News
Affluent cardholders lead spending, travel activity after F1 race: Visa
Affluent cardholders lead spending, travel activity after F1 race: Visa
Affluent card users have 65% more shopping spend whilst 35% of travellers visited other places post-race weekend.
Stage One opens JTC LaunchPad @ One-North for tech startup collabs
It will host workshops, seminars, and business matching for local and international startups.
Sheng Siong Group earns $415.5m revenue in Q3 amidst store expansion
The firm opened 90 stores and saw a 4.4% YoY improvement in store sales during the quarter.
Changi Airport trials e-voucher assurance for travellers with delayed flights
They can get $10 e-vouchers through Changi App if their departing flight is delayed by three hours.
Singlife boosts insurance for MINDEF and MHA servicemen
The company has provided coverage for servicemen since 1983.
Yangzijiang Financial names new CEO, CFO
Peng headed the investment department of Yangzijiang Shipbuilding and is set to replace Liu Hua.
Yangzijiang Maritime to debut on SGX after $5.2m placement
Spin-off from Yangzijiang Financial valued at about $2b at listing.
MAS proposes shifting IPO prospectus reviews to SGX RegCo
The move aims to streamline the listing process and enhance regulatory coordination.
MAS, police tighten coordination for Prince Holding Group probe
MAS said FIs have filed early alerts and shut suspect accounts, limiting fund exposure.
Five startups from Singapore, Malaysia amongst Breakthrough Energy fellows
The programme backs early-stage firms developing climate tech solutions.
Gran Tierra Energy reports $23m net profit in Q3
This was linked to lower costs and stable production.
Fu Yu terminates Group CEO for misconduct
An interim team was formed to manage operations.
Singapore advances digital trade agenda with new APEC centre
Fu highlighted the need to embrace technology and globalisation.
Singapore and Sweden deepen cooperation on regional power grid links
They also plan to deepen cooperation on nuclear technologies and safety.
Singapore’s unemployment rate at 2.0% in Q3 2025
44.1% of firms indicated plans to hire in the fourth quarter.
Denodo teams with ST Engineering to boost data-driven services
Denodo will focus on integrating data management and DSAI capabilities.
Daily Markets Briefing: STI down 0.2%; Top stock is Keppel
The Straits Times Index (STI) closed at 4,428.62, down 0.2%, on Friday, 31 October, at 5:21 p.m.
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