Saudi Agricultural and Livestock Investment Company (Salic) has agreed to acquire a 44.58% stake in Olam Agri Holdings, the agricultural products unit of Singapore’s Olam Group, for $1.78bn. Post the ...
Singapore Inflation Slows, Core Measure Hits Lowest Level Since Mid-2021 — Update
The Monetary Authority of Singapore in January loosened its policy settings for the first time since early 2020. A continued slowing in core inflation may back the case for the central bank to further ...
OCBC raises target price after SIA posts ‘excellent’ quarter, but still retains a neutral outlook
We remain confident that SIA’s brand proposition, service quality and product innovation will allow it to navigate the transition from recovery to growth going forward,” OCBC's Lim writes.
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS, based in Singapore, has around 41,000 staff. Ms Tan Su Shan, currently DBS deputy CEO, will succeed Mr Gupta on March 28.
Singapore shares slide after MAS unveils stock market measures; STI down 0.1%
The Singapore Exchange (SGX) was the next-highest gainer on the STI. It rose 3.9 per cent or 50 cents to $13.30, buoyed by investors’ positive sentiment towards MAS’ initiatives.
Singapore January core inflation at 0.8% in smallest annual rise since 2021
Singapore's key consumer price gauge rose 0.8% in January from a year earlier, lower than economists' forecasts and the smallest rise in more than three years, official data showed on Monday. The core ...
Singapore’s Olam Sells Agribusiness Unit To Saudi Fund In Deal Valued At $4 Billion
Olam Group—backed Singaporean tycoon Sunny Verghese—is selling its remaining stake in its agribusiness unit to Saudi Agriculture and Livestock Investment Company in a deal valued at $4 billion.
Singapore announces tax rebates, $3.7 billion program to boost stock market
Singapore announced on Friday a set of measures to rejuvenate its equities market, including a 20% tax rebate for primary listings and a S$5 billion ($3.74 billion) program that focuses on investing ...
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by the Monetary Authority ...
DBS keeps ‘buy’ on Sembcorp, raises TP to $7.38 on CAGR improvement in coming years
The group’s management is committed to rewarding shareholders with dividends, paying out at least 20% of earnings as ordinary dividends plus special dividends.
Singapore inflation climbs at the slowest rate since February 2021
Singapore’s inflation climbed by its lowest rate since February 2021, increasing 1.2% year on year in January, down from 1.6% in December.
Singapore core inflation falls sharply in January to 0.8%, lowest since 2021
SINGAPORE: Singapore's core inflation extended its decline in January to a more than three-year low, on the back of a smaller increase in prices across broad categories except for private transport.
Singapore core inflation at 0.8% y/y, lower than forecast
Singapore's key consumer price gauge rose 0.8% in January from a year earlier, lower than economist forecasts, official data showed on Monday.
DeepSeek a ‘gamechanger’ and a ‘threat’ to high-end chips; AI beneficiaries continue re-rating: DBS
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to cost-efficient solutions like DeepSeek with cheaper chips, says DBS.
Singapore Exchange (SPXCF) Receives a Buy from DBS
In a report released today, Lim Rui Wen from DBS maintained a Buy rating on Singapore Exchange (SPXCF – Research Report), with a price target ...
The MAS Unleashes a S$5 Billion Programme to Boost the Stock Market: 4 Singapore Stocks That Will Benefit
The Equities Market Review Group has come up with a battery of suggestions for improving liquidity and attracting more capital to invest in the local bourse. The post The MAS Unleashes a S$5 Billion ...