News

Daily Markets Briefing: STI up 0.42%; Top stock is OCBC Bank

OCBC Bank is the top stock with a 2.65% increase.

Shophouse sales hit near three-decade low as investors become more selective

More than 60% of shophouses sold in Q1 2026 were less than $5m,

iX restructures consumer-facing business to pursue US consumer health market

The newly incorporated holding company may pursue a public listing.

Beng Kuang Marine gets $15m financing for ASOM acquisition

Financing includes conditions on deal execution, ownership retention, and repayment.

BRC Asia posts record $931m half-year revenue, profit up 24%

BRC attributed this to increased tonnage delivered amongst others.

Singapore expands tourism infrastructure with $740m 2040 strategy

Government ties cruise and MICE plans to long-term growth at Straits View.

Singapore boards notch 10% rise in women leaders in 2025

Women accounted for 25.8% of board positions at the Top 100 SGX primary-listed firms.

JUMBO Group H1 profit falls to $6.2m on rising costs

Earnings slid despite stronger top line expansion in Singapore and China outlets.

IMDA targets 40,000 tech workers in expanded AI training initiative

With AISG, it will launch the AIxTech AI software engineering programme.

Daily Markets Briefing: STI down 0.4%; Top stock is Jardine Matheson

Jardine Matheson is the top stock with a 1.57% increase.

CapitaLand Ascendas REIT completes Japan data centre acquisition

The REIT used $188.3m from its equity fundraising proceeds to partially finance the Greater Osaka asset.

Concord New Energy April power output falls 5.3%

Wind and solar generation both declined YoY.

UI Boustead REIT occupancy rises to 92.2% after new leases

Singapore's committed occupancy reached 97.1%.

CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO

He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.