News

F&B sales rebound 5.5% in February

The increase follows a 3.2% dip in January.

HDB resale prices up 1.4% YoY as transaction volumes rebound in March

Over 2,000 flats were sold in March with 145 million-dollar transactions, led by Toa Payoh and Bukit Merah. 

February retail sales jump 8.3% on CNY timing boost

Total sales value was estimated at $4.2b in the month.

Singlife updates Shield Plan riders to boost healthcare affordability

Product enhancements respond to specific demographic shifts in long-term care.

Daily Markets Briefing: STI up 0.5%; Top stock is Yangzijiang Shipbuilding

Yangzijiang Shipbuilding is the top stock with a 3.13% increase.

STI eyes 5,040 peak with oil prices driving markets: DBS

Higher prices support bank margins but weigh on REITs and transport.

Frasers Hospitality to open 18 serviced residences in Asia by 2028

The expansion is anchored by a new flagship Fraser Suites in Bangkok.

Singapore limits passengers to two power banks per flight

The new CAAS rule will take effect starting 15 April.

Property investment sales hit $15.4b in Q1 as market strength rolls over from 2025

Knight Frank maintained a full-year forecast at $30b despite geopolitical uncertainties. 

Singapore only Asian city in global top 10 for building material reuse

The city ranked 10th in Savills' index, placing ahead of regional peers like Tokyo.

Manufacturing momentum eases in March but PMI still signals expansion

SIPMM notes positive outlook despite slower expansion and geopolitical uncertainties, led by electronics sector demand.

No energy curbs in Singapore despite global moves: Shanmugam

The Homefront Crisis Ministerial Committee is now coordinating the national response.

Olam Group sells Mindsprint for $483.8m amidst restructuring push

Wipro will provide eight-year digital and AI-led transformation services to Olam Group.

FoodXervices to wind down by end-April after 92 years of business

The company cited the loss of its headquarters as a key factor in its decision.

Investment banking fees hit three-year high in Q1 as M&A value surges

LSEG data showed fees rose 8.2% to $240.9m, whilst deal values jumped to a record $66.6b despite lower volumes.

Gov’t convenes crisis committee as Middle East conflict hits energy flows

Immediate efforts are focused on strengthening energy and supply chain resilience.