$Singtel(Z74.SI)$ shares fell more than 1% on Wednesday after Singapore’s telecommunications regulator fined the group S$1 million over mobile service disruptions in March that affected around 720,000 subscribers. The Infocomm Media Development Authority said the outages on March 16, 18 and 19 were preventable, citing cooling system failures, inadequate monitoring and technical issues following network traffic rerouting. The regulator ruled out a cyberattack. Singtel has since strengthened its network monitoring and maintenance procedures. It also provided about S$8 million in goodwill rebates to affected customers. The penalty adds to scrutiny of network reliability across the group, as its Australian subsidiary Optus has also faced criticism o

Market Snapshot Singapore stocks opened higher on Wednesday. STI rose 0.4%; UOB, Yangzijiang Shipbuilding, and SIA Engineering rose 1%; OCBC rose 0.9%; SIA rose 0.8%; DBS rose 0.5%. Stocks in Focus $Singtel(Z74.SI)$: The Infocomm Media Development Authority (IMDA) has imposed a penalty of S$1 million on the telecommunications provider over a series of mobile service disruptions in March that affected around 720,000 consumer and business subscribers. In a statement on Tuesday, IMDA said that its investigations found the outages on Mar 16, 18 and 19 were preventable and within the telco’s control. Shares of Singtel closed S$0.05 or 1.2 per cent higher at S$4.23 before the announcement. $Wee Hur(E3B.SI)$

Keppel Reit is acquiring a 51 per cent interest in Keppel South Central from its sponsor Keppel for a purchase price of S$610.9 million, boosting its presence in Singapore's premium office sector, the Reit manager announced on Tuesday (Oct 20), shares down 2%. The 33-storey Grade A commercial building, located in the central business district (CBD), carries a total value of approximately S$1.2 billion. With 522,500 square feet of net lettable area, this equates to an overall building valuation of roughly S$2,350 per square foot (psf). Based on this total valuation, the agreed property value for Keppel Reit's 51 per cent interest on a 70-year leasehold basis amounts to S$626.2 million. "The proposed acquisition of Keppel South Central increases our presence in Singapore to 82 per cent," sa

Market Snapshot Singapore stocks opened Higher on Tuesday. STI rose 0.2%; OV8 rose 0.7%; S63 rose 0.7%; Z74, C6L rose 0.5%; U11 rose 0.4%. Stocks in Focus $First Resources(EB5.SI)$: The palm oil company is “confident” that an objective review will establish that it does not engage in land clearing by fire, and has welcomed a thorough, evidence-based examination of the facts surrounding the haze situation. On Tuesday, the group said that it maintains a zero-burning policy, which is strictly enforced across its operations. Shares of First Resources closed 3.4 per cent or S$0.13 higher at S$3.93 on Monday. $Keppel Reit(K71U.SI)$: The manager announced on Tuesday that is buying a 51 per cent stake in Kep

Market Snapshot Singapore stocks opened Lower on Monday. STI fell 0.14%; AJBU fell 1.9%; AWX fell 1.7%; G13 fell 1.6%; OV8 fell 0.3%. Stocks in Focus $Bumitama Agri(P8Z.SI)$: The company said on Friday that preliminary investigations had found no evidence linking its operations to the forest fires in Indonesia or the haze affecting Singapore. It added that a fire in one of its concessions had originated outside its boundaries before spreading into the area. The counter fell 4.8 per cent or S$0.09 to S$1.78 on Friday before the company called for a trading halt to issue a clarification statement. It will resume trading on Monday. $Wee Hur(E3B.SI)$: The property and construction group is entering Singap

Singapore stocks rose this week, with the STI up 0.3%, as investors digested a stronger-than-expected surge in non-oil domestic exports (NODX), even as palm oil counters came under pressure amid scrutiny over haze-causing fires. In terms of individual stocks, UOB rose 4.1%; Yangzijiang Shipbuilding rose 2.2%; SGX rose 1.3%; DBS rose 1%; SIA fell 0.6%; Singtel fell 1.4%; Wilmar fell 3.1%; Sats, Keppel fell 4%; SIA Engineering fell 6.5%; Seatrium fell 7.5%. Market News Singapore's MAS Stands Pat as Easing AI Boom Tames Inflation Singapore’s central bank unexpectedly left monetary policy unchanged as it expects both the global energy crunch and the artificial-intelligence boom to ease up in 2027. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool rather

Market Snapshot On Friday, Singapore stocks opened higher, with the Straits Times Index (STI) rising nearly 0.3%. Singtel, DBS, OCBC Bank and UOL edged up modestly, while JMH USD fell more than 3% in early trade. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Friday (Oct 16): Singapore Airlines (SIA) : Passenger traffic rose 2.8 per cent year on year in September, supported by healthy demand across most regions, it said on Thursday. The group said it carried 3.5 million passengers during the month, up 3.7 per cent from a year earlier. Shares of SIA closed 0.8 per cent or S$0.05 lower at S$6.49 on Thursday, before the news. CapitaLand India Trust (Clint) : The trust on Thursday announced the launch of a new data centre in Chennai

Market Snapshot On Thursday, October 15, the Singapore stock market opened lower, with the STI down about 0.4%. AEM SGD tumbled over 6% in early trading, UMS fell more than 5%, while DBS, OCBC Bank, and UOL all edged down slightly. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Thursday (Oct 15): Hotel Properties Limited (HPL) : The hospitality management group said on Wednesday that it has not made any decision to sell or redevelop its properties, following a report that Hongkong Land is in talks to acquire a majority stake in Forum The Shopping Mall, HPL House and voco Orchard Singapore. Potential redevelopment plans of the properties were also raised. HPL added that there is no certainty any transaction or corporate action wi

Market Snapshot On Wednesday, Singapore stocks edged higher in early trading, with the STI index up 0.2%. Singtel rose more than 1%, while AEM SGD and JMH USD gained 0.8%. OCBC Bank and DBS edged lower. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 14): Kore US Real Estate Investment Trust (Reit) : The manager said on Tuesday that it has completed a full-floor spec-suite development, The Post at 10800 The Plaza Buildings in Bellevue, Washington. This is the Reit’s second such development at The Plaza Buildings, and its fourth full-floor spec-suite development in total. Half of its six suites were leased prior to completion. Units of Kore US Reit ended 1.3 per cent or US$0.002 down at US$0.15 on Tuesday, prior to

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.82%; AEM SGD up over 6%; UMS, Kep Infra Tr up about 2%; JMH USD, Singtel, DBS, OCBC Bank, UOL up over 1%. SG Local News ‘Bringing Asean together as a single market’: PM Wong For South-east Asia to continue attracting investments, the challenge lies in bringing Asean together as a single market, while encouraging entrepreneurship and innovation, said Prime Minister Lawrence Wong. “We really have to harness the benefits of a single market, which we don’t have today,” he said. PM Wong was speaking at a dialogue with DBS CEO Tan Su Shan at the DBS Asia Future Forward Conference held at the Suntec Singapore Convention & Exhibition Centre on Monday (Oct 12). They discussed a range of topics, from how to responsibly manage t

Market Snapshot On Monday, October 12, Singapore stocks opened slightly higher. The STI rose over 0.1%, JMH USD gained more than 1%, and AEM SGD advanced 0.6%, while Singtel fell 0.7% and UOL dropped 0.6%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Oct 12): Singapore Exchange (SGX) : Securities daily average value on the SGX rose 27 per cent year on year to S$1.9 billion in September, with turnover also up 27 per cent at S$42.2 billion. This came as global investors “sought trusted markets and risk-management tools amid persistent uncertainty marked by elevated energy prices and higher borrowing costs”, said the bourse operator. Shares of SGX rose 0.4 per cent to close S$0.09 higher at S$20.73 on Friday. UMS Integrati

Singapore stocks extended their weakness this week, with the STI plunging 4.13% for the week. Pressure from oil and the bond market continued to weigh on sentiment. On the individual stock front, $AEM SGD(AWX.SI)$ surged over 7% for the week, approaching its historical high; $First Resources(EB5.SI)$ gained more than 6.5%. $Ambiq Micro(AMQ.SI)$ plunged nearly 14%, while $OCBC Bank(O39.SI)$ fell over 8%, $UOB(U11.SI)$ dropped more than 7%, and $DBS(D05.SI)$ declined 5%. Market News Singapore retail sales growth slows to 0.7%

Singapore bank shares deepened their decline on Friday as JPMorgan Chase & Co. cautioned that sharply rising long bond yields will weigh on third-quarter earnings for lenders in Southeast Asia. $UOB(U11.SI)$ fell 1.91%; $DBS(D05.SI)$ fell 1.27%; $OCBC Bank(O39.SI)$ fell 0.45%. On Thursday, DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. each fell more than 4%, while United Overseas Bank Ltd. dropped 5.2%. These stocks were among the heaviest drags on the benchmark Straits Times Index, which plunged 3.5%, its biggest drop since April 2025. The index was the weakest performer in Asia. The slide follows a multiyear rally in Singapore lenders fuel

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.72%; OCBC Bank, UOB, Bumitama Agri, OUEREIT, YZJ Shipbldg jumped around 1%. Stocks in Focus $Frasers Property(TQ5.SI)$: The CEO of Frasers Hospitality Eu Chin Fen will be stepping down, effective Jan 1, 2027. This follows the privatisation of Frasers Hospitality Trust and its portfolio optimisation. Frasers Hospitality’s leadership structure “will be strategically segmented, aligning with group resources, and reporting into senior group leadership”. Its chief operating officer Chew Hang Song will report to the group CEO. The counter closed at S$0.955 on Thursday, down S$0.01 or 1 per cent. $StarHub(CC3.SI)$: The telco said it will ac

