News

Luminor Financial unit takes action vs KL Petrogas over unpaid debt

The outstanding debt from KLP was approximately RM14.3m.

UOL sells 53% of Upperhouse units during private preview

Units were sold at an average of $3,350 per square foot.

Daily Markets Briefing: STI up 0.67%; Top stock is Seatrium Limited

Seatrium Limited is the top stock with a 5.78% increase.

AI poised to power Singapore’s 3% annual GDP growth

The report attributed Singapore’s strong AI momentum to its early national strategies, public-private collaboration, and targeted infrastructure investments.

Singapore employers report turnover rise with delayed pay hikes

45% of employers surveyed either reduced or postponed pay rises this year, whilst 17% did not issue any salary increases. 

Investors pivot to S-REITs, bank stocks as T-bill yields drop to 1.8%: analyst

The report said Singapore-listed REITs (S-REITs) and major local banks are well-positioned to absorb this liquidity shift.

Singapore launches $200m fund to build aviation workforce

The fund is part of a broader $1b package unveiled by the government in March.

RHB Singapore to lead group’s pivot toward ASEAN growth

In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b. 

NHG Health expands access to diabetic foot and eye screenings

This fuels efforts to enhance early detection and management.

SCCCI and Maybank collaborate to drive more investments in JS-SEZ

The MoU is expected to benefit an estimated 5,000 SCCCI corporate members.

Tripartite MoU signed to expand RAS accessibility in Singapore

One key focus area is research into tele-surgical education and training.

Prime office rents rise 0.9% YoY in Q2

Knight Frank said Singapore’s prime office market remains stable.

Condo prices dip by 0.2% MoM in June

Year on year, overall rental prices increased by 2.5%.

Sing Holdings wins Chuan Grove tender

The partners will form a joint venture company to complete the acquisition.