Tan Nai Lun

Tan Nai Lun

CORRESPONDENT

Tan Nai Lun is a correspondent with BT, covering the banking and finance sectors. Nai Lun graduated from Nanyang Technological University with a double major in communications and business.

Overall results will likely be flattish or lower, weighed by net interest income, analysts said.
OUTLOOK 2026

Fee income, recovery in loan growth are key drivers for Singapore banks in 2026

But analysts expect overall results to be flattish or lower, weighed down by net interest income

"If you have processes that don’t work well, but you’ve got good people, they’ll know how to fix it and get things done right," said Lee Lung-Nien, Citi country officer and banking head for Singapore.

Citi’s new Singapore chief Lee Lung-Nien on legacy and leading at home

‘I want to be remembered as a good mentor,’ says the 35-year Citi veteran

Doing what I do, I got to make sure that the right capabilities are brought to the right clients at the right time, said Lim Pang Qi, HSBC Asset Management’s chief executive for South-east Asia and Singapore.

Being a good asset manager is like conducting an orchestra: HSBC’s Lim Pang Qi

As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs

Currently, the investments are limited, covering listed equities and bonds, for example. But market players say that it is timely to include digital assets, precious minerals, insurance and family businesses as well.

Expand eligible investments as part of SFO tax framework tweak, industry observers say

Market players say that it is timely to include digital assets, precious minerals, insurance and family businesses

Even in the face of scandals – such as 2023’s S$3 billion money laundering case, as well as the links with Cambodian scam ring operator Prince Group – the Republic has been able to maintain its stature as a global wealth hub.

Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub

MAS likely to go ahead with simplifying the single family office tax incentive framework in the face of rising competition

The benchmark Straits Times Index lost 4.87 points to finish at 4,570.61.

Singapore stocks track Wall Street declines; STI down 0.1%

Across the broader market, losers beat gainers 286 to 236, as 883.5 million securities worth S$1.1 billion change hands

It could be time for investors to carefully assess their exposure to the handful of big American technology stocks that have come to dominate key stock indices.
OUTLOOK 2026

Stock investing in 2026 demands diversification, active approach amid AI boom, geopolitical risks

Markets across Asia are likely to benefit from recent Fed rate cuts as well as a weaker US dollar

The US Federal Reserve met expectations and cut interest rates by 25 basis points overnight.

Short-term market rally likely after Fed rate cut, but analysts say 2026 will hinge on fundamentals

Asia markets end mixed as the STI and KLCI gain, while Hang Seng, Nikkei and Kospi retreat

Across the broader market, gainers trailed losers 222 to 290, after 1.1 billion securities worth S$1.1 billion changed hands.

Singapore stocks end lower amid mixed regional trading; STI down 0.5%

iEdge Singapore Next 50 Index gains 0.3% or 3.91 points to 1,444.66

Singapore has 55 billionaires, with six new additions in 2025, according to UBS’ Billionaire Ambitions Report.

Wealth of Singapore billionaires soars 66% to third-highest in Apac at US$258.8 billion

Apac billionaires include the Zhang brothers behind Mixue; Tron blockchain’s Justin Sun