News

Digital token firms serving foreign clients must obtain a license: MAS

Without a license, they will need to cease operations by 30 June.

MPA, Bureau Veritas extend MoU on maritime innovation and talent development

As part of the renewed MoU, they plan to explore setting up a BV innovation hub in Singapore.

DBS and UOB fund $530m data centre campus in Indonesia

Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.

Two Singapore hospitals partner with Keppel to explore district cooling collaboration

The MoU will study whether the DCS plant can supply chilled water to the hospitals.

SIAS slams Great Eastern on outcome of previous delisting offer

Great Eastern received a new voluntary delisting offer of $30.15 per share.

Retail sales edge up 0.3% YoY in April with broad-based growth

Excluding motor vehicles, growth would be higher year-on-year.

CapitaLand expands lodging fund with Tokyo mixed-use acquisition

This is the fund’s third acquisition and second in Japan.

Great Eastern secures extension to complete delisting

It was granted an extension until 30 September 2025.

Retail vacancy up 0.6% in Q1

New completions increased available retail space.

Daily Markets Briefing: STI up 0.21%; Top stock is Sembcorp Ind

Sembcorp Ind is the top stock with a 3.01% increase.

Fund inflows jump 167% to $7.6b in 2024: report

For the fourth quarter of 2024 alone, net inflows totalled $1.72b.

CPFIS funds gain 6.17% YoY despite mixed Q1

As of end-March 2025, the CPFIS covered a total of 232 funds.

Singapore ranks 48th in 2025's Global Business Complexity Index

The city-state is ranked fifth in Asia for business simplicity, the report says.

NYC, KPMG, IPRS launch Gen2050 youth action programme

The programme seeks to enable participants to create impactful, scalable projects addressing key societal issues.