News
Danny Leung steps up as MoneyHero CFO
Leung joined MoneyHero in 2024 as Group Director of Finance.
A*STAR launches Smart Manufacturing Joint Lab phase two
It will focus on advanced technologies for aftermarket services, amongst others.
GKE raises $8.53m to fund expansion
It will focus on its warehousing and logistics segment.
Daily Markets Briefing: STI up 0.38%; Top stock is ThaiBev
Thai Beverage Public Company Limited is the top stock with a 3.23% increase.
SIT and NVIDIA launch AI research centre at Punggol campus
The SNAIC also launched the SNAIC AI Programme in collaboration with IMDA under the TeSA initiative.
HSA, SMF unveil MedTech ecosystem to enhance regulatory readiness
SME Centre@SMF will offer services such as regulatory consultations, horizon scanning workshops, and whitepapers.
SGX sustainability gains tempered by Scope 3 uncertainty: report
RHB maintained its NEUTRAL rating on SGX, with a target price of $17.80, implying about 4% upside.
DoorDash enters Singapore market with Deliveroo acquisition
The company pledged to equip Deliveroo’s 178,000 merchants with more tools.
Retail sales reaches $4.3b in August driven by online sales
This was an increase of 5.2% compared to the previous year.
Gong cha exits Singapore ‘temporarily’
The brand plans to reopen in 2026 under a new franchise agreement.
Keppel’s Bifrost subsea cable achieves 'ready for service' status
It is the first to connect Singapore directly to the U.S. west coast via Indonesia.
STI poised to maintain year-end target at 4,430
An oversold market breadth sets the market for a potential year-end rally.
ESR exits Kenedix investment
The group said this is to simplify the business and focus on its core strengths.
Keppel DC REIT launches $404.5m preferential offering
It will issue 180.6 million new units at $2.24 each.
Avation posts $7.7m loss in FY2025
The group’s revenue rose 19.2% to $110.1m.
First Resources sells West Papua subsidiaries
The subsidiaries had debts of $103.3m.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform