News
Singapore lenders face earnings drag with NIMs falling fast
Singapore lenders face earnings drag with NIMs falling fast
This acceleration in margin pressure could weigh heavily on near-term earnings across the banking sector, DBS said.
Singapore businesses adopt AI with selective implementation: report
Over two-thirds of firms in Singapore report some level of automation, though most have only automated up to 25% of their processes.
Daily Markets Briefing: STI up 0.55%; Top stock is DFI Retail Group Holdings
DFI Retail Group Holdings is the top stock with a 9.18% increase.
Consumer price index down 0.1% in June
But it was 0.8% higher than a year earlier, with food and transport prices rising.
HDB launches over 10,000 new flats in July sale
This sale includes four prime projects in Bukit Merah, Clementi, and Toa Payoh.
Singapore holds world’s 'most powerful passport’
Asian countries led the global mobility race, with Japan and South Korea tied for second.
Aztech Global’s net profit plunges in FY 2025
It was dragged by its lower revenue.
Hutchison Port’s profit grows 25.2% YoY during H1
The container throughput of YICT increased by 12.7% YoY.
Fullerton Fund Management closes first Carbon Action Fund investment
It invested in Routematic’s decarbonisation efforts in Emerging Asia.
MAS selects first asset managers for equity market dev't programme
MAS will place a combined initial sum of $1.1b with the three firms.
Singapore’s New Silk Road hedge fund shuts down amidst investor retreat
The fund’s assets fell to $615m by the end of 2024.
Princeton Digital Group secures $1.66b investment
The funding will support PDG’s expansion in APAC.
NTFGH launches population allergy database for allergic rhinitis
Project ENTenna will track up to 6,000 patients from 2024 to 2026.
Link REIT CEO George Hongchoy to retire after 16 years
The board has begun a formal process to appoint his successor.
DFI Retail Group posts $48.6m loss for H1 2025
Still, underlying profit attributable to shareholders rose 39% YoY.
SingPost completes $177.9m divestment of freight forwarding business
Proceeds will strengthen SingPost’s cash position.
SIA Engineering net profit up 29% YoY to $42.9m in Q1
Revenue also rose 33.4% YoY to $358.4m
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