Singapores GIC has sought CCI approval to acquire a 2.14% stake in Groww, via its affiliate Viggo Investment. The deal, part of a larger funding round valuing Groww at $6.8 billion, will not affect ...
Sats to invest over $250m to upgrade operations, cargo handling infrastructure at Changi Airport
SINGAPORE - Singapore-listed ground handler and in-flight caterer Sats will be invest ing over $250 million to upgrade its ground operations and cargo handling infrastructure at Changi Airport.
MAS proposes key changes in IPO rules and processes to boost SGX’s appeal
SINGAPORE] The Monetary Authority of Singapore (MAS) is currently seeking feedback on proposed changes to simplify prospectus requirements and enhance investor outreach for initial public offerings ...
SGX RegCo proposes removing financial watchlist, avoiding public queries on listed firms
The moves aim to address concerns of regulatory friction that impedes price discovery and market efficiency. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore announces proposals to ease listing requirements
Singapore's central bank on Thursday announced new proposals to make it easier for companies to list on its stock market, part of a rejuvenation effort to attract high-growth companies.
Singapore Airlines posts record annual profit even as competition bites
Singapore Airlines reported a record annual net profit on Thursday, largely buoyed by a one-off gain recognized from the merger of Air India and Vistara, even as heightened competition pressured ...
Singapore Air Profit, Revenue Rise as Earnings Beats Estimates
Singapore Airlines Ltd.’s full-year profit beat estimates and revenue rose to a record as strong travel demand countered intensifying pressure from competitors and geopolitical headwinds.
SDP presses PM Wong for answers on ministers’ Su Haijin photo controversy; Long A&E wait times hit hospitals: Singapore live news
CGH, SKH, and TTSH report long A&E waits. GP 2025 unveils a star-studded concert lineup with Foo Fighters and more. Plus some of the biggest and fascinating news in and beyond.
US-China tariff pause may help trade-reliant Singapore avoid a recession, say experts
One analyst said Singapore’s exports and overall growth may improve if US and China markets experience moderate demand from this temporary cut in reciprocal tariffs.
Singapore Airlines Posts Another Record Annual Profit, But Flags Trade Risks
Singapore Airlines’ annual profit climbed to a new high, though it flagged that tariffs and trade uncertainty cloud the outlook for the airline industry. The city-state’s flag carrier said Thursday ...
Singapore shares gain as investors take stock of earnings reports; STI increases 0.5%
Across the broader market, losers beat gainers 283 to 238. Read more at straitstimes.com. Read more at straitstimes.com.
Singtel upgrades its users to faster, better connected 5G+ network for free
Singapore's largest telco offers wider coverage and speed as competition dials up Read more at straitstimes.com. Read more at straitstimes.com.
Frasers Hospitality Trust’s stapled securities open 1.5% higher after privatisation proposal
SINGAPORE] Stapled security prices of Frasers Hospitality Trust (FHT) opened 1.5 per cent higher at S$0.695, a day after Frasers Property proposed to privatise the trust at S$0.71 per stapled security ... ( read original story ...)
South-east Asia e-commerce sales projected to more than double by 2030: DBS report
Total e-commerce sales is expected to grow from US$184 billion (S$239 billion) in 2024 to US$410 billion by 2030. Read more at straitstimes.com. Read more at straitstimes.com.
Asia’s refined fuel imports drop, but margins still hold: Russell
Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region ...
Singapore biotech start-up Mirxes launches IPO in Hong Kong to raise $181 million
Trading in the shares is expected to start on May 23. Read more at straitstimes.com. Read more at straitstimes.com.