News
Changi Airport Group net profit doubles to $841m in FY2024/25
Changi Airport Group net profit doubles to $841m in FY2024/25
Passenger traffic reached 68.4 million in FY2024/25.
IMDA, Cisco to build 5G opportunities and risk testbed
Cisco will provide IMDA with its hybrid 5G Core Network Architecture.
Merchandise trade rises 4.9% YoY in Q1 2025
This growth is driven by increases in both exports and imports.
Yangzijiang Shipbuilding posts $374.25m order wins in YTD 2025
It represents just 5% of full-year target.
Yoma’s net profit falls 36% YoY in FY 2025
Revenue decreased by 7% YoY to $264.8m.
Singapore ranks 4th in global startup ecosystem index
Singapore City also moved up four places to 12th globally.
Industrials gain momentum on SGX amidst tech and trade shifts: SGX
Industrials now make up one-fifth of the 100 most actively traded stocks by average daily turnover, SGX reported.
Four in five firms expect tariff-related disruption: survey
MNCs expressed greater concern (89%) compared to small and medium-sized enterprises SMEs.
Singtel launches $2b share buyback as part of capital plan
The buybacks will be executed on the open market, with the repurchased shares to be cancelled.
Nearly 60% of Singaporeans unlikely to leave city: survey
59% of Singapore residents said they were “unlikely” or “very unlikely” to leave the city.
Shophouse at MacPherson Road launched for sale at $7.8m
This is roughly $1,625 per square foot based on gross floor area.
Daily Markets Briefing: STI down 0.17%; Top stock is Singtel
Singtel is the top stock with a 2.60% increase.
Singapore IT leaders struggle to secure IT infrastructure: report
Over the past year, 51% of IT leaders have experienced a data breach.
Airwallex raises $387m in Series F funding for expansion plans
The company plans to use the funds to expand into Japan, Korea, the UAE, and Latin America.
Singtel launches $2b share buyback programme
This is the group’s first share buyback programme.
Temasek-backed SeaTown invests $115m in AddVita
AddVita will use the funds to enact its ‘buy-and-build’ strategy.
Singtel net profit rises fivefold in FY2025
The growth was driven by a net exceptional gain of $1.55b.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape