News

Small car COE premium rises to $133,000 in September bidding

It recorded 1,152 successful bids out of 1,708 received.

Ong family offers $0.17 per share to privatise OTS Holdings

The offer price is 27.8% above the one-month VWAP as of 7 September.

Sembcorp ends $105m Puente AI Sol deal in Philippines

The group cited market conditions and shifting priorities. 

DBS rejects S$1.3b 1MDB-linked claim and vows to ‘vigorously resist’

DBS said that it sees no provisions needed at this point in time.

Daily Markets Briefing: STI down 0.66%; Top stock is DFI Retail

DFI Retail is the top stock with a 1.66% increase.

Singapore AUM rises $6.7t despite China tax changes

Key banks report limited impact so far as clients assess China’s new tax measures.

Cinnabon announces Singapore exit

It will close its last store in ION Orchard.

Singapore eyes ASEAN-US digital link to ease cross-border trade

AI will be another priority, said Deputy Prime Minister Gan.

Family offices channel over $30m overseas under philanthropy tax scheme

There are currently eight approved recipients of tax incentives under the PTIS.

Singapore Wi-Fi 7 usage outpaces other ASEAN destinations: Ookla

The city-state’s fixed broadband download speeds also reached 447.75 Mbps. 

TÜV SÜD invests $30m in Singapore decarbonisation centre

Centre will develop digital carbon verification capabilities.

Mapletree Logistics Trust to sell Australian asset for $25.2m

The property is being sold at 3.7% above its latest valuation. 

Singapore growth leans heavily on electronics boom

The global AI investment cycle is strengthening exports, but businesses outside technology face pressure to improve productivity and diversify.

Visa unveils Singapore security roadmap as 42% encounter scams

Fraudsters are increasingly harnessing AI, automation, and social engineering techniques.

Centurion to buy 7,974-bed Johor worker housing asset for $67.2m

The deal will lift the group’s Malaysian bed capacity by 22%. 

Finmo lifts office capacity by 50% with new Suntec City HQ

The hub will support hiring across product, AI, and strategy.