News
TMG secures $225m Islamic revolving credit facility from Maybank
TMG secures $225m Islamic revolving credit facility from Maybank
The group may request to convert the facility into a sustainability-linked one.
ISDN acquires 51% stake in Indonesian hydropower provider for $2m
The acquisition of PT Funda will strengthen ISDN’s presence in Indonesia.
KSH Holdings raises $8.67m from sale of treasury shares at $0.305 per share
Proceeds will be used for the group’s working capital needs.
SingPost operating profit falls 60% YoY in Q1 FY25/26
Its revenue also declined by 23.8% YoY amidst challenges in the market.
FWD Singapore rolls out indexed universal life plan under FWD Private
The product offers allocations between a Fixed Account, currently at 4.5% per annum.
AIA Singapore, Mount Alevernia collaborate for cost-efficient healthcare
The MoU builds on AIA Singapore’s healthcare initiatives rollout in 2024.
Singapore’s office spaces remain resilient amidst global economic uncertainties: S&P
Prime offices benefit from the flight-to-quality trend.
Singapore faces retirement strain as ageing accelerates by 2050
In many Asian markets, around 20% of the population is currently aged 65 or above, and is expected to reach up to 40% in some countries by 2050.
OrangeTee partners with Tokyu Livable to open Japan market access
Through this partnership, Singapore-based clients will gain direct access to Tokyu Livable’s exclusive portfolio.
Daily Markets Briefing: STI up 0.27%; Top stock is SATS
SATS is the top stock with a 2.52% increase.
Capital World subsidiary faces claims for failure to deliver vacant unit sold in 2021
The buyer is seeking a refund of around $97,337 (RM327,953).
PC Partner posts higher attributable profit, up by 29% YoY in H1 2025
The group’s revenue also increased by 28.5% in the same period.
Beng Kuang Marine forms new business for niche field in the oil and gas industry
The new business will provide specialised industrial chemical cleaning services.
SATS profit rises 9.1% YoY to $70.9m for Q1 FY26
This is attributed to volume growth in its cargo and aviation food services.
MOM to launch dedicated online tab for reporting illegal delivery work
The Platform Workers Trilateral Group will continue addressing worker concerns.
Wing Tai Director’s children buy four units at River Green development
Sale prices range from $1.96m to $2.0m per unit.
Singapore Gen Z lose brand trust over generic AI replies: survey
Singapore’s AI natives use an average of five different AI applications — more than their non-AI native counterparts, who average just three.
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Commentary
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