News

Luminor Financial forecasts net loss for H1 2025

This is due to an increase in amortisation of intangibles regarding the FHPL crowdfunding platform.

OCBC’s group net profit down 6% to $3.7b in H1 2025

Interim ordinary divided is 41 Singaporean cents.

FLCT posts 92.5% occupancy rate in Q3 2025

It reported 420,000 square metres of active leases and renewals.

NetLink NBN’s profit declines 9.2% in Q1 FY 2026

Revenue increased by 1.9% whilst EBITDA decreased by 1.9% in the same period.

Daily Markets Briefing: STI down 1.08%; Top stock is Venture

Venture is the top stock with a 4.19% increase.

ZGR Global and Hanshan fined $5.37m over illegal rate sharing

Staff from both firms engaged in frequent exchanges of real-time remittance rates, report said.

Singapore hiring up 2.1%, still 43% above pre-COVID

As of June, 14.8% of all job postings mentioned AI, a 10.1% year-over-year increase. 

Singapore ranks second globally in AI readiness

Singapore leads globally in regulatory frameworks and AI adoption.

Singapore rises as global biotech powerhouse amid U.S. pullback: report

The report noted Singapore’s biotech edge is underpinned by nearly 30 years of government investment and infrastructure development.

Singapore’s SME Centres set for major upgrades by 2027

Enhancements are expected to be fully implemented by 2027 include expanded advisory services.

SG sees companies look beyond SGX for IPOs in H1 2025

Only one Singapore-headquartered company chose to list domestically.

COTD: Singapore drives global cross-border IPO boom

Together with Greater China, the two Asia-Pacific regions represented 74% of all global international listings.

MPACT reports DPU of 2.01 cents per unit for the period April to June 2025

Record date for unitholders is 7 August, payout is on 11 September.