News

Health ministry suspends Cordlife’s blood banking license

Health ministry suspends Cordlife’s blood banking license

Cordlife is suspended from collecting, testing, processing, or storing new cord blood units.

IHH Healthcare’s profit rises 15% to $193.66m in Q3

Higher daycare and medical tourism supported the quarterly PATMI growth.

Singapore’s innovation engine stalls at commercialisation

Singapore struggles to turn innovation inputs into global market success.

Daily Markets Briefing: STI up 0.36%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 2.91% increase.

URA launches three GLS tenders as 4725 units enter pipeline

Tenders close on 22 January 2026 for Dairy Farm Walk, 5 February 2026 for Tanjong Rhu Road, and 26 March 2026 for Dover Drive.

Property analysts expect Dover Drive and Tanjong Rhu to draw strongest bids

For Tanjong Rhu Road, analysts again see keen interest, estimating two to seven bids at around $1,300 to $1,400 psf ppr.

Singapore’s manufacturing output surges in October as biomedical jumps

The biomedical cluster led the gains with an 89.6% jump, driven by a 122.9% surge in pharmaceuticals.

JTC launches Pandan Road site under IGLS programme

It is the fourth of five confirmed sites for the second half of the 2025 Industrial Government Land Sales programme.

Keppel REIT obtains three loan facilities worth over $400m

These include two $120m credit facilities and one $200m term loan facility.

NIO posts 15% sales increase in Q3 on competitive brand offerings

The automaker delivered 87,071 vehicles, a 40.8% increase over the previous year.

ComfortDelGro, Hello Robotaxi to roll out autonomous taxis in China, other markets

The partnership will use ComfortDelGro’s fleet management and Hello Robotaxi’s vehicles.

Coliwoo’s PATMI surges 62.9% to $22m in FY2025

This is thanks to the demand for co-living business.

ThaiBev profit attributable to shareholders falls to $1.01b in FY 2025

The company proposed $0.0248 total dividend despite the 6.8% profit drop.

Seatrium secures contract for Tiber FPU project in Gulf of America

The series‑build approach strengthens its foothold in Gulf of America projects.

Singtel Optus prices $200m fixed rate notes due 2035

The notes will be converted to Australian dollars for Optus Finance’s medium term notes.

NoonTalk Media secures shareholder backing amidst strategic content realignment

Board continuity and micro‑drama pivot endorsed at FY2025 AGM

Lion Global Investors launches physical gold fund as access expands

The fund aims to track the LBMA Gold Price AM as closely as possible.