News

Manufacturing momentum eases in March but PMI still signals expansion

SIPMM notes positive outlook despite slower expansion and geopolitical uncertainties, led by electronics sector demand.

No energy curbs in Singapore despite global moves: Shanmugam

The Homefront Crisis Ministerial Committee is now coordinating the national response.

Olam Group sells Mindsprint for $483.8m amidst restructuring push

Wipro will provide eight-year digital and AI-led transformation services to Olam Group.

FoodXervices to wind down by end-April after 92 years of business

The company cited the loss of its headquarters as a key factor in its decision.

Investment banking fees hit three-year high in Q1 as M&A value surges

LSEG data showed fees rose 8.2% to $240.9m, whilst deal values jumped to a record $66.6b despite lower volumes.

Gov’t convenes crisis committee as Middle East conflict hits energy flows

Immediate efforts are focused on strengthening energy and supply chain resilience.

Daily Markets Briefing: STI down 0.57%; Top stock is DFI Retail

DFI Retail is the top stock with a 1.40% increase.

AcroMeta enters AI trade with new joint venture

AI-driven workflows will integrate logistics, payments, and customs into one digital platform.

SPEED programme to fuel decarbonisation with $250m

Funding will prioritise the power and industry sectors, helping the biggest energy users pivot to sustainable operations.

Western Union completes acquisition of Singtel’s Dash

This marks Western Union’s very first digital wallet acquisition in the Asia-Pacific region.

STI jumps 5.1% in Q1 as dividends lift total return to 5.6%

Amidst global market swings, the STI’s "income-defensive" nature proved to be its greatest asset.

FairPrice rolls out SG’s first supplier AV route

The route links FPG’s distribution centre with Pokka’s Benoi warehouse.

SGTech launches AI-Ready initiative for SMEs

The initiative aims to simplify AI adoption for local firms.

SG well-being improves but trails global gains

New data from Intellect shows Singapore is managing stress better (+10.4%), but well-being gains remain modest.

Yangzijiang Maritime: No HK listing plans at present

The company stated it remains "firmly committed to its listing on the SGX."

Wireless and mobile charging join new EV standard

The new standard also covers battery swapping for heavy vehicles.