1 day ago
Over 1 million Singaporean households to get utility, service and conservancy rebates in April
[SINGAPORE] More than 1 million Singaporean households in HDB flats will receive rebates on their utility and conservancy bills in April, as...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
1 day ago
Microsoft plans US$1 billion investment in Thailand, Thai government says
[BANGKOK] Microsoft plans to invest US$1 billion in Thailand over the next two years in cloud services and AI infrastructure, the Thai...
1 day ago
Grab, Strides raise fares, unveil driver support measures amid rising fuel costs
Shikhar Gupta - Grab’s fuel surcharge will be adjusted to S$0.90 per trip, while Strides’ street-hail fares will rise S$0.01 per distance and time-based unit
1 day ago
Grab announces S$1.1 million driver support, S$0.40 fare surcharge
Shikhar Gupta - Passengers will see the fuel surcharge being adjusted from S$0.50 to S$0.90 per trip across all transport services on the Grab platform,...
1 day ago
Japan brands yen falls as 'speculative' as Iran war ignites sell-off
TOKYO, March 31 : Japan on Tuesday labelled recent yen falls as speculative for the first time since the Middle East war began, shifting its focus back to currency short-sellers as policymakers braced for a triple market sell-off driven by fresh inflationary concerns.While data showed core inflation ...
1 day ago
CDL’s Millennium Hotels and Resorts appoints Cinn Tan as chief commercial officer
Jovi Ho - Millennium Hotels and Resorts (MHR), a Hong Leong Group subsidiary of City Developments (CDL), has appointed Cinn Tan as chief commercial officer. According to a March 31 announcement, Tan joined MHR in January. Prior to that, Tan was chief commercial and marketing office at Pan Pacific Hotels Group ...
1 day ago
Microsoft plans $1 billion investment in Thailand, Thai government says
BANGKOK, March 31 : Microsoft plans to invest $1 billion in Thailand over the next two years in cloud services and AI, the Thai government said in a statement.
1 day ago
Lim and Tan initiates ‘buy’ rating for Beng Kuang Marine
Lin Daoyi - On the back of successful execution of business strategies to enhance shareholder value and sector tailwinds, Lim and Tan Securities have initiated coverage on Beng Kuang Marine with a “buy” rating at target price of 53.5 cents. In their March 31 report, Nicholas Yon and Chan En Jie note that CE ...
1 day ago
Higher electricity and gas household tariffs from April to June as energy and fuel costs rise
Authorities warn of "potentially sharper increases" in electricity and town gas tariffs in subsequent quarters due to the Middle East conflict.
1 day ago
Singapore could see 'potentially sharper increases' in electricity, gas tariffs due to Middle East conflict: EMA
The electricity and gas tariffs for the April to June period are only partially affected by the rise in fuel prices, says EMA.
1 day ago
Singapore likely to see sharper hikes in electricity, town gas tariffs amid Middle East war: EMA
Deon Loke - Household and business consumers should use more energy-efficient appliances and conserve energy, says the authority
1 day ago
Gold set for worst month in more than 17 years as US rate-cut hopes fade
Bullion has fallen more than 13 per cent so far this month
1 day ago
Why orchestration is manufacturing’s next growth engine
Amit Khandelwal - Singapore’s edge as a global trade hub hinges on a manufacturing industry that is both advanced and resilient. To stay ahead, factory floors must operate with zero downtime, friction-free workflows, and real-time data-driven adaptability. The Singapore Budget 2026 tackles this head-on, placing adv ...
1 day ago
Blackstone to debut first hedge fund for mini-millionaires
The new fund aims to make relatively liquid bets across an array of asset classes
1 day ago
South Korea to start crude oil swap with local refiners, ministry says
SEOUL, March 31 : South Korea will introduce a policy allowing oil refiners to swap crude supply from its national reserve, a spokesperson from the industry ministry said on Tuesday. The policy enables refiners to borrow crude oil from the national reserve and return the same volume once crude shipm ...
1 day ago
Malaysia raises 2026 growth outlook, sees war impact contained
Its central bank expects inflation to remain moderate between 1.5 per cent and 2.5 per cent this year
1 day ago
California AI order requires firms seeking state contracts to have safeguards against abuse
1 day ago
Toyota supplier Denso targets 11% return on equity by 2030
TOKYO, March 31 : Japanese auto parts maker Denso said on Tuesday it aims for sales of 8 trillion yen ($50 billion) and a return on equity of 11 per cent by 2030, despite missing a lower ROE target in an earlier plan.The Toyota supplier flagged both opportunities and challenges for future growth in ...
1 day ago
Toyota supplier Denso targets 11% or more return on equity by 2030
TOKYO, March 31 : Japanese auto parts maker Denso said on Tuesday it will aim for 8 trillion yen ($50 billion) or more in sales by 2030 and a return on equity of 11 per cent or more by that year.The Toyota supplier said it will target 6.6 trillion yen in business investment over the five years to 20 ...
