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News
SGX daily securities trading value jumps 35% to $2.2b in August
3+ day, 16+ hour ago (244+ words) Total securities market turnover rose 29% to $43.3b. The securities daily average value (SDAV) on the Singapore Exchange climbed 35% year on year (YoY) to $2.2b in August on the back of strong interest from institutional and retail investors. The SDAV was also 8% higher…...
Singapore leads Southeast Asia with 25 firms on workplace list
3+ day, 21+ hour ago (321+ words) Ten entrants were new to the regional ranking, whilst technology remained the country’s most represented industry. Singapore placed 25 companies on Great Place to Work’s 2026 Best Workplaces in Asia list, the highest number among Southeast Asian markets. The city-state ranked fifth…...
Small car COE premium rises to $133,000 in September bidding
4+ day, 16+ hour ago (185+ words) It recorded 1,152 successful bids out of 1,708 received. The Category A Certificate of Entitlement (COE) premium reached $133,009 in the first bidding exercise for September, according to the Land Transport Authority. The category, which covers smaller and lower-powered cars, had a quota…...
DBS rejects S$1.3b 1MDB-linked claim and vows to ‘vigorously resist’
4+ day, 17+ hour ago (159+ words) DBS said that it sees no provisions needed at this point in time. DBS said that it “categorically rejects” an estimated $1.03b (S$1.298b) claim related to the 1Malaysia Development Board (1MDB). “DBS has consulted its legal advisers, and categorically rejects and will vigorously…...
Mapletree Logistics Trust to sell Australian asset for $25.2m
5+ day, 14+ hour ago (219+ words) The property is being sold at 3.7% above its latest valuation. Mapletree Logistics Trust (MLT) has agreed to sell a logistics property at 365 Fitzgerald Road, Derrimut, Victoria, Australia, for about $25.2m. The trust’s manager, Mapletree Logistics Trust Management, said the sale price…...
Singapore eyes ASEAN-US digital link to ease cross-border trade
5+ day, 13+ hour ago (200+ words) AI will be another priority, said Deputy Prime Minister Gan. Singapore is looking to explore linking the ASEAN Single Window with the US to make electronic trade document exchange easier, Deputy Prime Minister and Minister (Trade) Gan Kim Yong said....
Singapore growth leans heavily on electronics boom
5+ day, 14+ hour ago (270+ words) The global AI investment cycle is strengthening exports, but businesses outside technology face pressure to improve productivity and diversify. Singapore’s growth is becoming increasingly reliant on electronics as the global artificial intelligence investment boom drives demand across the city-state’s technology…...
Mapletree Logistics Trust prices first $94.2m offshore renminbi bond
5+ day, 16+ hour ago (128+ words) Three-year bond carries a 2.1% coupon, with proceeds partly used to refinance debt. Mapletree Logistics Trust (MLT) has priced its inaugural offshore renminbi bond issuance at $94.2m (CNY500m) under its $3b Euro Medium Term Securities Programme. The net proceeds will be used for general…...
Only 7% of ASEAN firms ready to scale AI agents: survey
5+ day, 18+ hour ago (238+ words) Only 7% of large enterprises across ASEAN are ready to scale agentic artificial intelligence, despite 87% already having AI agents in pilot programmes or production, according to a survey released by the American Chamber of Commerce in Singapore. The average AI-readiness score…...
SG stocks third-best weekly performer behind Indonesia, Vietnam: CGSI
6+ day, 14+ hour ago (145+ words) The SIMSCI closed at 545.25, up 22.31% year-to-date in local-currency terms. The MSCI Singapore Index (SIMSCI) rose 1.02% in the week ended 4 September, making Singapore the third-best performer amongst markets tracked by CGS International, behind Indonesia and Vietnam. The index closed at 545.25 and…...