News
Wilmar China unit found guilty of contractual fraud
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.
SBF opens first centre in Middle East
It aims to support Singapore businesses expanding into the Gulf through in-market advisory.
STI closes at 4,546.07 after new high
The index’s valuation continues to rise but remains below pre-2008 levels.
Daily Markets Briefing: STI up 0.09%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 2.76% increase.
HNW individuals fear wealth may not last beyond next generation: report
Three in four Singapore HNWIs believe their heirs may not be financially equipped to manage inherited wealth.
Business confidence in cyber recovery falls to 20%
The firm noted that non-human identities now outnumber human users by roughly 82 to one.
Bain launches AI Innovation Hub to accelerate enterprise adoption
Bain says AI must drive revenue and speed, not just productivity.
Firms now seek more specific skill sets in entry-level hiring: report
66% of companies look for AI tool certifications, amongst others.
Singapore’s workforce faces widening job expectation gap
Six in ten said they spotted the mismatch within the first three months.
Coliwoo sees improved core profit in FY 2025
The company expects improved performance despite lower earnings before tax.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform