Suntec REIT lifted its distribution per unit for the quarter ended 30 September by 13.4% to 2.017 cents, helped by stronger Singapore office and retail operations.
OCBC Lets Singapore Customers Hold Up To RM50,000 In Ringgit Savings
From 23 October, OCBC customers in Singapore can convert and hold Malaysian ringgit in their multi-currency savings accounts, a feature the bank says no other non-Malaysian lender offers.
EnterpriseSG Commits Over S$45 Million To Speed AI Adoption Among Manufacturers
Enterprise Singapore will co-fund manufacturers’ adoption of a curated suite of AI tools under a new three-year Catalytic AI Solutions initiative aimed at SMEs.
OUE REIT Third-Quarter NPI Rises 4.6% As Hotel Revenue Climbs 12.6%
OUE REIT lifted net property income 4.6% year on year to S$59.6 million in 3Q 2026, helped by stronger hospitality revenue and a 12.4% drop in finance costs.
MAS Tightens Rules On Roadshows And Public Prospecting For Financial Products
The Monetary Authority of Singapore will confine financial product roadshows to designated areas and require representatives to get consumers’ consent before pitching, with updated guidelines due in 2027.
Renaissance United Returns To Profit As AI Chip Demand Lifts Q1 Revenue 41%
Renaissance United posted a S$190,000 net profit for the quarter ended July 31, reversing a year-ago loss, as its semiconductor testing arm ESA Electronics more than doubled sales on AI-driven memory chip demand.
Bukit Sembawang Bids For Kallang Distripark Site In S$1.01 Billion Land Deal
Bukit Sembawang Estates will pay S$196 million for about 51,000 sqm at Kallang Distripark, with total land cost of about S$1.01 billion once lease charges are added. The interested person deal needs shareholder approval.
IMDA Rolls Out New AI Programmes With Singtel, Salesforce And Beyondsoft For SMEs
IMDA has teamed up with Singtel, Salesforce and Beyondsoft on programmes offering free trials and training to thousands of SMEs, as AI adoption among smaller firms lags far behind large enterprises.
Thales Names Former EDB And Airbus Executive Derek Cheng As Singapore CEO
Thales has appointed Derek Cheng as Country Director for Singapore and CEO of Thales Solutions Asia, succeeding Emily Tan, who is leaving the group.
Singapore NODX Jumps 68.4% In September As AI Demand Lifts Electronics
Singapore’s non-oil domestic exports rose 68.4% year on year in September, accelerating from August as AI-linked electronics demand and large ship-structure shipments lifted results.