6 hours ago
ST Engineering buoys Singapore stocks as war jitters rattle key Asian markets; STI up 0.5%
Jude Chan - Across the broader market, losers outnumber gainers 349 to 279, after 2.3 billion securities worth S$3 billion change hands
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
6 hours ago
Russia says damaged launch pad at Baikonur cosmodrome has been repaired
MOSCOW, March 3 : Russia's space agency said on Tuesday that repair work had been completed at a damaged section of a launch pad at the Baikonur cosmodrome in Kazakhstan that is critical to Moscow's space programme, Russian state media reported.The pad was badly damaged in November when a ...
7 hours ago
100 employers caught making false CPF contributions to boost foreign worker quotas from 2024 to 2025
Tessa Oh - Errant employers face fines of up to S$20,000 per fraudulent work pass application and a ban on hiring foreign workers
7 hours ago
GuocoLand, Intrepid Investments, TID consortium tops Lentor Central GLS bid with record $1,278 psf ppr
Gerine Tang Yi Qian - The eighth 99-year leasehold private housing parcel in the Lentor precinct drew five bids at its close on March 3. A record top bid for the area, at $1,278 psf per plot ratio (psf ppr), came from Mainboard-listed developer GuocoLand and consortium partners Intrepid Investments and TID Residential. I ...
7 hours ago
Singapore to uplift skilled trades with structured career ladders, starting with electricians
Skilled trades will remain essential in Singapore’s future economy, but the workforce is ageing, says Manpower Minister Tan See Leng.
7 hours ago
Budget 2026: New pilot to launch uplifting electrical trade with apprenticeships, career ladders
Tessa Oh - Lessons from the programme will be used to scale up efforts for other trades
7 hours ago
Analysis:Toyota's buyout deal is a bigger win for Elliott than for governance
TOKYO, March 3 : Toyota's decision to further sweeten its bid for group company Toyota Industries marks a win for activist fund Elliott Investment Management, which had pushed the automaker for months for a heftier bump up in price.But the increased offer is hardly a stunning victory for govern ...
7 hours ago
Infant carers, waiters, cabin crew among jobs opening to work permit holders from more countries
Teacher aides and F&B stall assistants are also among the roles that can be filled by work permit holders from more countries.
7 hours ago
Budget 2026: AI-focused One Pass to lure top tech talent; airlines can hire cabin crew from more countries
Low Youjin - One Pass (AI and Tech) applicants may qualify using a mix of cash and stock-based compensation
7 hours ago
Singapore to launch AI, tech visa track with S$30,000 income requirement
The new ONE Pass (AI and Tech) track will count employee stock options and share ownership as part of its monthly income prerequisite.
7 hours ago
Budget 2026: New CPF life-cycle investment scheme likely to appoint only two to three fund managers to keep fees low
Low Youjin - Simplicity and cost are two important aspects of the voluntary scheme, says MOM
8 hours ago
Budget 2026: Merged statutory board Workforce and Skills Singapore to be formed in Q3
Elysia Tan - The new agency will help to ensure workers can grow throughout their careers
8 hours ago
Vertex Ventures leads tech startup myFirst’s US$8 million Series A funding round
Koh Kim Xuan - The child-friendly digital ecosystem presents a global opportunity, says the venture capital firm
8 hours ago
Continued cost optimisation strengthens outlook for Seatrium
Lin Daoyi - Seatrium has reported a doubling of its FY2025 earnings to $324 million on the back of a 24% jump in revenue to $11.5 billion, marking a significant turnaround from two years ago when the company recorded a net loss of $1.9 billion for FY2023. The company plans to increase its dividend to 3 cents, d ...
8 hours ago
Japan in talks with India to explore for rare earths, sources say
Tokyo seeks to reduce reliance on China
9 hours ago
Japanese stocks plummet as Middle East conflict widens
[TOKYO] Japanese shares fell at the sharpest pace in months on Tuesday (Mar 3), as investors remained on edge for a second...
