News

CDL to invest $5b and divest $6b under 3-year roadmap

CDL plans to divest $1.8b of hotel assets through FY2029.

Igloo’s net loss narrows 60.4% in 2025

It attributed it to its embedded insurance business and AI-native infrastructure.

Daily Markets Briefing: STI up 0.31%; Top stock is UOB

United Overseas Bank is the top stock with a 1.69% increase.

SG Semiconductor launched amidst global chip push

It covers seven tech areas from advanced packaging to integrated circuit design.

Centurion expands Hong Kong presence with $59.4m building acquisition

The asset contains 42 apartments and nine commercial units.

Income Insurance names Khoo Kah Siang as CEO

He brings more than 30 years in financial services and succeeds Andrew Yeo.

HDB to deploy smart hoists at half of BTO sites from 2027

Each unit carries 2D LiDAR and anti-pinch door sensors for automated operation.

SERT plans management internalisation for 5.9% pro forma FY2025 DPS uplift

The transaction is expected to create a platform with $4.7b (€3.2b) in assets under management.

Great Eastern appoints Adeline Sum as Independent Director

Sum holds no shareholding interest in GEH or its subsidiaries.

SingHealth Duke-NUS launches $6m platform to advance disease research

It aims to identify targets for lab-developed diagnostic tests.

SIMBA data breach exposes 23,549 customer records

The company said no credit card or bank account information is at risk.

InnoTek secures $30m SGX grant to fund investor outreach

The grant covers 50% co-funding of approved professional advisory costs.

Sea freight tops services price rises as costs climb

By segment, liquid bulk and gas freight surged 51.6% YoY.

CDL bets $5b on growth, offloads $6b in assets

It aims for a dividend payout ratio of at least 35% of PATMI.

Daily Markets Briefing: STI up 0.49%; Top stock is OCBC Bank

OCBC Bank is the top stock with a 1.33% increase.

Monday Wrap: Young realtors, Canon's new base, MAS eyes tightening

Real estate rising stars and a corporate relocation offset a shifting retail and monetary outlook as cross-border competition and inflation reshape the domestic picture.