Staff Reporter

MoneyMax subsidiary prices $30m 5% notes due 2028

The notes will be issued under MoneyMax Treasure’s $500m multicurrency medium-term note programme.

Developers seen keen on Berlayar Drive, New Upper Changi GLS sites

Analysts expect healthy interest, though bid forecasts differ across the two plots.

Monday Wrap: Bank wealth inflows, STI risks, and AI job gaps

Singapore banks gain from safe-haven flows as firms and markets face rising uncertainty.

Boardroom 'tenure trap' sidelines new voices despite 93% participation rate

Nearly all directors say they are heard, but CBD finds tenured members hold disproportionate sway.

Singapore ranked 11th most expensive office market globally in Q1

But it trailed top Asian markets, Tokyo and Hong Kong.

URA releases two residential sites to boost housing supply

The sites can potentially yield about 1,425 residential units.

NetLink FY26 profit falls 12.6% to $83.3m as costs rise

DPU rose to 5.42 cents despite higher expenses and lower EBITDA margins.

Residential leasing up 4% in Q1 as demand softens

Momentum slowed as underlying leasing appetite decreased.

CSE Global Q1 revenue rises 29.1% as order intake jumps 74.6%

Electrification led the growth as order book climbed to $716m as at end-March. 

Construction demand may reach $53b amidst rising costs

Construction costs are expected to rise 2% to 5% in 2026.

SIA net profit slumps 57% as Air India losses offset record operating gain

Operating profit rose 39% to $2.38b on stronger travel demand and yields.

First Resources Q1 profit soars 53.1% on higher output and sales

FFB and crude palm oil production rose 20% and 34.5%, respectively.

SGX securities turnover value climbs to $43.2b in April

Foreign exchange futures and commodities derivatives recorded continued trading growth.

Sasseur REIT’s Q1 portfolio sales hit record $261.7b

EMA rental income rose 5.7% in RMB terms, driven by double-digit outlet sales growth.