News
ST Engineering books $667m impairment on iDirect Group
ST Engineering books $667m impairment on iDirect Group
iDirect group's year-on-year revenue and EBITDA declined by 9% and 22% respectively.
ComfortDelGro profit rise 10.5% YoY in 9M 2025
The group also reported a total revenue of $3.7b during the period.
Singapore to trial tokenised MAS Bills using central bank digital currency
The move follows the first live interbank settlement using wholesale digital currency.
Financial leaders reject ‘Global South’ label over tech boom reality
Financial distress is not an emerging market-only problem.
DBS, Ant International deepen ties to enhance cross-border payments
DBS PayLah! users will soon be able to make payments at Alipay+ merchants.
Ant International's Antom unveils app to link POS, banking and lending for MSMEs
The app will first launch in Singapore.
Golden Agri-Resources net profit up 29% YoY in 9M
Revenue for the period also rose by 21% YoY to $12.41b.
JB Foods revenue soars 57.7% YoY in H1 2026
This was due to higher average selling prices of the group’s cocoa ingredient products.
OKP subsidiary secures $22.6m infrastructure contract at CleanTech Loop
The project is expected to be completed in August 2027.
HBL subsidiaries acquire Australian residential sites for $82.5m
The projects are expected to yield around 1,079 residential lots.
Seatrium net order reaches $16.6b in 9M
The group completed two projects in the third quarter.
Sea Limited's net income more than doubles to $488.5m in Q3
Revenue also soared by 39.8% YoY to $7.82b.
Perennial launches sale of 752,014 sq ft Caldecott site for $350m
Perennial is divesting the asset as part of its strategic pivot toward healthcare-focused investments.
Singapore corporates resume workplace investment amid hybrid shift
55% of local organisations still mandate office attendance to some degree.
Singapore retail vacancy dips to 6.9% in Q3
About 540,000 sq ft of new retail space is estimated to enter the market in 2025, down from 679,000 sq ft in 2024.
SG’s digital lending to reach $39b in 2025
Meanwhile, Digital Wealth (AUM) is projected to rise 22% to $44b.
Daily Markets Briefing: STI up 0.59%; Top stock is Jardine Matheson Holdings Limited
Jardine Matheson Holdings Limited is the top stock with a 4.07% increase.
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