News
Singtel’s Optus hit with $84.9m fine over sales practices
Singtel’s Optus hit with $84.9m fine over sales practices
The penalty was fully accounted for in Optus' 2024/25 results.
Optus taps Kerry Schott to review Triple Zero outage
The review will determine the causes of the failure.
Marco Polo Marine expands fleet with two AHTS vessels
The vessels are worth $43.7m.
Ascott crosses 200-property milestone for Citadines with asset-light model
Citadines plans to open 20 more properties.
Traditional 65/35 portfolio unlikely to meet real return targets: study
The paper advocated for a systematic, data-driven approach to building alternatives portfolios
Core inflation eases below expectations; banks revise 2025 outlook to 0.5%
Nomura economists expect core inflation to dip as low as 0.1% in September before gradually firming.
Graduate hiring resilient, but most jobseeker support bids rejected
By June 2025, the employment rate for the 2024 cohort had climbed to 88%.
AI appears in 1 in 10 job ads across half of all occupations
Job postings in food preparation and service climbed 10.7%.
Daily Markets Briefing: STI down 0.29%; Top stock is SATS Limited
SATS Limited is the top stock with a 2.73% increase.
HSBC sets up Singapore centre to explore quantum tech in finance
Initial priorities include PQC, QKD, and long-term infrastructure resilience.
HSBC rolls out cross-border tokenised deposit service
TDS has completed its first USD cross-border transaction between Hong Kong and Singapore.
DBS’s multi-family office VCC hits S$1b assets under management
They are aiming to hit S$2b in AUM by end-2026.
1,700 unemployed graduates increasing sense of job competition in 2025
External factors are also adding to fresh graduates’ anxieties.
Link REIT’s Saunders gets board promotion as Hongchoy retires on 31 Dec
His promotion is effective in January 2026.
Access to global talent needed to grow Singapore’s economy—MOM
The ministry outlined four key enablers to grow the economy.
COTD: SG amongst leading Grade-A office market in Southeast Asia
Banking and Finance drove more than 20% of CBD office demand.
ISOTeam completes $10m funding raise
The bulk of the funding will be used for the commercialisation and development of drones.
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