News

Morgan Stanley projects RoE to rise to 14% for Singapore by 2030

Morgan Stanley projects RoE to rise to 14% for Singapore by 2030

The investment bank has reaffirmed its overweight rating on Singapore, citing these improving fundamentals as key to its bullish outlook.

Wong calls for flexible multilateralism at Summer Davos forum

At the same time, Singapore is engaging the EU, GCC, and Latin America to strengthen its global trade footprint.

SIA sees minimal impact from Middle East airspace reroutes

The disruptions followed escalating tensions between Israel and Iran, which led to the closure of several regional airspaces on June 23. 

COTD: More than 20% of executives cite cybersecurity as greatest threat

However, executives are feeling more confident in their ability to counter them.

Singapore's manufacturing output up 3.9% YoY in May

Transport engineering posted the highest growth at 25.6% YoY.

Chizu Café operator Daruma Capital eyes Singapore IPO

Daruma Capital is partnering with MCI Capital as its financial advisor for the IPO.

SIA CEO annual pay drops to $7m despite record profit

The carrier posted a net profit of $2.8b in FY2024/25.

Daily Markets Briefing: STI up 0.32%; Top stock is DFI Retail Group Holdings

DFI Retail Group Holdings is the top stock with a 2.61% increase.

Income Insurance defends failed Allianz deal as capital boost

Chariman Ong also announced his decision to step down after seven years.

Court of Appeal rejects Three Arrows founders' bid to set aside disclosure orders

The court also overturned a lower court decision permitting liquidators to examine one founder.

MAS, ABS set up SPaN to oversee national payment schemes

It is expected to be fully operational by end-2026.

Granite Asia joins Jelawang Capital's EMP, RMI initiative

Granite Asia is a multi-stage investor focused on transformative opportunities.

SC Ventures to merge unit with smart action platform FourTwoThree

The platform will allow SMEs to evaluate their carbon emissions.

AHT considers suspending distributions amidst strategy review

The stapled group faces ‘various challenges’ in funding significant capital expenditures.

Singapore partners with Kenya and UK for carbon market

The coalition will expand in the following months.