Staff Reporter
STB renews Ant International partnership as Alipay+ transactions jump 36%
The partnership targets marketing and mobile payment growth.
Top 1% of households hold 14% of nation’s wealth, Minister Siow says
The level is comparable to advanced economies with similar wealth Gini coefficients.
Two Pagoda Street shophouses for sale at $32.5m
Fully tenanted Chinatown shophouses listed at $3,547 per sq ft.
Deliveroo exits Singapore market after 11 years
Its platform will remain live until 4 March 2026.
Seatrium FY2025 net profit up 106% as oil and offshore wind revenue lifts
Gross profit rose to $848m, whilst gross margin improved to 7.4% from 3.1%.
Food Empire profit slumps 32% in FY 2025
Net profit rose 37% in FY2025 on record revenue and 45% jump in normalised EBITDA.
Morrison Lane bid may hit S$1,500 psf ppr
Analysts split on tender trigger odds.
Holland Plain tender may top S$1,500 psf ppr
Analysts see two to five bids.
Hitachi, SIT to build hybrid AC/DC power testbed for data centres
Rack-level trial to run on SIT microgrid at Punggol campus.
Digital Realty to test 150kW AI cabinets in Singapore lab
Innovation lab targets AI, hybrid cloud pilots.
Condo resale prices rise 0.5% in January
CCR up 4.0% as resale volumes slip to 853 units.
Fee income cushions banks amidst NIM squeeze
Singapore’s top banks saw NIMs dip 12 to 29 basis points YoY.
AI skillsets ranked No. 1 hardest to find
Seven in 10 employers said hiring skilled workers has become a struggle.
Daily Markets Briefing: STI down 0.26%; Top stock is DFI Retail
DFIRG USD is the top stock with a 3.87% increase.
Singaporean savings slump 5.1% as consumption outpaces pay
Households hit a 36.4% personal saving rate despite the overall quarterly contraction.
MUFG and Singlife seal landmark $550m insurance financing deal
It ranks amongst Singapore’s largest insurance financings.
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