Markets

Grand Banks Yachts net profit plunges 61% in H1 FY2026

Its gross profit was dragged by the higher proportion of lower-margin trade-in/pre-owned boats and less favourable foreign exchange.

STI retreats below 5,000 despite $4b Budget 2026 market boost

Prime Minister Lawrence Wong allocated $1.5 b to the Anchor Fund and $1 b to startups for SGX listings.

Daily Markets Briefing: STI up 0.65%; Top stock is Wilmar Intl

Wilmar Intl is the top stock with a 2.57% increase.

Daily Markets Briefing: STI up 0.41%; Top stock is SGX

SGX is the top stock with a 4.95% increase.

FSL Trust posts $8.7m full-year profit, ends 2025 debt-free

Its net profit for the second half stood at $6.5m.

ValueMax issues 584,000 shares on warrant exercise at $0.36

Total issued shares increased to 941.79 million.

Global expansion tops SME agenda amidst market volatility, DBS finds

The drive is led by information and communications and manufacturing firms.

AcroMeta unit receives undertaking linked to potential Indonesian nickel entry

The proposed transaction aligns with its strategy to participate in the nickel value chain.

AcroMeta enters $1.4m binding deal to sell engineering subsidiary

The sale is subject to a minimum adjusted net asset value and shareholder approval.

SID names Emily Poon as new CEO

She will assume the post starting 1 March.

GS Holdings expands into beverage distribution amidst Octopus (APAC) Holdings rebranding

The move better reflects its current business profile and activities.

Singapore equity market positioned defensively amid Asia volatility

Lower interest rates and strong labour market conditions are benefiting interest-rate-sensitive sectors.