Welcome to this week’s edition of top stock market highlights.

Singapore’s fibre network

Fretting that your internet speeds are too slow? That may be a thing of the past. The Infocomm Media Development Authority, or IMDA, has pledged to invest up to S$100 million to upgrade the country’s nationwide broadband network (NBN) by 2028. When completed, the NBN will run at higher speeds of up to 10 gigabits per second (Gbps). This investment will also support both the upgrading of front-end user equipment as well as the back-end network from the middle of 2024 to 2026. In line with the rollout of 5G mobile services and faster Wi-Fi connections, the upgrading of the NBN will provide more seamless connectivity and enable Singapore to remain globally competitive, according to IMDA. Companies that stand to benefit include NetLink NBN Trust (SGX: CJLU), which owns and operates the passive fibre network of Singapore’s NBN. Telecommunication companies Singtel (SGX: Z74) and StarHub (SGX:...