Singapore

KFin Technologies reports 30% revenue growth in FY25, acquires Singapore firm 
Singapore

KFin Technologies reports 30% revenue growth in FY25, acquires Singapore firm 

The shares of KFin Technologies Limited were trading at ₹1,280.80 up by 41.60 or 3.36 per cent on the NSE today at 10.06 am as KFin Technologies Limited announced a 30.2 per cent year-on-year increase in revenue from operations to ₹10,907.5 million for the fiscal year ended March 31, 2025. The financial services platform reported a profit after tax of ₹3,326.3 million, up 35.2 per cent compared to the previous fiscal year, with PAT margin at 30.5 per cent. The company’s board has proposed a dividend of ₹7.50 per share, subject to shareholders’ approval.KFin Technologies has entered into a definitive agreement to acquire a controlling 51 per cent stake in Ascent Fund Services (Singapore) Pte. Ltd., with plans to gain 100 per cent ownership over the next five years. This acquisition aims...
Singapore’s economy will experience a demand shock due to U.S. tariffs: MAS
Singapore

Singapore’s economy will experience a demand shock due to U.S. tariffs: MAS

U.S. tariffs will have multiplier effects that will "generate a broader negative income and demand shock to the Singapore economy", the Monetary Authority of Singapore said in its macroeconomic review released on Monday. As well as the direct impact of a 10% baseline tariff on Singapore's exports to the U.S., its second-largest export market, there will also be indirect effects from the tariffs levied on other countries, the central bank said. The MAS said the tariffs were a production tax on producers and exporters that would impact corporate incomes and profits and constrain aggregate demand in the city-state. Singapore, which ran a trade deficit with the U.S. last year, has a lower "reciprocal" tariff rate than other Southeast Asian countries, although Washington has suspended...
Singapore

Amid Growing Global Trade Risks, Interest in Singapore’s High-Yield Stocks

Singapore’s Investment Appeal Amid Global Trade TensionsAs global trade tensions rise and new tariffs take effect, Singapore’s high-yield stocks are increasingly attractive to investors seeking stability. While worldwide equity markets face potential volatility, Singapore’s telecommunications, infrastructure, and real estate investment trusts (REITs) are drawing more capital due to their defensive characteristics and reliable dividend payouts. Macroeconomic Stability and GrowthSingapore’s macroeconomic stability and consistent regulations make it a financial safe haven. In 2025, the Singapore dollar appreciated by approximately four percent against the U.S. dollar, providing relative currency protection. Additionally, the Straits Times Index (STI) saw a year-to-date return of 1.18 perc...
The Argument for a Third Sovereign Wealth Fund: Singapore’s Next Step
Singapore

The Argument for a Third Sovereign Wealth Fund: Singapore’s Next Step

Singapore’s sovereign wealth management ecosystem, comprising the Government Investment Corporation (GIC), Temasek Holdings, and the Monetary Authority of Singapore (MAS), has been instrumental in securing financial stability and generating long-term returns. However, the shifting global economic landscape necessitates a third sovereign fund—one specifically designed to capitalize on high-growth opportunities in the Global South while accelerating domestic innovation. As global economic power disperses — the Global South an emergent pole —and the dynamics of investment evolve, Singapore must proactively adapt to sustain its financial influence. The creation of a third sovereign fund would serve as a strategic tool to: Expand Singapore’s economic reach into high-growth but underinves...
Singapore Business Review International Business Awards 2025 honor FUJIFILM Business Innovation Singapore.
Singapore

Singapore Business Review International Business Awards 2025 honor FUJIFILM Business Innovation Singapore.

FUJIFILM Business Innovation Singapore was honoured for transforming Changi Airport Group’s (CAG) maintenance operations with its innovative Asset Inspection and Management System (AIMS), designed and curated by CAG’s Engineering Development Group (E&D) Innovation & Process Enhancement (IPE) team over a six-year journey. This was a win-win collaboration, where the E&D IPE team used their subject matter knowledge of CAG’s operations to jointly develop an “all-in-one” Asset Management digital tool with FBSG. FUJIFILM Business Innovation Singapore won the IT Services accolade at the Singapore Business Review (SBR) International Business Awards 2025 after it successfully streamlined operations for CAG’s E&D team through the use of AIMS. The newly implemented solution aut...
Decentro expands in South Asia with Singaporean company DigiAlly.
Singapore

Decentro expands in South Asia with Singaporean company DigiAlly.

