News
CapitaLand Ascendas REIT completes acquisition of 9 Tai Seng Drive
CapitaLand Ascendas REIT completes acquisition of 9 Tai Seng Drive
$275.5m used from private placement.
ABC Impact marks entry in PH health sector with AC Health deal
The investment will give the impact investor a minority stake in the Manila-based firm.
ST Engineering and SF Airlines launch airframe MRO facility in China
The facility is located at the Ezhou Huahu International Airport.
SGX securities turnover up 27% in July
SDAV also rose 27% YoY to $1.47b.
Singapore NODX up 7.1% in Q2
Full-year 2025 NODX forecast maintained at 1% to 3%.
Retail workers’ wages to rise under new Progressive Wage Model
Entry-level retail workers to earn at least $2,305 from September.
Singtel appoints Dinesh Khanna as non-executive director
He is Temasek International’s joint head of portfolio development.
Singapore Airlines cuts bond conversion price with final dividend adjustment
The adjusted price took effect on 12 August.
CCCS sanctions immigration consultancy firms over misleading tactics
The case centres on three firms Paul, VED, and SAVA Immigrations.
FLCT prices $100m notes due 2034
Proceeds will be used to fund acquisitions, among others.
Mooreast records net profit of $3.5m in H1 2025, reversing $1.3m net loss a year ago
Its H1 2025 revenue also grew by 84% YoY to $25.2m.
VICOM logs 10.2% increase in H1 net profit
Thanks to the increase in OBU installation activities, amongst others.
Aspial’s net income rebounds to $7.94m in H1
Revenues increased by over 30%.
SMU, Tax Academy of Singapore launch int’l tax research initiative
The initiative aims to support both global tax scholarship and Singapore’s tax professionals.
StarHub acquires full ownership of MyRepublic Broadband
It purchased the 49.9% stake in the broadband business that it did not yet own.
Singapore raises 2025 GDP growth forecast to 1.5–2.5%
Growth expected to slow in H2 as US tariffs take effect and front-loading fades.
Morningstar lifts SGX fair value estimate to $14.50
SGX’s FY2025 adjusted net profit after tax rose 16%.
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Commentary
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