News

GLLM moves to seize total control of GuocoLand Malaysia

The subsidiary will be privatised through a selective capital reduction and repayment exercise.

RTX expands Singapore aerospace capacity with over $139m investment

The new deals will back next-generation aircraft platforms.

Tech tailwinds push manufacturing PMI to 50.5 in January

Sustained demand for AI-related chips and memory products fueled the uptick.

ST Engineering AirX secures ferry partners in Asia for AirFish rollout

Their first passenger services are set the second half of 2026.

MAS issues $3.95b education mandate to equip investors as SGX hits $1t

Government boosts investor education amidst $1.8b daily trades.

Singtel, KKR to acquire 81.7% of STT GDC in $6.6b cash deal

Effective stakes are split 25% for the telco and 75% for the private equity firm.

Asia seizes 38 % of global digital payments as SG nears cash-light reality

Singapore led the region’s digital payment surge with real-time systems like PayNow.

Wellness travel goes mainstream as 81% chase health-focused perks

Singapore and Hong Kong led APAC in making sports and wellness core travel experiences.

SpeQtral, Addvalue to study satellite quantum key distribution in Singapore

They will also explore joint go-to-market strategies and co-development initiatives.

Daily Markets Briefing: STI up 1.06%; Top stock is Singtel

Singtel is the top stock with a 4.74% increase.

Thales inks three MoUs with Singapore EDB on AI, cybersecurity, and manufacturing

Thales will add robots at its Singapore manufacturing centre to boost efficiency.

Singapore Airlines to launch non-stop Riyadh flights in June

The city becomes SIA’s second Saudi destination alongside Scoot’s Jeddah route.

Property investment to dip 5% in 2026 as rental growth stalls

Geopolitical and trade-related risks hamper growth.

KIT income jumps 24% to $249.5m in FY2025 on portfolio growth

Digital infrastructure acquisition expands the trust’s portfolio.

Mapletree refocuses $15.5b portfolio on retail and business parks after Hong Kong exit

MPACT portolio now comprises15 properties focused on retail and business parks.

PropNex unit hit with $367k lawsuit over alleged misrepresentation

Board says case unlikely to materially affect FY2026 results.