7 hours ago
URA releases three private residential sites for sale at Lentor, Kallang, Dunearn
Ry-Anne Lim - Dunearn Road site is the second to be released in the upcoming Bukit Timah Turf City housing estate
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
8 hours ago
Indonesia expects to earn $179 million from planned gold export tax
JAKARTA, Dec 8 : Potential state revenues in 2026 from Indonesia's planned gold export tax could reach 3 trillion rupiah ($179.75 million) while a coal export tax could reap 20 trillion rupiah ($1.20 billion), its finance minister said on Monday.Purbaya Yudhi Sadewa told a parliamentary hearing ...
8 hours ago
China's rare earth exports jump in November after Xi-Trump meeting
Exports in November jumped for a second consecutive month, by 26.5% from October to 5,493.9 metric tons
9 hours ago
Country City Investment awarded tender for 2 Moulmein Road, a 91,000 sqm state property with 44 heritage buildings
Jovi Ho - The Singapore Land Authority (SLA) has awarded Singapore-based developer Country City Investment the tender for the redevelopment and adaptive reuse of 2 Moulmein Road, a 91,000 sqm estate of 44 heritage buildings. First established in 1913 as Middleton Hospital, the site supported Singapore’s hea ...
9 hours ago
Addvalue secures US$4.8 mil worth of new orders for its ADR-related business
Felicia Tan - Addvalue Technologies has secured new orders worth a total of US$4.8 million ($6.2 million) for its advanced digital radio (ADR)-related business. The new orders are for the supply of proprietary, highly compact software defined radio (SDR) modules to a customer in the defence technology sector, say ...
10 hours ago
Indonesia to make exporters deposit earnings in state banks, finance ministry says
JAKARTA, Dec 8 : Indonesia plans from January 1 to require natural resource exporters to retain all foreign currency earnings in state-owned banks for at least a year, and limit their use, finance ministry officials said on Monday.Indonesia has for years been trying to make exporters keep their earn ...
10 hours ago
Indonesia to revise retention rules for export earnings in new year, CNBC Indonesia reported
JAKARTA, Dec 8 : Indonesia will from January 1 require natural resource exporters to deposit and hold all foreign currency earnings in state-owned banks, CNBC Indonesia reported on Monday, citing a government document.Under the current rules introduced in early January, exporters must for at least o ...
10 hours ago
Singapore hotels are shifting towards equilibrium: DBS
Samantha Chiew - DBS Group Research is of the view that Singapore hotels are shifting towards an equilibrium. In a Dec 6 report, DBS analysts say the country’s tourism rebound is currently entering a “late-cycle phase”, with year-to-date arrivals tracking the lower end of the target set by Singapore Tourism Bo ...
10 hours ago
Singapore Institute of Directors CEO Terence Quek exiting April 2026
Jovi Ho - Singapore Institute of Directors (SID) CEO Terence Quek says he will step down from the national association at the end of April 2026, after nearly four years in the role. In a LinkedIn post published Dec 8, Quek says he “wasn’t actively looking to move”, but was offered “an unexpected and e ...
10 hours ago
Singapore consumer watchdog raps Courts, Prism+ for misleading website features
Shikhar Gupta - The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims
10 hours ago
Largest Vietnam fund manager eyes UpCom listing in first quarter
The country has made notable progress this year in easing market access for overseas investors
10 hours ago
Airwallex raises US$330 million Series G funding round led by Addition
Benjamin Cher - The company will set up a second headquarters in San Francisco
11 hours ago
Crypto exchange Binance gains regulatory win in Abu Dhabi
The crypto exchange has yet to decide on a location for its global headquarters
11 hours ago
Shell resumes Indonesian sales after restrictions curbed supply
The company has about 200 gas stations across the country
11 hours ago
Should the government have boosted housing supply in its H1 2026 land sales programme?
Leslie Yee - More supply, rather than a trim, could help meet robust demand from homebuyers and developers, moderate prices, and generate more economic activity
12 hours ago
Consumer watchdog raps Courts and Prism+ for misleading shoppers with unfair practices
Courts had added unsolicited items into consumers’ shopping carts, while Prism+ used fake countdown timers to create false urgency.
