Singapore

Daily Markets Briefing: STI up 0.28%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 5.53% increase.

Most expats in Singapore unaffected by tighter salary rules

The city-state is tweaking the balance in favour of locals by hiking aliens’ wage thresholds.

Singapore Institute of Technology’s Punggol campus is an eco-tech wonder

The borderless campus features an abundant space for engagement and interaction.

COTD: Singapore leads tech startup funding in Southeast Asia

In 9M 2024, Singapore contributed 62% of the total $2.3b funding.

Qian Hu Executive Chairman takes a bow

CEO Yap Kok Cheng will take on the additional role starting next year.

GXS Bank launches credit card with flat fees and no interest

It has a limit of S$500 with a S$5 extension fee.

ST Engineering wins 15-year MRO contract with Akasa Air

ST Engineering will handle Akasa Air’s LEAP-1B engines.

STI dollar-cost averaging yields 5.7% CAGR since 2019

The STI generated a 37% total return, outperforming other indices.

KKH unveils 15 programmes to boost population health, fertility rates

One key programme aims to maintain metabolic wellness and prevent new health risks.

Vouch raises $3.3m in new funding round

The startup has also announced the expansion of its product suite.

CCCS lifts capacity rules for Emirates and Qantas on Singapore-Australia routes

The commission received no third-party feedback on the release concerns.

UOB extends takeover offer for Silverlake Axis shares to 21 October

UOB said that the offer is final and there will be no increase in the offer consideration.

APAC Realty and NexUS Global Realty ink MoU to boost cross-border real estate transactions

The partnership will also strengthen agent-investor ties and create new opportunities for clients in both regions.

A*STAR and Flagship Pioneering commit $100m for health, sustainability R&D

The partners will also co-develop technologies in strategic areas.