Daily Debrief: What Happened Today (Aug 6)
Stories you might have missed
DBS has increased its projections for 2026, driven by robust earnings in the first half of the year and the expectation that wealth management and other fee-based businesses will help counteract the effects of reduced interest rates. StarHub and MyRepublic have strengthened their collaboration, with MyRepublic's 4G customers now joining StarHub's network under an expanded agreement.
The number of global talent visa holders in Singapore reached 8,500 in 2025, a significant increase since the Overseas Networks and Expertise Pass (One Pass) was introduced in 2023. CGSI Securities Singapore has launched its inaugural active ETF, which specifically targets the performance of small and mid-cap stocks on the Singapore Exchange (SGX).
This fund, known as the CGS Fullgoal Singapore Next 50 Active ETF, is indexed to the iEdge Singapore Next 50 Index. Venture Corp, a technology solutions provider, reported a 10.3 percent rise in net profit for the second quarter, ending June 30, reaching S$63 million compared to S$57.1 million in the previous year. DBS has identified seven 'deep-value' stocks for investors to capitalize on Singapore's value-unlocking trend, driven by factors such as the recently launched S$5 billion Equity Market Development Programme.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
