Nikko AM STI ETF

Singapore's 3-month SORA falls to lowest since July 2022

HongkongLand USD released FY2025 Q4 earnings on March 5, 2026 (SGT), actual revenue USD 348.55 M, actual EPS USD 0.2395

HongkongLand USD released FY2025 Q3 earnings on March 5, 2026 (SGT), actual revenue USD 348.55 M, actual EPS USD 0.2395

HongkongLand USD released FY2025 9 Months earnings on March 5, 2026 (SGT), with actual revenue of USD 1.1 B and actual EPS of USD 0.3397

HongkongLand USD released FY2025 earnings on March 5, 2026 (SGT), actual revenue USD 1.448 B (forecast USD 2.206 B), actual EPS USD 0.5769 (forecast USD 0.3236)

Keppel Corporation repurchases 500,000 shares

DBS Group Obtains License for Underwriting Non-Financial Enterprise Bonds in China

Great Eastern Launches Private Client Services for Wealth Preservation and Inheritance

JMH USD to Release FY2025 Annual Earnings on March 10, 2026 After-Market (SGT), Forecast Revenue SGD 45.19 B, EPS SGD 6.9697

UOB Sees 2026 Net Interest Margin Between 1.75%-1.80%

ST Engineering released FY2025 9 Months earnings on February 27 (SGT), actual revenue SGD 9.131 B, actual EPS SGD 0.1377

ST Engineering released FY2025 Q3 earnings on February 27, 2026 (SGT), with actual revenue of SGD 3.215 B and EPS of SGD 0.0095

UOB Expects 2026 Net Interest Margin and Credit Cost

NewTech Engineering Sees 83.6% Drop in Net Profit for H2 FY2025, Operating Profit Up 22.5%

ST Engineering released FY2025 Annual Earnings on February 27 Pre-Market (SGT), Actual Revenue SGD 12.35 B (Forecast SGD 12.33 B), Actual EPS SGD 0.1471 (Forecast SGD 0.1491)

ST Engineering released FY2025 Q4 earnings on February 27 Pre-Market (SGT), actual revenue SGD 3.215 B, actual EPS SGD 0.0095

Newtech Engineering Signs 315 Million Euro Maintenance Contract with Barzan Maintenance Shield

Newtech Engineering iDirect and AiTelecom Collaborating on Satellite Ground System Deployment in Mexico

UOB Repurchased and Canceled 37,000 Shares

SGX repurchases 200,000 shares

Renaissance United

HSI 29200MBeCW260330

XIAOMI MBeCW260703

Geely MB eCW260703

The Place Hldg

HS Optimus

JD MB eCW260703

HSI 28200MBeCW260330

HSI 30800MBeCW260429

AdvancedSystems

OCBC is enhancing support for female entrepreneurs through its Women Unlimited programme, launched in 2024, which offers financing up to S$100,000 and networking opportunities. Female entrepreneurs like Brenda Koo and Regine Sum share their experiences of overcoming challenges in male-dominated industries, emphasizing the importance of community and mentorship. The initiative aims to provide social loans to 10,000 women entrepreneurs across Singapore, Hong Kong, Malaysia, and Indonesia by 2030, fostering a supportive environment for growth and collaboration.

Businesstimes News

OCBC Bank

How OCBC backs women entrepreneurs with financing and networking support

This article reviews the best personal loans in Singapore as of March 2026, highlighting options with the lowest interest rates. It provides details on various loans, including eligibility requirements, interest rates, effective interest rates (EIR), and processing fees. Notable loans include DBS/POSB Personal Loan with rates starting at 1.48%, UOB Personal Loan at 1.00%, and Trust Instant Loan offering quick disbursement. The article also explains key terms like interest rates, EIR, and processing fees, emphasizing the importance of understanding these factors when choosing a loan.

Asiaone

10 best personal loans in Singapore with lowest interest rates (March 2026)

Singapore is reviewing its executive condominium (EC) policy to address rising prices that may be pricing out middle-income families. Minister Chee Hong Tat announced this review during the Committee of Supply debate, emphasizing the need for affordability and fairness. ECs, designed as a hybrid between public and private housing, are under scrutiny as their prices surge. The government aims to ensure that ECs remain accessible to the middle class while monitoring market trends and making necessary adjustments. The review reflects broader concerns about housing fairness and sustainability in Singapore.

