News
SG-linked Singamas chief tied to US price-fixing shipping case
SG-linked Singamas chief tied to US price-fixing shipping case
The alleged cartel fueled Singamas’ swing to a $239m (US$186.8m) profit in 2021.
Singapore maintains top aviation safety as APAC risks rise
Regional accident rate doubled whilst Singapore reported no major accidents in 2025.
Grab takes control of Indonesia’s Superbank via GXS transfer
The transfer will increase the group’s stake in the bank to over 50%.
CDL sales slump in Q1 without big launch
Revenue dropped to $609.6m as Newport Residences replaced larger 2025 projects.
Former broker jailed, finance executive fined in MAS trading cases
One received a 10-week jail term, whilst the other was fined $200,000.
Singlife's heritage income plan locks payouts up to 150 years
It blends retirement income with inheritance planning mechanics.
A*STAR expands fusion research collaboration with CFS
athey will focus on ARC plant development and advanced materials.
Singtel weighs minority Optus stake sale as H2 net profit drops 21%
Local Singapore consumer revenue drops 3% amidst intensifying price competition.
Domestic wholesale sales fall 6.9% in Q1
Foreign wholesale sales rose 3.6%, supported by demand for computer hardware and electronic chips.
AECOM-led JV appointed for Singapore waste facility Phase 2
The Integrated Waste Management Facility will process up to 2,900 tonnes of waste per day.
Gardenia Singapore to cut 141 jobs as production moves to Malaysia
The company will cease production at its Pandan Loop facility on 30 June.
Climate transition plans lack depth despite net-zero pledges: EY
Inaction on climate risks could cost businesses up to 15% of annual revenue.
AIA Singapore turns 95, launches new illness plan
The new plan was introduced as part of the insurer’s 95th anniversary.
Daily Markets Briefing: STI down 0.54%; Top stock is Wilmar International
Wilmar International is the top stock with a 2.19% increase.
MAS revokes BSQ payment licence over false disclosures and risk failures
BSQ provided false or misleading in material particulars, MAS said.
GXS Bank and Lion Global launch exclusive multi-asset fund
The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.
Gardenia to shift bakery production to Malaysia, 141 employees to be retrenched
NTUC-affiliated union says affected workers will receive career and training support.
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