Singapore
CICT completes acquisition of 50% stake in ION Orchard
CICT completes acquisition of 50% stake in ION Orchard
It acquired the shares from CapitaLand Investment Limited.
CICT issues $200M green notes with a fixed rate of 3.300%
The notes are due 30 April 2035.
Singapore unveils national anti-money laundering strategy
It will centre on prevention, detection, and enforcement.
Wilmar's core net profit drops 35.7% YoY in Q3 amidst China weakness
It recorded a core net profit of US$208.1m.
ESR-LOGOS REIT’s NPI falls 6.5% YoY in Q3 due to divestments
It divested 11 non-core assets.
SAM Holdings widens net loss in FY24 on higher finance costs
Loss per share was at $0.0480.
CSC Holdings expects a turnaround in 1H 2025 after $3.7m loss
It will release its unaudited financial results on 15 November.
Crypto platform Gemini clinches in-principle approval in Singapore
Gemini is one step closer to getting a major payment institution license.
OCBC demonstrates intraday institutional lending capabilities
It made use of reverse repos on J.P. Morgan’s Digitial Financing app.
Nearly 8 in 10 employers do not support fully remote work arrangements
76% offer hybrid work.
Singapore extends depository receipts to 5 Hong Kong firms
This allows Singaporean investors new investment options in Hong Kong.
COTD: Non-landed homes drive residential mortgagee listings in Q3
All 19 listings were non-landed homes.
4-room HDB resale flats narrow price gap with 5-room units to record low
The price gap now stands at 15%.
Singapore labour market to remain tight in 2025
Manufacturing and services sector to lead labour demand.
Daily Markets Briefing: STI down 0.88%; Top stock is DBS
DBS is the top stock with down 1.603%.
Aztech Global's net profit drops 55.7% in Q3
Blame it on higher depreciation and net foreign exchange loss.
Tender for Plot A Tuas Bay Drive site opens
The tender will close on 24 December at 11 am.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia