News
Thakral commits $6.3m to Riverwalk Fund II in India
Thakral commits $6.3m to Riverwalk Fund II in India
PIPL will subscribe ₹420m for Class B units in Riverwalk Fund II, an Indian-domiciled, SEBI-registered Category II Alternative Investment Fund (AIF).
Singapore attracts 88% of Southeast Asia’s fintech funding
This is a 31% increase from the $593m raised in H2 2024.
Daily Markets Briefing: STI up 0.4%; Top stock is ST Engineering
ST Engineering is the top stock with a 4.99% increase.
ShopBack secures MPI licence in Singapore for payment product
ShopBack Pay is now authorized to provide payment services in the country.
SMFG to establish agentic AI firm in Singapore
Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.
Revolut partners with Ant Int’l to enable transfers to China via Alipay
It has a tiered fee system.
Grab launches driverless shuttle pilot with A2Z in one-north
The route spans 3.9 kilometres and has been tested for over 100 hours.
NTT DC REIT to raise $987.93m in Singapore IPO
It's set to be the biggest the SGX’s biggest REIT initial public offering.
Singapore to close six golf courses
Some will be used for housing or allocated to public use.
LTA begins construction on Cross Island Line Phase 2
It is set to be completed by 2032.
CCCS grants conditional approval to Singapore Airlines and Malaysia Airlines cooperation
Airlines committed to maintain seat capacity and report data.
SG launches new measures to strengthen AI, data protection
The Global AI Assurance Sandbox will help organisations test AI systems safely.
RHB lifts SGX target to $16
The updated valuation is based on FY26 earnings and a higher price-to-earnings multiple of 23.5 times.
Gov't teams up with NTUC and Grab to address gig worker issues
As part of the trilateral group, Grab will work with stakeholders to develop and share effective practices aimed at better protecting workers.
Singapore’s CDL joins world’s top 100 sustainable companies
Top-ranked companies this year included Schneider Electric (France), Telefónica (Spain), and Brambles (Australia).
Southern Alliance Mining denies managing director’s link to Sabah mining scandal
It has issued a letter of demand over defamatory claims.
MOH to test 18 traditional Chinese medicine treatments in public hospitals
The trial will run for one to two years.
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Commentary
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