News

Monday Wrap: MAS proposes Captive Access, DBS sees up to $2.1b from RTS, and Singtel leads a $23b divestment ppeline

Marsh estimates 50 to 90 cells within five years as Keppel and UOL add to the divestment wave.

ESR exceeds $2.56b refinancing target

Facility combines multiple loans into a five-year funding structure.

Centurion Accommodation REIT NPI posts $78.4m net property income

Higher rental rates, bed sales, and expanded capacity lifted revenues.

Singapore tops APAC property investment performance in H1 2026

CBRE says investors are targeting markets with income opportunities and rental growth.

MyRepublic migrates entire 4G subscriber base to StarHub

The move expands on a 2022 5G mobile virtual network operator partnership.

Two Changi Business Park assets acquired in StanChart deal

Hulic, RISA, EZA Hill, and TRI buy the portfolio, with the bank staying as tenant. 

UOB Group Q2 net profit rises 10% to $1.5b despite margin pressure

Net interest income eased 2% YoY in a lower interest rate environment. 

SGX Group net profit rises 7.8% to $698m in FY2026

Cash equities net revenue climbs 28.1% as 21 new listings raise $4.1b.

All-Link Air & Sea IPO draws nearly 5 times demand on SGX debut

The IPO raised gross proceeds of approximately $20.1m.

Concord New Energy output slides 9.24% in July

Wind and solar generation both declined from year-earlier levels.

Yangzijiang Shipbuilding H1 net profit jumps 28% to $1b

Gross margin widened to 36.2% as revenue grew 36.2% to $3.33b (RMB17.53b).

Nearly 70% of Singapore finance leaders struggle to scale AI

Another 64% pointed to fragmented or inconsistent data across systems.

Manulife’s Asia business sees profit soar 28% in Q2 2026

Annualised premium equivalent volume advanced 21% to $1.50b.

Daily Markets Briefing: STI up 1.03%; Top stock is DFI Retail

DFI Retail is the top stock with a 3.71% increase.