News
Kimly’s net profit rises 10.6% to $16.4m in H1 FY2026
Kimly’s net profit rises 10.6% to $16.4m in H1 FY2026
Revenue inched up on stronger contributions from its outlet management and investment divisions.
Daily Markets Briefing: STI up 1.17%; Top stock is Wilmar International
Seatrium Limited is the top stock with a 5.38% increase.
Azure fund manager Terence Wong emerges as Trek 2000 substantial shareholder
He is acquiring a 7.3% stake in the company through a married deal at $0.12 per share.
Ransomware made up 58% of cyber incidents in 2025
The firm warned that AI-driven scams and nation-state activity could heighten risks in 2026.
Singapore SMEs still rely on cash despite card-heavy e-commerce market
About 33% of SMEs reported high cash usage, even as cards dominate online payments.
Singapore workers less confident over job security than APAC peers
Only 15% strongly believe their job is safe from elimination.
GIC and Sony Music Publishing acquire 45,000-song catalogue
Blackstone exits catalogue as Sony-GIC venture expands music rights exposure across global assets.
Life insurance payouts hit $5.08b in Q1
Health claims added another $712m, mainly from Integrated Shield Plans.
Genting Singapore Q1 profit halved as gaming revenue weakens
The segment's revenue dropped 8% to $403.4m.
Singapore and China broaden drug oversight deal to cover gene therapies
It alters regulatory pathway structure for emerging medical technologies.
OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia trade
OCBC aims to more than double flows by 2030.
MAS adds Ong Pang Thye to board amidst leadership reappointments
He will link private sector governance expertise with state financial oversight structure.
Industrial market splits as freehold prices rise, leasehold slips
Values climbed whilst deal flow weakened to lowest since 2020.
InCred bolsters Singapore platform with S Cube integration amidst GCC–India wealth push
This extends regulated investment reach across three financial hubs.
Singapore edges up to 47th in Global Business Complexity Index as compliance pressures persist
This placed it in the medium-to-low complexity band.
HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical
They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.
North Bridge Road commercial building up for sale at $70m
The six-storey property beside Raffles Hotel sits on a 999-year site and offers naming and signage rights.
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