TigerNews_SG

    • TigerNews_SGTigerNews_SG
      ·09:06

      SG Morning Call | Singapore Interest Rates Could Bottom Out in Second Quarter of 2026: UOB

      Market SnapshotSingapore stocks opened higher on Thursday. STI rose 0.1%; Golden Agri-Res up 2%; SingPost, Singtel up 1%.Stocks in Focus$Frasers Cpt Tr(J69U.SI)$: The trust’s manager announced its entry into a S$400 million green loan facility. It involves a green term loan and revolving credit facilities, in an agreement between the trust and lenders DBS, OCBC and Maybank. The manager said around US$2.68 billion in facilities would be affected if mandatory prepayment were to occur. Units of FCT closed S$0.01 or 0.4 per cent lower at S$2.27, before the announcement.$CapitaLandInvest(9CI.SI)$: The asset manager on Thursday announced that capital partner CapitaLand Southeast Asia Logistics Fund has bou
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      SG Morning Call | Singapore Interest Rates Could Bottom Out in Second Quarter of 2026: UOB
    • TigerNews_SGTigerNews_SG
      ·01-07 16:02

      Singtel Shares Dip Amid 50Gbps Fiber Trial, Raising Investment and Growth Concerns

      Singapore Telecommunications Ltd (Singtel) shares declined approximately 2.4% to S$4.43 during Wednesday afternoon trading, as the telecom operator advanced with a 50Gbps fibre broadband trial announced earlier this week. The stock fluctuated between S$4.42 and S$4.56 throughout the session, with its earnings report scheduled for February 18. Singtel has initiated a technical trial for 50 gigabits per second fibre broadband—the first of its kind by an operator in Singapore—without confirming a timeline for a commercial launch. The pilot utilizes XGS-PON (10 Gigabit Symmetrical Passive Optical Network), a fibre access standard, to rigorously test whether networks can sustain significantly higher speeds while maintaining low latency, the delay in data transfer, as households and businesses h
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      Singtel Shares Dip Amid 50Gbps Fiber Trial, Raising Investment and Growth Concerns
    • TigerNews_SGTigerNews_SG
      ·01-07 11:22

      Grab Launches Drone Delivery Pilot for Food Orders Using ST Engineering System

      Grab has initiated a three-month drone delivery pilot program in Singapore's Tanjong Rhu area, partnering with ST Engineering's Unmanned Air Systems business, according to a company blog post on Tuesday, January 6. The Grab drone delivery (Beta) service will be available from Tuesday to Sunday, operating between 10 am and 6 pm, with a capacity for up to 28 drone deliveries daily. Each round-trip flight is estimated to take an average of eight minutes. The service will be suspended during wet weather conditions and on public holidays. Drone delivery offers a solution to geographical challenges that typically hinder delivery speed and efficiency. The Tanjong Rhu neighborhood is isolated from a concentration of restaurants by the Kallang River, which adds significant time to each delivery. Fo
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      Grab Launches Drone Delivery Pilot for Food Orders Using ST Engineering System
    • TigerNews_SGTigerNews_SG
      ·01-07 09:04

      SG Morning Call | Grab Acquires AI Robotics Firm Infermove to Boost Delivery Capabilities

      Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.2%; Nio down 2%; Golden Agri-Res, CityDev up 2%; SGX up 1%.Stocks in Focus$Wee Hur(E3B.SI)$: The property group, on Tuesday, broke ground for the construction of Wycombe Abbey School (Singapore). The international school, in Hougang, is a joint venture with Wycombe Abbey and BE Education. The group’s chief investment officer Goh Wee Ping said that while the group aims to pursue projects opportunistically, there are limits on what it will not pursue, such as data centre projects. The counter ended Tuesday flat at S$0.76, before the news.$Stoneweg EUTrust SGD(SEB.SI)$: The manager announced on Wednesday that the stapled group’s portf
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      SG Morning Call | Grab Acquires AI Robotics Firm Infermove to Boost Delivery Capabilities
    • TigerNews_SGTigerNews_SG
      ·01-06 15:30

      SGX Chief Risk Officer Departs After 12 Years; Deputy CRO to Succeed

      Agnes Koh, the Chief Risk Officer of Singapore Exchange Group (SGX), is set to resign from her position effective March 31. Koh, who was originally appointed to the role back in January 2014, plans to take a brief hiatus and will subsequently return to the group in an advisory capacity starting July. Deputy CRO Ivan Han has been named the CRO designate with immediate effect and will officially take over the Chief Risk Officer responsibilities from April 1. Han became part of SGX Group in 2013, initially serving as the head of foreign exchange (FX) and rates, and was later promoted to head of South Asia equities products. Koh began her tenure with the group in 2005, occupying various positions within the risk management division. Prior to joining SGX, she dedicated over 11 years to managing
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      SGX Chief Risk Officer Departs After 12 Years; Deputy CRO to Succeed
    • TigerNews_SGTigerNews_SG
      ·01-06 12:07

