News
Daily Markets Briefing: STI down 0.29%; Top stock is SATS Limited
Daily Markets Briefing: STI down 0.29%; Top stock is SATS Limited
SATS Limited is the top stock with a 2.73% increase.
HSBC sets up Singapore centre to explore quantum tech in finance
Initial priorities include PQC, QKD, and long-term infrastructure resilience.
HSBC rolls out cross-border tokenised deposit service
TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.
DBS’s multi-family office VCC hits S$1b assets under management
They are aiming to hit S$2b in AUM by end-2026.
1,700 unemployed graduates increasing sense of job competition in 2025
External factors are also adding to fresh graduates’ anxieties.
Link REIT’s Saunders gets board promotion as Hongchoy retires on 31 Dec
His promotion is effective in January 2026.
Access to global talent needed to grow Singapore’s economy—MOM
The ministry outlined four key enablers to grow the economy.
COTD: SG amongst leading Grade-A office market in Southeast Asia
Banking and Finance drove more than 20% of CBD office demand.
ISOTeam completes $10m funding raise
The bulk of the funding will be used for the commercialisation and development of drones.
Gov’t extends 4% CPF floor interest rates until 2026
This is only for Special, Medisave, and Retirement accounts.
HDB to offer about 7,000 units with Berlayar estate launch
It will be launched in October 2025.
Seatrium sells AmFELS yard in Texas for $65m
The sale will allow the company to fuel capital and operational efficiencies.
Lion Group to relocate to CAG’s Terminal 4
CAG is working closely with the company for its airlines to be fully onboarded onto FAST.
Frasers Centrepoint completes sale of 10 strata lots at Yishun 10
The divestment was worth over $30m.
Gov’t names new CEOs for IMDA, NLB
Ng Cher Pong will be the new CEO of the Infocomm Media Development Authority.
Food Empire raises $42.8m through 17 million share placement
The proceeds will help the company pursue growth strategies and optimise its balance sheet.
SG, Egypt ink five MoUs for deeper business collaboration
The programme also provided opportunities for business-to-business matchmaking.
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