News

MAS and CAD probe Seatrium on potential links to Brazil corruption case

The potential offences include corruption, drug trafficking, and serious crimes.

Kuok Khoon Hong raises stake in Wilmar International to 14.1%

Kuok currently holds 880.1 million shares in Wilmar.

ST Engineering lands $100m in new ammunition orders from Europe

The orders comprise NATO standard 155mm and 40mm ammunition.

OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly

The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.

85 Singaporean companies included in Fortune’s SEA 500 rankings

Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.

Sabana REIT refutes claims bond issuance affects its internalisation process

Quarz Capital Asia alleged the bond issuance may jeopardise Sabana Industrial REIT financially.

DBS named as SEA’s most profitable bank

DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.

Income Insurance in talks with Allianz over shares

The transaction is not, in any way, final.

Singapore ranks as 2nd most expensive city globally

Expensive housing, transportation, and goods drove up the city's cost of living.

Trafigura agrees to pay $55m to settle CFTC charges

The agreement neither admitted nor denied the CFTC’s findings.

Non-oil domestic exports slip 0.1% YoY in May

A 6.0% YoY drop in non-electronic products drove the decline.

Clean-up operations expand as oil reaches water off Changi

Authorities have deployed additional booms to contain the incident. 

Singapore stocks book $1b in net retail inflow so far this year

Capital flight from banks was more than offset by large net buying in other stocks.