News

STB renews Ant International partnership as Alipay+ transactions jump 36%

The partnership targets marketing and mobile payment growth.

Top 1% of households hold 14% of nation’s wealth, Minister Siow says

The level is comparable to advanced economies with similar wealth Gini coefficients.

Two Pagoda Street shophouses for sale at $32.5m

Fully tenanted Chinatown shophouses listed at $3,547 per sq ft.

Deliveroo exits Singapore market after 11 years

Its platform will remain live until 4 March 2026.

Seatrium FY2025 net profit up 106% as oil and offshore wind revenue lifts

Gross profit rose to $848m, whilst gross margin improved to 7.4% from 3.1%.

Food Empire profit slumps 32% in FY 2025

Net profit rose 37% in FY2025 on record revenue and 45% jump in normalised EBITDA.

Morrison Lane bid may hit S$1,500 psf ppr

Analysts split on tender trigger odds.

Hitachi, SIT to build hybrid AC/DC power testbed for data centres

Rack-level trial to run on SIT microgrid at Punggol campus.

Digital Realty to test 150kW AI cabinets in Singapore lab

Innovation lab targets AI, hybrid cloud pilots.

Condo resale prices rise 0.5% in January

CCR up 4.0% as resale volumes slip to 853 units.

Daily Markets Briefing: STI down 0.26%; Top stock is DFI Retail

DFIRG USD is the top stock with a 3.87% increase.

MUFG and Singlife seal landmark $550m insurance financing deal

It ranks amongst Singapore’s largest insurance financings.

Tan Boon Liat Building launched for $1b collective sale

Owners have secured 80% consensus for its collective sale.