12 hours ago
Microsoft ‘aggressively’ looking at South-east Asian clean energy projects amid data centre boom
Sharanya Pillai - The tech giant will also ‘take a very close look’ at Singapore’s latest call to build new data centres
12 hours ago
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
In Europe, progress in Ukraine peace talks remains slow
12 hours ago
SAC Capital initiates coverage on Lincotrade & Associates with ‘buy’ call and target price of 30.1 cents
Teo Zheng Long - SAC Capital analysts Matthias Chan and Liu Maorong have initiated a “buy” call on Singapore-based interior fitting-out specialist Lincotrade & Associates with a target price of 30.1 cents. In their Dec 5 report, the analysts noted that the company’s order book doubled to $113.0 million as ...
12 hours ago
SAC Capital initiates coverage on Lincotrade & Associates ‘buy’ call with target price of 30.1 cents
Teo Zheng Long - SAC Capital analysts Matthias Chan and Liu Maorong have initiated a “buy” call on Singapore-based interior fitting-out specialist Lincotrade & Associates with a target price of 30.1 cents. In their Dec 5 report, the analysts noted that the company’s order book doubled to $113.0 million as ...
12 hours ago
This newly listed SGX stock skyrocketed almost 7 times in 3 months – what’s driving it?
Chloe Lim - Shareholders take profit with the counter’s 18% retreat on Monday
12 hours ago
This newly listed stock soars almost 7 times in 3 months – what’s its rocket fuel?
Chloe Lim - Shareholders take profit with the counter’s 18% retreat on Monday
12 hours ago
This newly listed stock soared 500% in 3 months - what’s its rocket fuel?
Chloe Lim - Its shareholders take profit with the stock’s 18% retreat on Monday
12 hours ago
Asian stocks stagger as traders prepare for expected US rate cut
Traders are also keeping a wary eye on China-Japan tensions
12 hours ago
IBM nears $11 billion Confluent deal to boost cloud push, WSJ reports
Dec 7 : IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue's ability to capture growing demand for cloud services.The deal for Confluent, an open-source platform used t ...
12 hours ago
IBM nears roughly $11 billion deal for Confluent, WSJ reports
Dec 7 : IBM is in advanced talks to acquire data infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Reuters could not immediately verify the report.
12 hours ago
OCBC invests in BRC Asia’s controlling shareholder Green Esteel to power US$1.5 bil low-carbon steel project
Felicia Tan - OCBC’s mezzanine capital unit has made an equity investment in Singapore-based Green Esteel (Esteel), the controlling shareholder of SGX-listed BRC Asia, to develop a hot briquetted iron (HBI) plant under its sustainability investment programme. The plant will form part of Southeast Asia’s large ...
12 hours ago
Too big to fail? IndiGo crisis exposes risks in Indian aviation
With US$9 billion in revenues and US$807 million in profits last fiscal year, the airline dominates India’s aviation sector
13 hours ago
Ex-Nvidia manager worth US$4.3 billion after blockbuster China IPO
The company’s prospectus estimates it expects to turn a profit by 2027
13 hours ago
Robinhood to enter Indonesia with brokerage, crypto trader acquisition
The country has more than 19 million capital market investors and 17 million cryptocurrency traders
13 hours ago
Why investors need a sharper focus for Asean’s energy transition
MSCI - Energy transition is no longer a far-off global theme — it’s an investment reality taking on increasing gravity. The question is no longer about whether it is happening, but instead how fast, and who’s ready. Against this context, investors are seeking structured and granular data to better se ...
13 hours ago
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing
14 hours ago
WongPartnership issues payment demand to United Food for S$358,000 in unpaid fees
Chloe Lim - Long-suspended company given up to Dec 17 to pay up or face legal proceedings
14 hours ago
WongPartnership issues payment demand to United Food for S$358,000 in unpaid professional fees
Chloe Lim - Long-suspended company given up to Dec 17 to pay up