To The Moon

Singapore Exchange (SGX) has conducted numerous discussions with treasury officials from international banks regarding the potential launch of futures contracts linked to specific Asian government bond markets, according to sources with knowledge of the situation. The exchange explored the introduction of these futures for nations such as India, Indonesia, Malaysia, the Philippines, and Thailand, the sources revealed, requesting anonymity due to the private nature of the talks. These instruments enable investors to manage their risk against interest rate fluctuations by agreeing to buy or sell bonds at a predetermined future date on an exchange. These deliberations highlight the increasing investor appetite for the region's debt markets. Indian bonds have been progressively included in maj

The DBS Chief Investment Office (CIO) team anticipates that gold and defense stocks will deliver strong performance in the current climate of relatively heightened geopolitical tensions. Although DBS investment strategist Goh Jun Yong believes the US action against Venezuela will not impact energy prices, he contends it will lead to a "chronically elevated" state of geopolitical friction. "What Venezuela truly confirms for us is that the US currently has a greater tendency to take military action when it encounters something it disapproves of," stated Goh. "In such an environment, gold is positioned to perform exceptionally well," he added during the bank's first-half 2026 outlook briefing. "I believe defense companies are really going to excel, irrespective of whether military action actu

Market SnapshotSingapore stocks opened higher on Tuesday. STI rose 0.4%; Seatrium, Keppel, Singtel, and SGX rose about 1%; OCBC rose 0.7%; DBS and UOB rose 0.2%.Stocks in Focus$Thomson Medical(A50.SI)$: The mainboard-listed group on Monday announced that it has appointed Tong Kooi Ong, 66, as its independent, non-executive chairman to its board, effective Feb 1 this year. Tong succeeds Ng Ser Miang, 76, who steps down on Jan 31. Ng has been the chairman of Thomson Medical since 2015. The counter closed 1.6 per cent or S$0.001 lower at S$0.062 prior to the news.$Vin’s Holdings(VIN.SI)$: The car dealer on Monday launched a S$20 million multicurrency commercial paper facility programme to be issued entir

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