News

Business premiums for life insurance totals $4.7b in 9M: LIA

Firms spent $2.3b in life and health policies for workforce.

CapitaLand Ascendas REIT to divest Australia property for $90m

It aims to earn a net proceed of $83.4m from divestment. 

Wilmar International unit buys 13% stake in AWL Agri

Lence Pte Ltd. intends to get an additional 13% on top of its 20% equity capital.

Prime REIT sees increased occupancy at US assets in Q3

The firm’s Washingtonian and Utah portfolios saw 85% and above 90% occupancy, respectively.

ST Engineering debuts quantum-safe cybersecurity suite for FIs

The Quantizant PQC-readiness platform enables organisations to assess cryptographic exposure.

SG, UK launch first-ever AI in finance collaboration

It aims to enhance cross-border opportunities for financial institutions and AI firms.

Singapore builds a three-tier strategy to future-proof its workforce

The plan spans basic AI literacy to advanced development as technology reshapes jobs.

F&N's profit after tax falls 4% in FY2025

The higher Thailand tax costs offset F&B earnings growth.

SBS Transit's Q3 profit falls 20.6% YoY

Revenue declined 2.4% YoY to $386.45m, mainly due to lower bus service fees.

SingPost offloads 14 HDB units for $55.5m

The disposal is expected to yield an estimated one-off gain of $49.14m.

Singapore pursues digital economy ties with ASEAN and global blocs: DPM

DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.

DHLT’s nine-month distributable income falls 8.4% to $23.4m

Higher interest costs offset NPI growth from its Vietnam asset.

BHG Retail REIT posts strong occupancy rate in Q3

It saw a 94.2% committed occupancy rate during the period.

UOB CEO calls for banks, fintechs, regulators to align on AI standards and trust

Technology should empower people, not replace human judgment and empathy.

Asia’s regulators need to match banks’ digital pace, GFTN says

Good regulation, he argued, should function as “a safety belt, not a brake."

Yoma Holdings expects higher profit of motor business in H1 2026

Yoma Motors expects sales of Hino trucks, passenger vehicles to increase revenue from $3m to $9m.