News
UMS Integration receives approval for Bursa Malaysia listing
UMS Integration receives approval for Bursa Malaysia listing
A prospectus will be issued and made available.
Singapore tech firms dominate SEA funding in H1 2025
On a regional basis, the total funding for the SEA tech ecosystem amounted to $2.5b.
FTSE ST Mid Cap Index dips 1.5% despite standout stock gains
The FTSE ST Mid Cap Index slipped 1.5% in total return for 1H25, underperforming the FTSE Asia Pacific Mid Cap Index, which rose 4.6%.
Nasdaq and QCP partner to bring blockchain to Calypso platform
Under the partnership, QCP will deploy Nasdaq Calypso in Singapore to offer over-the-counter spot and derivative products.
Singapore sees 11-point rise in share of thriving workers
Despite the improvement, Singapore still trails key Asia Pacific peers such as China (40%), the Philippines (30%), and Indonesia (27%).
Morgan Stanley projects RoE to rise to 14% for Singapore by 2030
The investment bank has reaffirmed its overweight rating on Singapore, citing these improving fundamentals as key to its bullish outlook.
Wong calls for flexible multilateralism at Summer Davos forum
At the same time, Singapore is engaging the EU, GCC, and Latin America to strengthen its global trade footprint.
SIA sees minimal impact from Middle East airspace reroutes
The disruptions followed escalating tensions between Israel and Iran, which led to the closure of several regional airspaces on June 23.
COTD: More than 20% of executives cite cybersecurity as greatest threat
However, executives are feeling more confident in their ability to counter them.
Singapore's manufacturing output up 3.9% YoY in May
Transport engineering posted the highest growth at 25.6% YoY.
Chizu Café operator Daruma Capital eyes Singapore IPO
Daruma Capital is partnering with MCI Capital as its financial advisor for the IPO.
SIA CEO annual pay drops to $7m despite record profit
The carrier posted a net profit of $2.8b in FY2024/25.
Daily Markets Briefing: STI up 0.32%; Top stock is DFI Retail Group Holdings
DFI Retail Group Holdings is the top stock with a 2.61% increase.
Income Insurance defends failed Allianz deal as capital boost
Chariman Ong also announced his decision to step down after seven years.
Court of Appeal rejects Three Arrows founders' bid to set aside disclosure orders
The court also overturned a lower court decision permitting liquidators to examine one founder.
MAS, ABS set up SPaN to oversee national payment schemes
It is expected to be fully operational by end-2026.
Keppel, AIIB to mobilise $1.9b for sustainable infrastructure in Asia Pacific
The agreement is effective until December 2030.
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Commentary
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Liquidity crucial to stock market reform