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.
Stocks and Markets
OCBC Securities Scraps Minimum Commission on Online SGX Trades as Young Investor Activity Surges
OCBC Securities has permanently removed the minimum commission on online SGX trades, as trading by investors aged 30 and below jumped 60%.
MAS Deploys S$1.45 Billion to Five Global Asset Managers, Commits S$20 Million to Boost SGX Liquidity
The Monetary Authority of Singapore appointed five asset managers under EQDP, enhancing market liquidity and attracting international capital.
Singapore’s March non-oil exports rise 15.3% on strong AI-driven electronics demand
Singapore’s non-oil domestic exports rose 15.3% in March, driven by AI demand, especially in electronics, with significant growth in integrated circuits.
GIC Nets Strong Profit from Sunway Healthcare
Singapore’s GIC achieved fourfold profits from its Sunway Healthcare investment, highlighting strong growth and demand in Malaysia’s expanding healthcare sector.
Singapore’s March non-oil exports rise 15.3% on strong AI-driven electronics demand
Singapore’s non-oil domestic exports grew 15.3% in March, fueled by strong AI-driven electronics demand, marking seven months of expansion.
DBS secures licence to underwrite corporate bonds in China market
DBS has secured approval to underwrite corporate bonds in China’s interbank bond market.
Singapore maintains growth outlook despite global uncertainty
Singapore has kept its 2026 growth outlook unchanged despite global uncertainty.