts.

Daily Markets Briefing: STI down 1.89%; Top stock is JMH USD

JMH USD is the top stock with a 1.79% increase.