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 1%; DBS, UOB dropped around 2%; OCBC Bank down over 1%; Capland IntCom T, YZJ Shipbldg up over 1%. Stocks in Focus $SIA(C6L.SI)$: Singapore Airlines and Air India will offer standalone code-share flights and “enhanced” frequent-flyer benefits, giving passengers “greater flexibility” in trip planning with 126 weekly flights, the two carriers announced on Wednesday. The expanded offerings cover flights between Singapore and eight Indian cities: Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Kolkata and Mumbai. $CapitaLand Investment(9CI.SI)$: CapitaLand Investment and IOI Properties Group are now in exclusive due diligence for

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.82%; AEM SGD up over 6%; UMS, Kep Infra Tr up about 2%; JMH USD, Singtel, DBS, OCBC Bank, UOL up over 1%. Stocks in Focus The following company saw new developments that may affect trading of its securities on Wednesday (Oct 7): ESR-Reit : The real estate investment trust (Reit) manager said on Tuesday that it has recovered around 75 per cent of outstanding arrears resulting from a default in rental payments at some of its Australian properties. This leaves A$3 million (US$2.1 million) in outstanding arrears, after they were recovered through the partial drawdown of the banker’s guarantees. Units of ESR-Reit closed flat at S$2.04 on Tuesday, before the announcement. SG Local News MAS’ third EQDP shot of S$1.45 billion a

Market Snapshot On Tuesday, Singapore stocks opened slightly higher, with the STI index rising 0.07%. $Jardine C&C(C07.SI)$ gained more than 2%, and JMH USD rose over 1%; AEM SGD fell about 0.4%, and UMS dropped more than 1%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 6): Civmec : The engineering and construction company has secured a series of new contract awards and extensions with a combined value exceeding A$220 million (US$153.3 million), the company announced on Monday. The recent string of wins bolsters the group’s total order book to about A$1.5 billion. Shares of Civmec ended flat at S$1.52 on Monday, before the announcement. Aspial Lifestyle : The compa

Market Snapshot Singapore stocks opened higher on Monday, with the STI Index rising 0.15%. JMH USD gained 2.4%, AEM SGD climbed 1.9%, DBS advanced 0.6%, while OCBC Bank and UOL both rose nearly 0.4%. Stocks in Focus The following companies saw new developments that may affect trading of their securities on Monday (Oct 5): Far East Orchard : O10 0%, Far East Hospitality Trust (FEHT) : Q5T 0%: Far East Orchard is acquiring an additional 42 per cent stake in the managers of FEHT for S$28.3 million. This transaction will propel its core assets under management past its S$3 billion target to S$3.9 billion, Far East Orchard announced on Monday. Shares of Far East Orchard ended 1 per cent or S$0.01 higher at S$1.06 on Friday. Shares of FEHT ended at S$0.51, 1.9 per cent or S$0.01 lower. UltraG

Market Snapshot Singapore stocks opened higher on Friday. STI rose 0.2%; OCBC rose 0.7%; SGX fell 0.7%; Sembcorp fell 0.5%. Stocks in Focus $Singapore Exchange(S68.SI)$ (SGX): The group and the Vietnam Exchange (VNX) signed a memorandum of understanding (MOU) to “strengthen their collaboration and jointly explore the establishment of a depository receipt linkage”, they said on Thursday. The MOU aims to enhance cross-border investment opportunities and promote greater connectivity between the two markets. It builds on a 2024 agreement and establishes a framework for SGX and VNX to jointly examine and develop depository receipt products between the two markets. Shares of SGX ended flat at S$22.61 on Thursday, before the news. SG Local News Singapo

Market Snapshot Singapore stocks opened lower on Thursday. STI fell 0.4%; Keppel, YZJ Shipbldg fell 1%; OCBC fell 0.7%; DBS, SIA fell 0.6%; UOB, SGX fell 0.4%. Stocks in Focus $DBS(D05.SI)$: The bank on Thursday said it has appointed Gautam Banerjee to the boards of DBS Group Holdings and DBS Bank, with immediate effect. Banerjee is currently chairman and senior managing director of Blackstone Singapore. He also serves on the boards of Singtel and GIC. Shares of DBS fell 1.1 per cent or S$0.88 to close at S$77.50 on Wednesday. $DFI Retail(D01.SI)$: The group is set to take over the Starbucks business in Asia from Maxim’s Caterers, it said on Wednesday. DFI indirectly holds a 50 per cent stake in Maxim