News

Singapore SMBs race to adopt AI amidst growing gaps

Skills shortages, unclear strategies, and poor data readiness threaten to slow AI adoption.

OCBC enables direct transfers with 8 new e-wallet partners

Customers in Singapore can now directly transfer money to 10 e-wallets.

2 in 3 Singaporean retail investors now hold crypto: survey

Whilst ownership is more common, allocations remain cautious, it said.

SATS Q2 net profit rises 13.3% to $78.9m

Its EBITDA margin expanded to 19.6%.

Alpina Holdings to delist in December

The firm’s special dividend stands at $0.06 per share.

Heidi opens Singapore hub after $65m funding

The AI platform can support 55,000 consultations, transcribing doctor–patient conversations into structured notes

CSE Global’s Q3 revenue up 20.5%

Its nine-month order book, however, declined.

SGX, Nasdaq to simplify dual listings with global board

The Global Listing Board, which will go live mid-2026, will enable firms with $2b market capital to access to two markets.

Wilmar China unit found guilty of contractual fraud

Guangzhou Yihai was fined $183,912.50 (RMB1m) and intends to appeal.

Rising costs force rethink of Singapore’s 2030 manufacturing goal

Supply disruptions, and digital gaps could derail its manufacturing growth target.

MAS launches $30m 'Value Unlock' package for listed companies

Two grants will support corporate strategy and capital optimisation.

Manulife US REIT secures 24-month US Treasury lease renewal for Penn property

The renewal increases the weighted average lease expiry to 2.3 years.

Keppel REIT prices $100m perpetual securities

This will be allocated for financing or refinancing acquisitions, investments, asset enhancements, or interests of the REIT.

CDL unit divests California asset for $186.8m

This strengthens its capital recycling programme.

MAS allocates $2.85b to second batch of EQDP asset managers

Total allocations now amount to $3.95b across nine managers.

O’Hotel on Kowloon City Road launched for sale

The property sits on a 3,100-square-foot site with an estimated 28,000-square-foot gross floor area.