News

SMU, Tax Academy of Singapore launch int’l tax research initiative

The initiative aims to support both global tax scholarship and Singapore’s tax professionals.

StarHub acquires full ownership of MyRepublic Broadband

It purchased the 49.9% stake in the broadband business that it did not yet own.

Singapore raises 2025 GDP growth forecast to 1.5–2.5%

Growth expected to slow in H2 as US tariffs take effect and front-loading fades.

Morningstar lifts SGX fair value estimate to $14.50

SGX’s FY2025 adjusted net profit after tax rose 16%.

Singapore records lowest Steam breaches in APAC

11 million gaming account credentials were leaked worldwide last year, the study noted.

Ascott adds 11 new resorts in Asia and Middle East portfolio

The firm said it has more than 20 new resort properties slated to open in the future.

Daily Markets Briefing: STI down 0.17%; Top stock is Venture

Venture is the top stock with a 1.15% increase.

HSBC upgrades three products for HNW clients

The company said the updated offerings are designed to support long-term financial protection, amongst others.

Singapore live commerce sales to hit $1.67b in 2025

DBS said the sector is expanding at a CAGR of 16% and could double to $8.47b by 2030.

Mental well-being overtakes academic grades in parents’ priorities

It also found that 38% of Singaporeans consider a university degree only moderately important.

MAS urges tighter governance for VCCs after thematic review

The regulator noted that some VCCs investing in listed equities and fixed income instruments lacked the required independent custody.

Districts 4, 1, and 9 post highest rents for 3-bedroom units in Q2

Rents in these areas reached  $8,500, $8,475, and $7,500, respectively.Average median rents for 3-bedroom units were the highest in Districts 4, 1, and 9 in the second quarter of 2025, according to the research released by Savills Singapore.

Lifestyle intervention and preventive care could help save $650m by 2050: study

The study had 14,465 participants aged 21 to 94 years old living in Singapore.

Centurion posts 35% net profit decline in H1

This is attributed to lower fair value gains recorded as compared to H1 2024.Centurion Corporation Limited has reported a decrease of 35% in net profit after tax in the first half of 2025 (H1 2025) to $82.99m, compared to the recorded $127.69m during the same period in the previous year.

Zheneng Jinjiang Environment profit surges in H1

The company also recorded a 0.6% YoY increase in revenue.

APAC Realty’s profit more than doubles to $11.1m in H1

Revenue from new home sales more than doubled to $131.2m in the same period.