Yahoo Finance

STI ETF

FTSE Straits Times Index

YAHOO POLL: Are middle-income Singaporeans being priced out of ECs?

For the trading sessions from Feb 27 to Mar 5, Singapore saw a net institutional outflow of S$41 million, totaling S$148 million for Q1 2026. Notable outflows were from DBS and Sembcorp Industries, while Singapore Airlines and OCBC led inflows. During this period, 26 companies executed buybacks totaling S$131 million, with Singtel leading. Over 130 director transactions were reported, including significant acquisitions by Centurion's CEO and Raffles Medical's chairman. Centurion's FY25 net profit rose 26%, while Raffles Medical's profit increased 13.4%.

Centurion

Raffles Medical

Sembcorp Ind

SingTel

Buybacks and director filings surge following heavy earnings season

Find insight on Singapore lenders, BDO Unibank and more in the latest Market Talks covering financial services.

Financial services roundup: Market talk

The three-month Singapore Overnight Rate Average (SORA) continues to decline, dropping to 1.1160%, the lowest since July 2022. Since the beginning of 2025, SORA has cumulatively decreased by more than 190 basis points. Changes in the global economic environment, new tariffs, and the situation in the Middle East may affect interest rate trends, but the specific impact is difficult to predict. Analysts have differing views on short-term interest rates; OCBC Bank believes that SORA may remain low in the short term, but the uncertainty surrounding the US-Iran conflict still leaves the impact on short-term rates unclear

- The three-month Singapore Overnight Rate Average (SORA) has decreased to 1.1160%, the lowest since July 2022, influenced by global changes, including new tariffs and Middle Eastern tensions.  
- Economists suggest that while SORA may remain low due to ample Singapore dollar liquidity, the duration and impact of geopolitical events on short-term rates are uncertain.  
- Analysts have differing views on the future trajectory of SORA, with predictions ranging from gradual increases to further declines depending on the flow of safe-haven funds and monetary policy adjustments.

Zaobao

Three-month SORA declines again, global situation's impact on interest rates remains unclear | Lianhe Zaobao

In the fourth quarter of last year, the year-on-year growth rate of personal disposable income in our country slowed to 1%, while private consumption expenditure accelerated to 4.8%. Personal savings changed from a year-on-year increase of 4.7% to a decrease of 5.1%, marking the first shrinkage of savings since the second quarter of 2024. Analysts believe that the decline in savings may be related to increased consumption at the end of the year, and households may choose to increase savings in response to economic instability in the future. In the fourth quarter, employee salaries grew by 4.8% year-on-year, lower than the 5.1% in the third quarter

In the fourth quarter of last year, the growth rate of personal disposable income slowed down, and personal savings turned from an increase to a decrease year-on-year | Lianhe Zaobao

Sembcorp and Keppel have underperformed following the recent attacks in Iran, with investors advised to be cautious about sustainable investments amid rising oil prices. Shares of renewable energy companies on the Singapore Exchange have struggled in the wake of the US-Israeli conflict, highlighting the complexities of the relationship between renewables and oil prices. The Decoding Asia newsletter offers insights into navigating these challenges in the current global landscape.

Keppel

Issue 185: Sembcorp, Keppel underperform in wake of Iran attacks; Singapore makes climate adaptation plans

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AJBU

X1JU

Keppel Repurchases More Shares Worth SG$2.4 Million

marketscreener

Keppel Reit

Keppel DC Reit

Keppel Repurchases More Shares Worth SG$2.4 Million

Singtel Appoints Liquidators for Subsidiary

SingTel 10

Singtel Appoints Liquidators for Subsidiary

Singapore stocks closed flat on Friday, with the Straits Times Index rising 0.03% to 4,848.25, down 2.9% for the week. The iEdge Singapore Next 50 Index increased by 0.7%. Regional indices saw gains, with Hong Kong's Hang Seng up 1.7% and Japan's Nikkei 225 up 0.6%. SPI Asset Management noted that risk assets are stabilizing as pressure from the US dollar and oil eases. Among STI constituents, Hongkong Land was the top gainer, while City Developments was the biggest loser. Local banks had mixed results, with DBS and OCBC declining, while UOB rose.

