News

DBS’ net profit up 1% to S$2.93b in Q1 on record total income

Wealth management growth drove up fee income and treasury customer sales to new highs.

Supply prices rise 21.6% YoY in March on oil-driven gains

Meanwhile, the SMPPI rose 20.3%, led by a 54.3% increase in the oil index.

Sheng Siong delivers double‑digit Q1 net profit growth from store expansion

Gross margin improves whilst costs rise as Singapore same-store sales gain offsets weaker China contribution.

Changi to tender major Terminal 3 upgrade in H2

Digital and robotics pilots will be tested for deployment at T5.

CDL Hospitality Trusts Q1 NPI climbs 10.4% on strong SG and Europe performance

Singapore hotels led gains as Japan and Maldives weigh on regional performance.

Singapore retail growth masks uneven sector performance

Tourism and e-commerce gains contrast with weaker mass markets.

Gold bar demand hits record 3.5 tonnes

Asian investors drove Q1 gold buying.

Daily Markets Briefing: STI down 0.55%; Top stock is UOL Group Limited

UOL Group Limited is the top stock with a 1.41% increase.

Mapletree Industrial Trust full-year DPU falls 6.3%

Revenue declined after portfolio divestments.

Hong Leong Asia plans $145m share placement

Most proceeds will support corporate activities.

Seatrium raises $400m in debut bond issue, demand 1.7 times covered

This will be used for refinancing, capital spending and working capital under $3b programme.

Singapore sees $197b FDI inflow in 2025

The largest contributors were the US, the Netherlands, Ireland, Mainland China, and the UK.

Singapore ranks 6th globally, tops APAC for A&E talent: Savills

However, firms are urged to be more deliberate in office space use amidst rising costs.

MPA renews SMU tie-up as maritime talent race intensifies

Maritime training links expand as Singapore and China align on digital and green shipping capabilities.

MAS gives nod to BlackRock ASEAN equity strategy under EQDP

It will invest across ASEAN, with around half allocated to Singapore equities and SME exposure focus.