Digital wealth platform Syfe has surpassed S$20 billion in assets under management, a scale milestone supported by investment and trading activity across several markets.
Seatrium has allocated S$200 million to a new share-buyback programme, twice the size of the S$100 million programme it completed at the start of September.
Sea has told Singapore-based employees that MariBank will become the salary-crediting bank for its October payroll, placing a related digital bank at the centre of an internal payment policy. The instruction has drawn questions about employee choice and how far a corporate group should go in directing staff toward an affiliated financial product.
Thailand’s weekly arrivals rose 5.72% as Malaysian and Japanese holiday travel lifted short-haul demand, although the year-to-date total remained lower.
A Shanghai vehicle-to-grid exercise shows privately owned electric cars can support peak demand, advancing China’s distributed-energy opportunity.
Singapore’s labour market kept expanding in the second quarter, but higher retrenchments, fewer vacancies and slower re-employment reveal growing selectivity.
AI chips, high-bandwidth memory and advanced packaging are driving semiconductor growth, while consumer and automotive recovery remains less consistent.
New World Development has secured exchange approval for a US$570 million Shanghai REIT as it seeks liquidity and a more sustainable debt profile.
Hygon’s new CPU1000-series processor targets robotics, machine vision and industrial edge computing as China expands physical-AI investment.
Blackstone believes India is nearing a foreign-capital tipping point, supported by economic growth, market development and a deep technology workforce.