News
Daily Markets Briefing: STI down 1.89%; Top stock is Wilmar International
Daily Markets Briefing: STI down 1.89%; Top stock is Wilmar International
Wilmar International is the top stock with a 1.15% increase.
Seatrium wins eighth Karpowership FSRU conversion contract
The project starts in the third quarter of 2026.
UI Boustead REIT targets 7.4% FY 2026 yield
Singapore makes up 71% of the portfolio.
PSA throughput hits record 105m TEUs in 2025
The volume rises 8.7% as revenue climbs.
DBS pre-tax profit hits $13.1b as CEO pay $9.6m
Net interest income reached a record $14.5b
River Modern sells 90% at launch, tops 2026 market
Three-bedroom units drove the launch success.
Frasers Property names Tony Lombardo as new Group COO
He will oversee capital strategy and deployment.
OKP bags $87.3m LTA contract for Jurong Region Line works
The contract spans 60 months.
STI falls 2.7% to 4,717.20 as global oil prices surge
The index remains below its 52-week high of 5,041.33.
MAS reviews CG Code to emphasise boards’ role in market valuations
The review will consider improvements in board effectiveness and risk management.
SIA and Scoot cancel Middle East flights on continued Gulf tensions
Passengers may choose to rebook on alternative flights or claim a full refund.
AJJ Medtech hits $8m order book with $3m green supply deal
The four-year contract for biodegradable consumables will cut 600 tonnes of carbon annually.
Ministry of Law sets GenAI guidelines for legal sector
The framework applies to lawyers, students, and tech developers.
Michael Kum emerges as substantial shareholder in Marco Polo Marine with 5.77% stake
Halom Investments bought 60 million shares from Penguin, raising Kum’s holding to 225 million.
Singapore women in finance show stronger entrepreneurial aspirations, up to 42%
Generation Z and Millennials lead rise in entrepreneurial ambitions.
SGD gains 1.3% annually against MYR from 2020 to 2025, says Alvin Tan
He confirms the currency has been steadily rising since 2021.
Singapore shippers face policy cancellations as Iran conflict escalate
Hull and Machinery coverage faces cancellations with reinstatements costing more.
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