News

Frencken to raise $100m for expansion, acquisitions via share placement

The company will issue 44.1 million new shares at approximately $2.27 each. 

Two Seatrium oil units to lift Petrobras’ Búzios capacity by 34%

Each vessel is designed to produce 225,000 barrels of oil per day.

Singapore needs hard-to-replicate edge in global supply chains: DPM Gan

Reliability and security are reshaping trade and investment flows, he says. 

HDB issues $700m of 15-year fixed-rate notes

The Aaa-rated notes carry a 2.839% annual coupon and will mature in August 2041.

LHN industrial-space occupancy reaches 97.7% in Q3

The group expanded its facilities-management, carpark and energy portfolios.

Lum Chang Creations net profit jumps 72% in FY 2026

Higher-margin projects lifted profitability despite an 11% decline in FY2026 revenue.

Daily Markets Briefing: STI down 0.65%; Top stock is Venture Manufacturing

Venture Manufacturing is the top stock with a 1.67% increase.

Manulife eyes affluent market with two whole life insurance plans

Both offerings are denominated in US dollars and provide guaranteed death benefits.

Over half of Singaporeans lack financial readiness

Only 21% have held detailed family discussions on future care finances and legacy planning.

Singapore firms rethink hiring as AI reshapes productivity

Companies are recalibrating workforce plans as sector divergence, investment uncertainty, and uneven AI integration reshape hiring decisions.

Thomson Medical cuts H2 loss by 43.9%

Other operating expenses dropped 48.7% to $61.3m.

Guangdong trade hits $19.16b in H1

SG also entered into 22 projects with the Chinese province.

Foreigners gain access to Singlife health plans in Singapore

Singlife Shield Plan 1 has a policy year limit of up to S$2m (US$1.57m).

Singapore tops global e-commerce app install growth at 67% in H1

Shopping app sessions climb 58%, second only to Indonesia.

Southeast Asia's EV startups raise $790m, with Singapore taking lion’s share

Eight companies from the city-state raised $491.49m across the 16-startup cohort.