1 day ago
Asian stocks wipe out 2026 gains as war drives inflation worries
ASIAN stocks fell, with the key regional benchmark erasing its gain for the year, as soaring energy costs due to the Iran...
1 day ago
City & Country’s Movers & Shakers 1Q2026
City & Country - City & Country revisits the quarter’s biggest headlines and headliners. Here are our picks for the Movers & Shakers of the real estate industry in 1Q2026: Rayne Chua left Keller Williams (KW) Singapore in February to join ERA Singapore with some 80 agents under her. The former top earner a ...
1 day ago
Korean Air to shift to emergency mode in April amid rising oil prices from Iran war
SEOUL, March 31 : Korean Air will enter emergency management mode from April as rising oil prices driven by the war in the Middle East weigh on costs, a source with knowledge of the matter told Reuters on Tuesday.The airline said in an internal memo reviewed by Reuters that if high oil prices persis ...
1 day ago
Meta testing subscription tier for Instagram
SAN FRANCISCO: Instagram is testing a pay tier that offers features including letting subscribers discreetly view story posts that normally vanish after 24 hours, Meta told AFP on Monday (Mar 30), confirming a report by news website TechCrunch.Paying users will also get more control over which accou ...
1 day ago
Cathay Pacific to maintain capacity despite rising jet fuel costs, CEO says
SEATTLE, March 30 : Cathay Pacific Airways CEO Ronald Lam said on Monday that the airline's short-term priority was to maintain flight capacity, adding that any cutbacks would be a "last resort" even as the conflict in the Middle East drives jet fuel prices higher.So far, the Hong Kon ...
1 day ago
Cathay Pacific's 10% growth plan could change if fuel prices stay high, CEO says
SEATTLE, March 30 : Cathay Pacific Airways is for now sticking with its plan to expand passenger capacity by 10 per cent this year even as the conflict in the Middle East drives jet fuel prices higher, but that could change if demand declines, its CEO said on Monday.So far, the Hong Kong-based airli ...
1 day ago
CapitaLand-Mapletree merger ‘good move’ but ‘complex’ to appoint execs: ARA co-founder John Lim
Jovi Ho - The rumoured merger between CapitaLand Investment (CLI) and the unlisted Mapletree Investments would be a “good move”, says John Lim, the industry veteran who co-founded real estate fund manager ARA Asset Management in 2002. “Size is important,” says the pioneer of Singapore REITs (S-REITs) ...
1 day ago
Oil slips, stocks rise as report says Trump willing to end war
HONG KONG: Oil prices sank and most stocks rose Tuesday (Mar 31), following a report that indicated Donald Trump was willing to end the Iran war even if the key Strait of Hormuz remained closed.But investors remain wary as the Wall Street Journal story came on the same day the US president threatene ...
1 day ago
Singapore extradites former Wirecard director to Germany over links to global fraud ring
Deon Loke - The German national is allegedly involved in a criminal organisation, money-laundering offences
1 day ago
Malaysia lifts 2026 growth forecast slightly despite trade disruptions, rising fuel prices
KUALA LUMPUR, March 31 : Malaysia's economy is on track to grow faster in 2026 than initially projected, the central bank said on Tuesday, despite trade disruptions and higher fuel prices caused by the conflict in the Middle East and U.S. tariffs.Bank Negara Malaysia now expects economic growth ...
1 day ago
Malaysian central bank lifts 2026 growth forecast slightly, flags risks from prolonged Iran war
KUALA LUMPUR, March 31 : Malaysia's economy is on track to grow faster in 2026 than initially projected, the central bank said on Tuesday, despite trade disruptions and higher fuel prices caused by the conflict in the Middle East and U.S. tariffs.Bank Negara Malaysia now expects economic growth ...
1 day ago
Australia investigates tech giants over social media ban compliance
Tech companies can face a fine of up to A$49.5 million (S$43.9 million)
1 day ago
Hin Leong founder OK Lim hospitalised 3 days before 13½-year jail sentence starts
The 84-year-old was found ‘disoriented’ with breathing difficulties, says his son
1 day ago
Trump tells aides he is willing to end Iran war without reopening Hormuz, WSJ reports
US PRESIDENT Donald Trump told aides he is willing to end the military campaign against Iran even if the Strait of Hormuz...
1 day ago
Light industrial building within Leng Kee automotive cluster for sale at $49 mil
Jovi Ho - A modern six-storey standalone light industrial building at 1 Chang Charn Road is up for sale via an expression of interest exercise at a guide price of $49 million by sole marketing agent ETC. The six-storey building within the Leng Kee automotive cluster has an existing gross floor area of approxi ...