News
MAS posts $19.7b net profit in FY2024/25
This was driven by strong investment gains of $31.4b.
Philip Yeo to retire from CDL board
He served the board for 16 years.
SIA group passenger traffic up 4.5% in June
The group’s passenger load reached 88.7%.
Singapore AUM up 12% to $6.07t in 2024
Net inflows also rose 50% YoY.
China Medical System debuts on SGX
This marks the group’s second market listing.
Banyan Group to open 100th hotel in November
The grand opening of the Mandai Rainforest Resort in Singapore will be in November.
MAS launches new programme to help financial institutions adopt AI faster
This allows FIs to share successful AI use cases and best practices.
MAS to launch backup system for NETS contactless payments
It also plans to develop similar backup solutions for QR code payments.
Singapore economy expected to slow in H2 2025
GDP grew 4.3% year-on-year in Q2.
Industrial property at 11 Wan Lee Road listed for sale at $12.5m
This translates to approximately $298 per sq. ft.
H2G Green unit inks deals for 332 MW of LNG power generation in PH
Feasibility studies will be conducted for the projects in the coming months.
eToro announces SG expansion after securing CMS licence
The investing platform has a global community of 40 million registered users.
Daily Markets Briefing: STI up 0.26%; Top stock is Jardine Matheson
Jardine Matheson is the top stock with a 3.88% increase.
Singapore ranks 9th amongst top non-European travel alternatives
The United Arab Emirates topped the list with a perfect score and 19,700 hotels.
GXS Bank launches GXS Invest
Customers can invest in the Fullerton SGD Cash Fund (Class G) from as low as S$1.
DHL Global Forwarding names new MD for Singapore operations
Praveen Gregory will report to CEO Niki Frank and will be based in Singapore.
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Commentary
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Microclimate retrofitting could be Singapore’s next big sustainability play