Staff Reporter
ST Engineering unit bags $600m naval deal
ST Engineering unit bags $600m naval deal
The deal covers the design and platform supply for eight Missile Gun Boats.
Microsoft commits $7.095b to Singapore’s AI push
The funds will build out critical cloud and AI infrastructure through 2029.
Boustead wins over $100m Tukang industrial contract
Project lifts engineering backlog to $566m.
CapitaLand Ascendas REIT expands share base following 249 million private placement
The new units officially commenced trading 2 April, bringing CLAR's total unit count to over 4.86 billion.
First REIT proposes $471.5m Indonesia asset divestment
Deal includes a six-asset put option.
Grab and WeRide launch first public autonomous ride service
Punggol pilot offers free rides.
mm2 Asia placement deal with UOBKH lapses
Conditions were unmet by 31 March.
Jalan Buroh site launched under H1 2026 IGLS programme
The site is the first of six Confirmed List plots.
MOM and MND launch Lok Yang Way dormitory site
The site can yield 5,000 bedspaces.
MSCI Singapore Index collapses 4.17% on Middle East shock
It closed at 439.56 points after heavy institutional selling in financials.
Banks attract inflows as investors exit riskier Gulf markets
Wealth and deposit inflows from risk-averse investors may cushion weaker net interest income.
Daily Markets Briefing: STI up 1.85%; Top stock is Jardine Matheson
Jardine Matheson is the top stock with a 4.78% increase.
Insurance growth crippled by legacy tech despite 82% claiming leadership
Short-term operational panics actively kill long-term strategic planning for local carriers.
Portfolio investments hit $2.11t net asset position in Q4 2025
Singapore's international investment position showed a mix of net asset and net liability positions across categories.
HDB resale market rises QoQ but Q1 volume hits lowest since 2021
Resale activity rebounded after the festive period, analysts said.
IMDA warns X, TikTok over ‘serious weaknesses’ in content safety
Both platforms have also been placed under enhanced supervision.
Private home prices rise 0.3% as volume plunges
Whilst the overall market slowed, the Outside Central Region saw prices rise 1.3%
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