Financial infrastructure firm Decentro partnered Singapore-based fintech DigiAlly to ramp up presence in Southeast Asia, launching a business credit underwriting solution. The partnership will enable the Bengaluru-based company to enter global markets such as Singapore, Vietnam, South Korea, Australia, The Philippines, Indonesia, and deepen presence in India. Decentro launched a unified business financial intelligence suite that enables companies in the banking, financial services, and insurance (BFSI) sector to analyse financial reports and trade history. It also allows verification of data into a single sheet.
A query from traders The Sanctuary Status of Singapore as a Tariff Crater Stocks
Singapore

A query from traders The Sanctuary Status of Singapore as a Tariff Crater Stocks

Welcome to this special issue of the Singapore Edition newsletter. I’m John Cheng, Asia stocks reporter in Singapore, with a roundup on the market turmoil in our region triggered by US President Donald Trump’s shock tariff announcements last week. Sign up here for future editions. Lower down, I’ve added links to our best coverage from across Asia Pacific and world. Tariffs Test City-State’s Haven StatusSingapore’s status as an oasis of stability in times of crisis is being severely tested, as traders grapple with the worst stock selloff since the Global Financial Crisis. The Straits Times Index Monday fell 7.5%, in its biggest drop since Oct. 2008, with all 30 members of the benchmark in the red. True, Singapore isn’t the worst performer in Asia Pacific: Hong Kong’s Hang Seng Ind...
Singapore becomes a haven for companies and investors fleeing tensions between the US and China.
China, Market, Singapore, USA

Singapore becomes a haven for companies and investors fleeing tensions between the US and China.

Its reputation of political neutrality — and strength in life sciences — is making Singapore a favoured launchpad for western investors and Chinese startups. Two years ago, Polaris Partners, the investment arm of US pharmaceutical company Polaris, opened an office in Singapore as it started to ramp up investments in the Asian country. “Singapore has an extraordinary ecosystem,” says Amy Schulman, managing partner at Polaris Partners. “It has first rate science that gets a good amount of government support. It has terrific intellectual property protection, and it has organised rule of law system that makes things very appealing.” Singapore’s favourable tax system and English-speaking business community have also made it an ideal jumping off point for international companies se...
Singapore Stock Market May Extend Gains On Positive Sentiment
Market, Singapore

Singapore Stock Market May Extend Gains On Positive Sentiment

The Singapore stock market, represented by the Straits Times Index (STI), ended a three-day losing streak on Thursday, closing 25.36 points or 0.67% higher at 3,806.57. Gains were led by financial and property stocks, while industrial counters showed mixed performances. Top performers included DBS Group, which rallied 1.13%, and Hongkong Land, which rose 1.20%. Comfort DelGro gained 0.72%, while SingTel advanced 0.97%. However, Seatrium Limited fell 1.33%, and Keppel Ltd shed 0.45%. The positive momentum is expected to continue, supported by upbeat global cues as European and US markets closed higher. This optimism comes ahead of the Lunar New Year holidays, with analysts expecting Asian markets to follow suit. Additionally, Singapore’s industrial production data for December...
Home prices in Singapore increase 2.3% as market speculation increases.
Market, Singapore

Home prices in Singapore increase 2.3% as market speculation increases.

Singapore home prices rose at the same pace as initially estimated in the last quarter of 2024, amid analyst forecasts that the government may intervene to cool the market this year. Private residential prices climbed 2.3% in the fourth quarter from the previous three months, according to final figures released by the Urban Redevelopment Authority on Friday, matching an earlier estimate. For the whole of 2024, prices rose 3.9%. Rents for private homes – closely watched by expats and locals alike – were unchanged from the previous three months, when they gained 0.8%. It contributed to a 1.9% fall in rents in 2024, the first drop since 2020. The resurgence in residential values was driven by a flurry of projects released around the end of last year. Lower interest rates attract...