News

COTD: Gold tops local ETF inflows in H1 2025

COTD: Gold tops local ETF inflows in H1 2025

The global gold spot price recorded its highest New York closing level in history.

Ocean Network Express launches sixth ammonia/methanol-ready vessel

The company has expanded its fleet with ONE Singapore.

Suntec REIT issues $250m perpetual securities

Net proceeds will be used to refinance existing borrowings.

Singapore ramps up public healthcare system with new AI tools

Authorities plan to merge HealthHub and other public health apps into a single platform by 2027.

Analysts revise down 2025 NODX forecast amidst trade uncertainty

UOB now expects a NODX growth of just 1–3% for 2025, whilst RHB maintains a flat growth projection.

M1, Ericsson to automate SG transport networks with AI

The solution uses AI and machine learning to automate network operations across microwave, IP, and optical systems.

Singapore exports expected to slow as US-bound demand moderates

The slowdown comes as the boost from front-loaded US-bound shipments wanes, exposing Singapore’s heavy reliance on external demand.

New home sales fall 53% in May amidst launch slowdown

The weak showing was largely due to the near absence of new launches—only 20 units came to market in May, compared to over 1,300 units in April.

Singapore records one of APAC’s lowest fossil fuel subsidy levels

In 2022, Singapore’s fossil fuel subsidies accounted for 5% of its GDP.

Daily Markets Briefing: STI up 0.57%; Top stock is CapitaLand Integrated Commercial Trust

CapitaLand Integrated Commercial Trust is the top stock with a 1.88% increase.

Synapxe inks four MoUs to boost AI in healthcare

The company partnered with OpenAI, AIDX TECH, Databricks, and Google Cloud. 

HDB to extend Parenthood Provisional Housing Scheme until December

Eligible families will receive $300 per month on a reimbursement basis.

BBR Holdings bags $220m new contracts

The projects will commence in June 2025.

CCCS flags Agoda over ‘misleading’ mobile and website features

Agoda has since voluntarily provided an undertaking and made appropriate changes.

CosmoSteel Holdings to dispose 90 Second Lok Yang Road property

The sale to Tenda Equipment & Services is expected to take place in August 2025.