News

Daily Markets Briefing: STI up 0.41%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 2.18% increase.

Two-thirds of Singaporean firms cut AI investments over trust concerns

They cited data governance (26%), budget constraints (28%), and untrusted data (26%) as major barriers.

CPF SMRA interest rate drops to 4% in Q1 2025

This is due to a decrease in the 12-month average yield of 10-year Singapore Government Securities.

Bishan-Toa Payoh town council gets amber rating for corporate governance

It is the only town council that failed to achieve a green rating.

Everbright Water to buy electricity from Everbright Greentech Services

Everbright Greentech must supply electricity 181 million kilo-watts per year.

Continuum Green Energy launches IPO in India at $0.16 per share

The total aggregate value of equity shares stood at $577m (INR36.5b).

ESR secures $2.5b sustainability-linked loan

This marks the company's 11th sustainability-linked loan.

Fuxing China sells subsidiary for $1.6m

The sale equity recorded a negative book value of $2.7m.

Addvalue’s order book jumps to $20.5m

The order includes multiple Inter-Satellite Data Relay System terminals.

NVPC, ESSEC join hands to host corporate volunteering programme in 2025

The programme will involve over 500 ESSEC students and staff.

Charge+ bags 140 EV charging stations from three S’porean firms

The acquired chargers are located in 42 properties across Singapore.

Labour market to stay resilient into H1 2025 despite trade slowdown: report

Wholesale trade, transportation, storage, and manufacturing sectors could face hiring challenges due to these uncertainties.

TADA launches beta ride services in Hong Kong

Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.

Singapore faces higher security risks as a global AI leader: NetApp

49% of tech executives identified data management and infrastructure investments as top future investment priorities.