Phillip Sing Income ETF(OVQ.SG)

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Phillip Sing Income ETF
OVQ.SG
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Avanda Investment Management co-founder Sung Cheng Chih to become SGX RegCo’s second chair

Dr. Sung Cheng Chih, co-founder of Avanda Investment Management, will become the new chairman of Singapore Exchange Regulation (SGX RegCo) starting January 1. He succeeds Professor Tan Cheng Han, who served for nearly nine years. Dr. Sung, who has been on the board since January 2025, aims to enhance market regulation and development, following the recommendations of the equities market review group led by Prof. Tan. He emphasizes the importance of SGX RegCo in maintaining the reputation and confidence in Singapore's capital markets.

Businesstimes·
SG
S68
-0.82%
Businesstimes·
SG
S68
-0.82%

OCBC Uses More Treasury Shares for Employee Incentives

OCBC Uses More Treasury Shares for Employee Incentives

marketscreener·
SG
O39
-0.45%
marketscreener·
SG
O39
-0.45%

Dr. Song Chengzhi replaces Professor Chen Qinghan as the Chairman of the Board of the Regulatory Company of the Singapore Exchange | Lianhe Zaobao

Dr. Song Chengzhi will succeed Professor Chen Qinghan as the non-executive and independent chairman of the Singapore Exchange Regulatory Company (SGX RegCo) starting January 1, 2026. Dr. Song will join the company in January 2025 and has previously served as the Chief Risk Officer at the Government of Singapore Investment Corporation (GIC) and was involved in founding Avanda Investment Management. Professor Chen has served on the board for nearly nine years, witnessing the company's growth and market trust, and looks forward to Dr. Song continuing to promote corporate governance and investor engagement

Zaobao·
SG
S68
-0.82%
Zaobao·
SG
S68
-0.82%

Fee income, recovery in loan growth are key drivers for Singapore banks in 2026

Fee income and a recovery in loan growth are expected to be the main earnings drivers for Singapore's DBS, OCBC, and UOB banks in 2026, as net interest income declines. Analysts predict that wealth management will continue to lead non-interest income growth, with potential for other segments to contribute more as interest rates fall. Thilan Wickramasinghe from Maybank Securities noted that this year, non-interest income was primarily driven by the wealth segment, with other contributors yet to emerge.

Businesstimes·
SG
O39
-0.45%
SG
U11
-0.43%
SG
D05
-0.25%
Businesstimes·
SG
O39
-0.45%
SG
U11
-0.43%
SG
D05
-0.25%

More contract hiring, higher foreign labour costs: The trends shaping Singapore’s manpower landscape in 2026

A rise in contract roles is expected in Singapore's labor market by 2026, as hiring sentiment cools amid economic uncertainties. DBS senior economist Chua Han Teng notes that firms are adopting a cautious approach due to ongoing global economic and trade policy challenges. He predicts a slight increase in the unemployment rate to 2.2% in 2026, up from 2% in 2025, reflecting the cautious hiring environment.

Businesstimes·
US
DBSDY
+0.51%
SG
D05
-0.25%
Businesstimes·
US
DBSDY
+0.51%
SG
D05
-0.25%
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