CityDev

Pro Ultrshrt Yen

Singapore stocks close flat on Friday amid cautious calm in Asian markets

KKR-D

KKR & Co is seeking a US$500 million loan to acquire a majority stake in Singapore-based XCL Education Holdings. The five-year loan has an interest margin of 300 basis points over the benchmark Secured Overnight Financing Rate. Leading banks for the financing include BNP Paribas, DBS Bank, HSBC, ING Bank, and Standard Chartered. The deal values XCL at approximately US$1.3 billion, with KKR outbidding other firms for the stake. XCL operates K-12 schools across Southeast Asia and has attracted significant private investment due to rising demand for quality education.

KKR & CO INC 6.25% MAND CONV PREF SHARES SER D

KKR seeks US$500 million loan for Singapore-based XCL Education stake buy: sources

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The Straits Times Index (STI) will remain unchanged after the March 2026 quarterly review by FTSE Russell. SIA Engineering will join the reserve list, replacing CapitaLand Ascott Trust. The reserve list now includes Keppel REIT, NetLink NBN Trust, Sheng Siong Group, SIA Engineering, and Suntec REIT. These changes will take effect on 23 March, with the next review scheduled for June 2026.

Singapore Business Review

SIA Engineering

NetLink NBN Tr

Suntec Reit

Sheng Siong

STI unchanged after March review: FTSE Russell

The Monetary Authority of Singapore (MAS) is reviewing its corporate governance code to enhance boards' roles in value creation and investor engagement. MAS managing director Chia Der Jiun emphasized the importance of the 'Value Unlock' programme, which aims to transform corporate practices. The review will focus on strengthening responsibilities for shareholder value, improving corporate culture, and enhancing disclosure requirements. An SGX investor fair is planned to showcase governance improvements. The Value Unlock programme offers grants to support companies in enhancing investor relations and shareholder value creation.

- The Monetary Authority of Singapore (MAS) is monitoring the progress of the "Value Unlocking" initiative to establish industry standards in value creation practices.  
- MAS President, Tharman Shanmugaratnam, emphasized that the initiative aims to transform corporate practices and outcomes, not just provide training or grants.  
- The review process will address corporate governance guidelines, focusing on enhancing board responsibilities in shareholder value creation and investor engagement, thus aiming to elevate Singapore's corporate governance standards.

MAS weighs changes to corporate governance code for boards’ roles, to monitor ‘Value Unlock’ programme outcomes

The Monetary Authority of Singapore (MAS) has introduced new climate transition planning guidelines for financial institutions, effective September 2027. These guidelines set expectations for banks, insurers, and asset managers to manage climate-related risks and enhance their risk assessment capabilities. Institutions are advised to adapt their business models and governance practices while engaging with customers and investee companies. The guidelines follow feedback from public consultations and aim to ensure a risk-proportionate approach to climate risk management.

- The new guidelines will take effect in September 2027.  
- The Monetary Authority of Singapore issued three transitional planning guidelines for banks, insurers, and asset managers regarding climate-related transition and physical risks.  
- This initiative aims to enhance risk assessment and management capacities, encouraging institutions to adapt their business models and governance structures to manage climate risks proactively.

MAS sets climate transition planning expectations for financial institutions

Recent geopolitical events—specifically the February 28, 2024–2026 escalation involving U.S. and Israeli strikes on Iran and the subsequent retaliatory attacks in the Gulf—have sent shockwaves through global markets.While these events create short-term volatility, they actually reinforce the &#34;Singapore Thesis&#34; for long-term investors. Why Singapore Wins in a Volatile WorldThe &#34;Neutral&#34; Safe Haven: As conflicts in the Middle East and Eastern Europe escalate, global capital is fleeing volatile regions. Singapore remains the top destination for &#34;flight to quality&#34; due to its political neutrality and the S-Dollar’s legendary stability.Energy Resilience: While the Iran conflict threatens the Strait of Hormuz, Singapore has diversified its energy imports (relying heavily on Malaysia and Indonesia) and maintains massive strategic reserves to buffer against price shocks.The Supply Chain &#34;Lifeboat&#34;: Disrupted trade routes are forcing companies to adopt a &#34;Middle East+1&#34; strategy. Singapore is the primary beneficiary, seeing record FDI as firms move regional headquarters to safer ground.Tech-Driven Growth: With a 2%–4% GDP growth forecast for 2026, the economy is being powered by the AI and semiconductor boom, making it less vulnerable to physical trade disruptions than commodity-based economies.$Nikko AM STI ETF(G3B.SG)$Amova STI ETF SA(GAB.SG)

Amova STI ETF SA