News
Singapore maintains biomed strength with 60+ plants despite closures
Singapore maintains biomed strength with 60+ plants despite closures
Sector drew $4.4b in 2025 investments, supporting jobs and continued manufacturing expansion.
MAS moves to align SGX rules for overseas dual listings
The framework will allow firms to use one prospectus for SGX-Nasdaq dual listings.
OCBC Q1 profit rises 5% to $1.97b on fee gains
Net interest income fell, but wealth-led gains and higher fees lifted total income.
AI-driven layoffs could erode firms’ competitive edge: Jasmine Lau
Authorities are reviewing support gaps in the workforce support.
Thailand hit weighs on Frasers property; H1 profit down 38%
Higher development contributions lifted PBIT despite weakness in reported earnings.
Amazon.sg to phase out local fulfilment as it expands international store
The shift will give Singapore customers access to more products from Amazon’s US, Japan, and Germany stores.
Rex International appoints Mike Hopkinson as COO
Hopkinson replaces retiring COO Svein Kjellesvik and will support Rex’s operations.
Sun Life reported income falls 49.9% to $340m in Q1 2026
Underlying earnings per share stood at C$1.9 in the quarter.
Daily Markets Briefing: STI up 0.3%; Top stock is Hongkong Land
Hongkong Land is the top stock with a 9.16% increase.
AI transition must avoid worker‑business clash, Minister Tan says
Only 6% of AI adopting firms reported workforce reductions in MOM survey.
Singapore rated strong on AML controls in FATF review
FATF places SG on regular follow-up, citing robust AML/CFT framework.
AIMS APAC REIT FY2026 NPI climbs 5.7%, DPU up to 9.850 cents
Income growth was supported by rental reversions and stable occupancy.
StarHub Q1 profit plunges 81% to $5.9m on weaker consumer revenue
Revenue, EBITDA and cash flow declined even as enterprise and cybersecurity offset losses.
Vin’s Holdings settles $44,300 irregular transactions tied to ex-GFC tenure
The company settles irregular payments linked to former finance chief with instalment plan.
Category B COE closes at $126,236 amidst tight May bidding
The category recorded 1,332 bids against the 883 COE quota.
UOB’s Q1 earnings slip to $1.4b on weaker interest income
Fees and trading supported results as margin pressure and rates constrain earnings.
SATS deepens China footprint with 90% stake in NWA
The deal gives SATS majority control of the China-based aviation food producer.
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Commentary
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?
Do Singapore workplaces mistake silence for leadership?
AI as the new competitive advantage for Singapore’s small retailers