News
Daily Markets Briefing: STI down 0.78%; Top stock is Sembcorp Industries
Daily Markets Briefing: STI down 0.78%; Top stock is Sembcorp Industries
Sembcorp Industries is the top stock with a 2.37% increase.
Springleaf Tower office floors on sale for $54m
The floors may be purchased individually or together.
MAS eyes cross-border use, interest payments in new stablecoin rules
Changes cover foreign token recognition, interest bans, and stress testing.
Top 10 SGX consumer stocks draw $327m inflows
The stocks averaged a 26.7% total return YTD.
MIT confirms divestment strategy, stays mum on US data centre talk
But there’s no certainty about any transaction yet.
Keppel doubles down on Tokyo with $1.5b data centre buy
The data centres are fully leased to four investment-grade internet enterprises.
GetGo cuts bug investigation time by up to 60% via unified monitoring
Mean time to detection and resolution also fell by 30% to 40% on average.
Commercial, residential, and industrial LBC rates rise from 1 September
Industrial properties recorded the largest average increase at 3.9%.
Two rare-tenure commercial assets hit market
The assets include a freehold shop at Nomu and a 999-year shophouse at North Canal Road.
SBF’s Mark Lee replaces Teo on Enterprise Singapore board
The change takes effect on 1 September.
SingLand to redevelop Marina Square with three new towers by 2031
Marina Square Shopping Mall will close on 31 March 2027 to facilitate construction.
Frasers Property buys Cuppage Terrace for $175m
The deal covers 17 conservation shophouses next to The Centrepoint.
UOB Private Bank hires Dominique Boer as ASEAN regional market head
Boer is tasked with leading the growth and strategic development of the ASEAN franchise.
MAS commits $220m to deepen fintech innovation
The three-year programme will support frontier tech, and financial infrastructure.
Daily Markets Briefing: STI up 0.97%; Top stock is DFI Retail
DFI Retail is the top stock with a 5.10% increase.
MAS and Bank Indonesia launch Rupiah-SGD settlement framework
DBS, OCBC and UOB are Singapore's appointed dealers under the framework, which follows a 2022 MOU.
Zig, Gojek expand tie-up to bring metered taxis to GoTaxi bookings
The move follows an existing arrangement under which selected GoCar requests are already fulfilled by Zig taxis.
Read Here
Advertise
Sign Up
![[Singapore Business Review] Report on the Asian Business Channel](https://www.cmgassets.com/s3fs-public/styles/video_thumbnail/public/2026-10/full-show-thumbnail_1.png.webp?VersionId=bJbrT_JKOuMWBnf7YkmsWjOSWIXddSvY&itok=zWuxHRNG)
Commentary
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
Singapore's next payments opportunity