Soon Hock Enterprise: From operator to developer
Julian Wong - Walter Tan Min Loon grew up watching his father establish one of Singapore’s largest logistics operations. Today, as CEO of Soon Hock Enterprise, he leads a company that has evolved—from moving goods to developing the spaces that hold them. While Soon Hock positions itself as a property develope ...
War in Ukraine hands Singapore a new opportunity in gold
Kwan Wei Kevin Tan - Feb 24, 2022. For most people, that is the day when Russia launched a full-scale invasion of Ukraine. That conflict has yet to end and continues to this day. Less well-known is the fallout the war had on the gold market. Russia’s act of aggression spurred the West to levy sanctions, freeze approxi ...
SMBA’s Cheng helps shape Singapore’s golden vision
Lin Daoyi - Singapore has the potential to grow from a secondary gold hub serving Southeast Asia into a gold trading centre for the Asia Pacific region, says Albert Cheng, CEO of the Singapore Bullion Market Association (SBMA). “I would like to see Singapore become a trusted and respected gold hub that serves ...
AI boom drives memory chip prices to ‘insane’ levels in US, adding to inflation pressures
Behind it lies the rush to build data centres, which power artificial intelligence and need vast quantities of memory chips
Building infrastructure for fungible tokenised gold globally
Lin Daoyi - Tokenisation is the process of converting sensitive information or real-world assets into secure digital units called tokens. Digital gold or tokenised gold products have sprouted in Singapore, with some covered previously in The Edge Singapore. More recently, the OCBC-LionGlobal Physical Gold Fund ...
Gold remains safe haven asset despite price volatility: industry insiders
Lin Daoyi - Gold prices gained more than 60% y-o-y to above US$4,300 ($5,532) per ounce, reaching a new record high 53 times in 2025. In contrast, the gold rush this year so far, particularly after January, seems to have encountered stumbling blocks. The year started well for the precious metal, with prices bre ...
Singapore REITs: Governance by design, or governance by hope?
Lee Ooi Keong - Singapore’s 41 listed real estate investment trusts collectively represent approximately $102 billion in market value, pay a sector average distribution yield of 5.9%, and are the most widely held income investment among Singapore retail investors. Many are held through CPF Investment Scheme and S ...
From Singapore to the world, Dell Technologies taps talent here to scale up
Benjamin Cher - The tech giant has been orchestrating a massive transformation to become an end-to-end solution enabler for smart cities
Is the AI of Things sustainable?
Chew Sutat - In recent months, anti-AI sentiment has been bubbling up in US colleges and universities, driven by students’ anxiety over job displacement, environmental impact, questions over academic integrity and the loss of critical thinking. Tech bosses talked about the next Industrial Revolution at spring ...
Bank Indonesia’s new mandate faces first market test after rate hike
Elisa Valenta - It has pushed back against concerns that supporting growth could dilute its commitment to stability
Trust will decide whether Singapore’s AI bet pays off
Tianyi Jiang - Singapore’s AI push will pay off only if firms can rely on AI-driven systems across high- stakes sectors like finance, manufacturing, healthcare and public services. Singapore Budget 2026 makes it clear that organisations still have significant work to do — including rebuilding their workflows, ...
Futu founder ‘Brother Leaf’ humbled by China broker crackdown
Income from Hong Kong and overseas brand Moomoo should easily offset pressure from the ban
Closer to the quantum computing dream
PC Lee - On June 2, Microsoft chairman and CEO Satya Nadella unveiled the Majorana 2 quantum computing chip at the Microsoft Build 2026 conference in San Francisco. Majorana 2 is its next-gen quantum processing unit (QPU), a giant step towards designing quantum computers that are much more stable and commerc ...
CGS International maintains 'add' call on Sembcorp with target price of $7.68
The Edge Singapore - Lim Siew Khee and Meghana Kande of CGS International have kept their "add" call and $7.68 target price on Sembcorp Industries following the completion of its acquisition of Australia-based power company Alinta. The deal A$6.5 billion deal was first announced last December. Under terms of t ...
Can big get bigger? Can expensive stay expensive?
Carmen Lee - The ongoing artificial intelligence (AI) investment cycle has propelled a small group of companies into unprecedented territory, reshaping both market structure and the distribution of economic power. The emergence of approximately 15 companies with market capitalisations exceeding US$1 trillion ($1 ...
Gaokao lessons for Chinese businesses
Daryl Guppy - During the week, much of China went silent for several days. Traffic slowed, people stopped using their car horns and entire local areas went about their daily activities in subdued silence. Special green traffic lanes are arranged around some venues. Taxis offered free rides and standby services fo ...
