News
GDP forecast at 2% with downside risk in 2025: RHB
GDP forecast at 2% with downside risk in 2025: RHB
The economic outlook has become “increasingly fluid” due to mounting external pressures, the report noted.
Daily Markets Briefing: STI up 0.36%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 4.25% increase.
Singtel launches 5G network slicing for iPhone business apps
The feature supports apps that align with Apple’s traffic categories—such as Streaming and Communication.
MNCs in Singapore turn to AI for payroll transformation: survey
The report also revealed that 51% of Singapore-based multinationals are considering using AI to manage payroll with fewer staff.
Singapore ranks fifth in Asia for green market capitalisation
In terms of green revenues, Singapore holds the seventh position regionally.
Frasers Property, Frasers Hospitality Trust announced a trading halt
Reports said Frasers Property is planning to take the trust private.
How much Singapore contributes to Asia’s green economy
It ranked the lowest amongst countries listed.
Huawei, Keppel to boost solar and BESS adoption in Asia
They will develop energy technologies for specific projects.
UOB maintains profitability despite possible slower loan growth
Management sees demand for hedging, particularly for foreign exchange.
OUE acquires 3.19% stake in Gemdale Properties for $24.5m
It involved 530 million ordinary shares.
Medeze Group launches partial offer for 10% stake in Cordlife
The offer is priced at $0.25 per share.
Zixin Group forecasts ‘significant higher’ profit for FY2025
It was driven by increased sales of fresh sweet potatoes.
Seatrium secures FSRU conversion contract from Höegh Evi
Engineering work starts this May.
Singapore stocks gain traction with strong retail inflows in Q2
The Straits Times Index posted a 1.1% drop in total return for Q2 2025 through May 7.
UMS’ net attributable profit rises to $9.8m in Q1
The board declared a tax-exempt dividend of $0.01 per share.
SBS Transit pioneers smart bus braking system in Singapore
The project is scheduled for a pilot launch in H1 2026.
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