9 hours ago
Another strong year expected for Sheng Siong
Samantha Chiew - Analysts are positive on Sheng Siong for this year, but believe that growth has been mostly priced in. This view comes on the back of the supermarket operator on Feb 27 announcing its FY2025 ended Dec 31, 2025, results. To recap, Sheng Siong’s FY2025 earnings had increased by 8.7% y-o-y to $149.5 ...
9 hours ago
Analysts downgrade PropNex on expected slowdown in home sales
Therese Soh - Phillip Securities downgraded PropNex to “accumulate” with a higher target price; DBS downgraded the firm to “hold” and lowered its target price
10 hours ago
Great Eastern expands focus on HNW segment with new offerings
Ranamita Chakraborty - The launch of Great Eastern Private comes as wealth transfers gather pace across Asia amid heightened geopolitical and market uncertainty
10 hours ago
Iran conflict raises odds BOJ will forgo rate hike in March, sources say
TOKYO, March 3 : Fresh market volatility triggered by the Middle East conflict has heightened the chance the Bank of Japan will hold off on raising rates in March, sources said, as policymakers need more time to gauge the impact on the economy.The only factor that may prod the BOJ to raise rates at ...
10 hours ago
BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets: report
The Hong Kong-listed conglomerate has been seeking to sell its non-Chinese ports business, which spans 43 terminals in 23 countries
10 hours ago
Airline ticket prices soar on Asia-Europe routes after Gulf airport closures
Major Gulf hubs have remained closed for a fourth day on Tuesday
10 hours ago
Indonesia rolls out larger Eid stimulus to lift consumption, targets civil servants and gig workers
Elisa Valenta - The 55 trillion rupiah package marks a 10% increase from last year.
10 hours ago
BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports
March 3 : A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison's global ports business without two terminals in Panama, after authorities seized the assets, Financial Times reported on Tuesday.Swiss-Italian shipping firm Mediterranean Shipping Company (MSC) and t ...
11 hours ago
Indonesia regulator expects three-quarters of listed firms to meet 15% free-float rule within first year
JAKARTA, March 3 : Indonesia's financial regulator said on Tuesday that it expects up to 75 per cent of the companies listed on the country's stock exchange to meet a new 15 per cent free-float requirement within the first year of implementation. Hasan Fawzi, interim chief capital market s ...
11 hours ago
China’s AI listings boom leaves investors flying blind
For the AI industry, the challenges will only mount in the short term, with a healthy pipeline of listings yet to come
11 hours ago
Bank of Japan to experiment with blockchain settlement for reserves, Governor Ueda says
Using blockchain technology would allow scope for instant settlement 24 hours a day
11 hours ago
Indonesia hopes to get MSCI response to capital market reforms before May, official says
OJK and Indonesia’s stock exchange will meet with MSCI representatives on Wednesday
11 hours ago
Singapore taps JPMorgan, UBS to push regional gold hub ambition
UOB is the only Singaporean lender offering physical gold sales and vault services to retail customers
11 hours ago
Oil spikes stir inflation risk: which Singapore stocks are the most defensive – and vulnerable?
Deon Loke - The situation can also lead to a ‘higher-for-longer’ interest rate environment
12 hours ago
Budget 2026: New SME AI Skills Launchpad to help businesses elevate AI awareness, adopt solutions
Paige Lim - A new self-diagnostic tool will also be launched to help workers assess their AI readiness level and training needs
12 hours ago
BOJ to experiment with blockchain settlement for reserves, Governor Ueda says
TOKYO, March 3 : The Bank of Japan will conduct experiments for using blockchain technology to settle deposits that financial institutions park with the central bank, Governor Kazuo Ueda said on Tuesday.The experiments will be part of a "sandbox project" under way at the BOJ to enable the ...
12 hours ago
BOJ to experiment with blockchain settlement for reserves
TOKYO, March 3 : The Bank of Japan will conduct experiments for using blockchain technology to settle deposits that financial institutions park with the central bank, Governor Kazuo Ueda said on Tuesday.The experiments will be part of a "sandbox project" under way at the BOJ to enable the ...
12 hours ago
Toyota founding family is biggest winner in unit takeover battle
Critics see it as a power grab by the chairman on behalf of himself and other Toyoda family members