Singapore

ETF knowledge gap holds back 40.2% of non-investors

Current ETF investors favour self-directed channels at 87% adoption.

Singapore wage council names new chairman

The ministry added that it had accepted Seah’s request to relinquish his appointment.

VP Bank Singapore names Vincent Koo as chief risk officer

Koo will be responsible for the Singapore branch’s risk, control, and operational functions.

Three Bukit Timah retail units hit market for $18.5m

The units are available individually or as a portfolio.

Ever Glory United files draft prospectus for Hong Kong dual listing

The announcement does not yet constitute an offer or invitation to purchase or subscribe for securities.

Medi Lifestyle to raise $8.8m via share placement

The placement shares will represent 23.95% of issued capital after completion.

Singapore ranks fourth in Asia’s top workcation cities

The city-state was recognised for its connectivity and digital infrastructure.

Keppel REIT sells Tokyo office for $91m, exits asset

The sale price was 28.4% above its 2022 purchase price.

MPA eyes 2027 release of maritime master plan

AI and maritime innovation are key priorities under the plan.

COSCO Shipping liquidates dormant Malaysian unit

This followed the voluntary winding-up announcement made in April.

Only 16% of Singapore’s wealthy have integrated wealth plans

More than half expect careers beyond conventional exit age.

Daily Markets Briefing: STI down 1.16%; Top stock is Sembcorp Industries

Sembcorp Industries is the top stock with a 1.84% increase.