A rare ‘super’ El Niño is looking more likely. Here’s what to expect
Brian K. Sullivan - A cyclical weather phenomenon that can drive flooding in one continent and drought in another looks increasingly likely to emerge this year. El Niño occurs when the atmosphere reacts to a sustained warming of Pacific Ocean surface temperatures above normal levels. The water has been rapidly heating ...
Record STI reflects strong economy and value-driven corporate activity
Smartkarma Research - Singapore’s equity market closed May on a firm footing, with the Straits Times Index delivering a 3.3% total return for the month and setting a fresh all-time high near 5,073 points, underpinned by resilient economic data and steady institutional participation. First-quarter GDP expanded 6% y-o-y, ...
Justifying JustCo with an intrinsic value of 69 cents
Thiveyen Kathirrasan - One of the harder challenges of investing is discerning the valuation of a recently IPOed or listed company. This is primarily due to the lack of financial information available for assessment (unless the company discloses it over at least five annual financial periods). The good thing about this is ...
RHB Bank bucks banking malaise as investors bet on yield and ROE growth
Adeline Paul Raj - While most Malaysian banking stocks have struggled to gain traction after a mediocre first-quarter reporting season, RHB Bank has bucked the trend, standing out as the sole bank to post a decent share price gain. As at June 5, the shares in the country’s fourth-largest banking group by assets have ...
Japan core inflation seen below BOJ target for fourth month in May: Reuters poll
TOKYO, June 12 : Japan's core consumer inflation likely held steady in May at roughly the previous month's pace due to end of government fuel subsidies, leaving inflation below the Bank of Japan's 2 per cent target for a fourth month, a Reuters poll showed on Friday.Here are a few det ...
Co-living stocks find favour as Coliwoo and The Assembly Place test investor appetite
Lynnette Tania Lee - Two heavily oversubscribed listings in three months give investors fresh ways to play Singapore’s co-living boom and the early analyst scorecard is mostly bullish. Singapore’s co-living operators have spent their days convincing tenants that a furnished room with a shared kitchen and a social ca ...
Q&M’s acquisition binge sets it up for structural growth shift
The Edge Singapore - Following the pandemic boost, Q&M Dental Group’s earnings have normalised, which made some investors overlook this stock in the last couple of years. But as investors start to forget about the stock, CEO Dr Ng Chin Siau has been laying the groundwork for ambitious growth plans. Instead of bein ...
Case for Multi-Chem: Mature, regional and ‘VAD’
The Edge Singapore - Low-profile Multi-Chem operates in a mature segment of the once-bustling local electronics manufacturing industry. Yet, beneath a counter whose shares are thinly traded lies a company that has undergone a drastic transformation into a key distributor of software and tech products across the region. ...
Broker's Digest: Tai Sin, OKP Holdings, CDL, Food Empire, Pan-United, Sanli Environmental, Sembcorp
The Edge Singapore - Tai Sin ElectricPrice target: RHB Bank Singapore ‘buy 75 cents Overlooked proxy to the construction boom
Shock at the pump: Indonesia’s Pertamax price hike fuels cost worries for middle class
The price hike has been long in the making, driven by a 50% surge in global oil prices since the Iran war
Singapore announces new road map to improve standards and conformance capabilities, partnerships
Elysia Tan - Five memorandums of understanding between EnterpriseSG and its international and regional partners are formalised
Bank of Korea governor says interest rates to be raised ‘on time’
The central bank targets inflation at 2% in the medium term
Investors respond positively to Bank Indonesia's surprise rate hike, with inflows up, official says
JAKARTA, June 12 : Indonesia's central bank spokesperson said on Friday that foreign investors have responded positively to its rare off-cycle interest rate hike and an increase in bond yields, as reflected by a rise in foreign capital inflows this week.Bank Indonesia (BI) raised interest rate ...
Alibaba bids US$1.5 billion for China grocer in fight with Meituan
A Pupu sale to an industry leader may also draw Beijing’s attention
Singapore Kitchen Equipment defends move to keep CEO, senior manager in jobs despite criminal charges
Shikhar Gupta - It also names executive director Alan Lee as backup CEO
Bank of Japan set to hike rates to 31-year high, drop hawkish signals
Governor Kazuo Ueda, now in hospital for a two-week treatment, will miss the two-day meeting concluding on Jun 16
Maybank says selling due to China’s Doc 837 overdone, prefers OCBC followed by DBS
The Edge Singapore - Maybank Securities banking analyst Thilan Wickramasingh e says the China rule change on outbound direct investment (ODI) is unlikely to be too negative for the local banks. On June 10, JP Morgan said China’s Doc 837 has broad implications for net new money growth for banks over time. Research done ...
Deutsche Bank names Robert Huray South-east Asia investment banking head
The changes come at a time as Hong Kong and China now drive most dealmaking and revenue for global banks operating in Asia
