To The Moon

On January 11, Nguyen Hoa Binh, Vietnam’s Standing Deputy Prime Minister, visited UOB during his official trip to Singapore, engaging with officials and business leaders to deliberate on the establishment of the Vietnam International Financial Centre (IFC), a project unveiled the previous month. During the meeting at UOB, which was hosted by Deputy Chairman and CEO Wee Ee Cheong, discussions centered on Vietnam's strategic outlook for the IFC, key policy initiatives, and the potential for global financial institutions to contribute to and bolster the growth of Vietnam's financial landscape. UOB, which set up operations in Vietnam over thirty years ago as the first Singaporean bank to do so, regards the nation as one of its pivotal regional markets. “As a locally incorporated institution to

Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.2%; DBS rose 0.8%; Keppel rose 0.7%; SGX rose 0.5%; OCBC rose 0.3%; UOB rose 0.2%.Stocks in Focus$Singapore Exchange(S68.SI)$ (SGX): The Monetary Authority of Singapore (MAS) on Friday proposed various legislative and regulatory changes to facilitate the establishment of the SGX-Nasdaq dual-listing bridge. MAS is seeking feedback on using a single prospectus for a dual listing as well as proposing an amendment that will enable earlier engagement of retail investors after an initial public offering is lodged. SGX shares closed S$0.20 or 1.2 per cent higher at S$17.51 on Friday, before the news.$Nam Lee Pressed Metal Industries(G0I.SI)$

Singapore shares jumped this week, with the STI rising 1.9%.In terms of individual stocks, $Man Oriental USD(M04.SI)$, $Comba(STC.SI)$ rose 22%; $CMS(8A8.SI)$, $CityDev(C09.SI)$, $JMH USD(J36.SI)$ rose 11%; $UMS(558.SI)$ fell 17%; $NIO Inc. USD OV(NIO.SI)$ fell 12%; $YZJ Maritime(8YZ.SI)$ fell 8%.Market NewsComba Telecom Issues New Shares on Director Option ExerciseThe latest announcement is out from Comba Telecom Systems Holdings.Comba

Market SnapshotSingapore stocks opened lower on Friday. STI down 0.3%; Golden Agri-Res up 2%; OCBC down 2%; ST Engineering down 1%.Stocks in Focus$China Aviation(G92.SI)$: Its parent China National Aviation Fuel (CNAF) will merge with Chinese state-owned oil and gas enterprise Sinopec, the group’s board said on Thursday. If the merger goes through, Sinopec is expected to absorb all of CNAF’s assets and operations, reported Bloomberg. Shares of CAO closed flat at S$1.65, before the announcement.$Geo Energy Res(RE4.SI)$: The Indonesian coal producer announced its acquisition of majority stakes in two Indonesian shipping companies. This comes as resolutions related to its acquisition of 51 per cent stake

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

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

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

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

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

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