      DBS and OCBC Shares Reach Record Highs on January 6

      Shares of DBS Group Holdings and Oversea-Chinese Banking Corporation (OCBC) surged to unprecedented levels on January 6. OCBC's stock price broke through the $20 barrier for the first time ever, commencing trading at $20.04, while DBS shares reached a fresh peak of $57.48 as of 10:14 am. DBS shares have demonstrated a consistent upward trajectory since the COVID-19 period, with the exception of a dip in April 2025 following the announcement of Liberation Day tariffs. Conversely, OCBC's share price has been achieving new record highs since November 2025, propelled by its announcement of a stable third-quarter net profit of $1.98 billion, driven by increased non-interest income and reduced allowances. However, for the nine-month period concluding on September 30, 2025, the group's net profit
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      DBS and OCBC Shares Reach Record Highs on January 6
    • TigerNews_SGTigerNews_SG
      ·01-06 12:01

      Wife of Wing Tai Chairman Acquires 120,000 Shares, Deemed Interest Rises to 62.34%

      Helen Chow, spouse of Wing Tai Chairman Cheng Wai Keung, purchased an additional 120,000 shares in the company on January 5, with the transaction value remaining undisclosed. Following this acquisition, her total voting shares in the company have increased to 476,339,859, representing a substantial 62.34% of the total ordinary voting shares outstanding. On the day of the transaction, Wing Tai's stock closed at $1.44, marking an increase of 2 cents, or a gain of 1.408%. $(W05.SI)$
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      Wife of Wing Tai Chairman Acquires 120,000 Shares, Deemed Interest Rises to 62.34%
    • TigerNews_SGTigerNews_SG
      ·01-06 09:04

      SG Morning Call | SIA’s Air India Looks for New CEO to Replace Campbell Wilson

      Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.5%; DBS up 1%; Nio fell 2%; ST Engineering fell 1%.Stocks in Focus$Creative(C76.SI)$: Sim Li Ern, the nephew of the company’s late founder Sim Wong Hoo, has been appointed as its new chief executive officer, effective on Monday. He will take over from interim CEO Tan Jok Tin, who will also be stepping down from his role as executive chairman. Shares of Creative rose 0.9 per cent to close S$0.005 higher at S$0.59 on Monday, before the announcement.$IFAST(AIY.SI)$: The digital wealth management platform on Monday said it is proposing to buy a 30 per cent stake in financial advisory firm Financial Alliance Corporation for S$19.6 million
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      SG Morning Call | SIA’s Air India Looks for New CEO to Replace Campbell Wilson
    • TigerNews_SGTigerNews_SG
      ·01-05

      Seatrium's Petrobras 78 Achieves First Oil Production

      On December 31, 2025, the Petrobras 78 (P-78), the inaugural unit among six P-Series floating production, storage, and offloading (FPSO) vessels constructed by Seatrium for Brazil's Petroleo Brasileiro S.A. (Petrobras), successfully commenced its first oil production. First oil signifies the official initiation of production as hydrocarbons are first introduced into the vessel's processing systems. This procedure involves opening a well to initiate the flow of hydrocarbons. The oil then travels through subsea pipelines, ascends via risers, and finally reaches the FPSO, marking the start of production operations. Seatrium announced that this achievement demonstrates the group's successful extension of its comprehensive engineering, procurement, construction, and commissioning (EPCC) capabil
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      Seatrium's Petrobras 78 Achieves First Oil Production
    • TigerNews_SGTigerNews_SG
      ·01-05

      Singtel Trials 50Gbps Fibre Broadband to Future-Proof Singapore’s Networks

      Singapore Telecommunications (Singtel) is currently trialing a 50Gbps XGS-PON fibre broadband service, a technology that dramatically increases the capacity and speed for transmitting data over existing fibre optic lines to both residential and commercial premises. The pilot program will rigorously evaluate the network's performance in increasingly demanding, multi-device environments, which are becoming the norm in AI-enabled homes and workplaces. This 50Gbps technology is poised to unlock ultra-high-definition entertainment and deeply immersive media experiences, supporting everything from today's 8K video to future 12K formats, alongside high-fidelity augmented reality, virtual reality (VR), and extended reality applications. A key design goal is to significantly enhance cloud gaming an
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      Singtel Trials 50Gbps Fibre Broadband to Future-Proof Singapore’s Networks
       
       
       
       

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