Deon Loke

Deon Loke

JOURNALIST

As at Dec 8, multi-currency wallet YouTrip saw total conversion volumes surpass 2024’s full-year total by more than 70 per cent. 

From yen rushes to tariff tantrums: How geopolitical drama drove Singapore’s 2025 FX frenzy

YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business

Medical inflation and demographic shifts have led to surging insurance premiums in Singapore.

Integrated Shield dilemmas: Insurance body tackles consumers’ key concerns

Life Insurance Association answers questions on premiums, riders and when to review IPs

The financial and services sectors are projecting upbeat sentiments, whereas the construction, manufacturing, and wholesale sectors are expecting moderation.

Singapore business confidence for Q1 2026 slides: SCCB

The Business Optimism Index falls to 4.3 percentage points for the period, dipping from 4.5 percentage points in the prior quarter

The fund will focus exclusively on managing prime commercial property assets in Singapore.

Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund

It will be Singapore’s biggest private real estate fund; move follows divestments of other major assets

Central Provident Fund (CPF) members will see interest rates across all accounts remain unchanged for the first quarter of 2026.

CPF interest rates to hold steady in Q1; Basic Healthcare Sum raised to S$79,000

The sum is adjusted annually to keep pace with rising healthcare consumption

On Nov 18, Malaysia’s national power provider revealed that more than US$1.1 billion of electricity had been stolen by crypto miners to power illegal crypto mining – mostly of Bitcoin  – between 2020 and August this year.
BT EXPLAINS

From stealing electricity to heat shielding: Why some go to great lengths to mine Bitcoin

In spite of its price swings, the digital currency remains attractive enough for some miners to break the law to obtain it

The engineering services company on Thursday (Dec 11) announced that it will acquire Australian utilities provider Alinta Energy (Alinta).

Stocks to watch: Sembcorp, CDL, UOL, GuocoLand, Seatrium, Singtel, Hongkong Land

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 12):

Upon completion of the deal, expected on Dec 31, 2025, Keppel Reit’s interest in the property will increase from one-third to two-third.

Keppel Reit to buy HK Land’s one-third stake in MBFC Tower 3 for S$1.45 billion; launches S$886.3 million rights issue

Unitholders entitled to 23 units for every 100 existing units at S$0.96 each; acquisition to affect DPU

Keppel Reit has agreed to acquire an additional one-third interest in the MBFC asset from Sageland, a subsidiary of Hongkong Land.
HOT STOCK

Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake

The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion

CapitaLand Investment announced plans to recapitalise CapitaMall Xinduxin to realise value through its sale as the seed asset to the sub-fund.

Stocks to watch: Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11):