News

Banks urged to turn pricing into a strategic growth lever

Banks urged to turn pricing into a strategic growth lever

A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.

AI governance failures threaten banks’ returns

95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.

Trust Bank taps ecosystem to fuel digital banking growth

The digital lender credits partnerships, not just tech, for its scale to one million customers in under four years

AI avatars Wendy and Wayne debut in OCBC WoW app

New app debuts round-the-clock portfolio insights through virtual advisers.

Singapore strengthens data hub role with new India subsea links

The new capacity targets Asia’s growing cloud, AI, and enterprise traffic.

Over half of InfoSec pros told to keep silent on breaches: report

Nearly 77% fear disabling weaponised tools over business disruption.

HDB to begin Long Island coastal works by year-end

Its first phase will take place in the waters west of Bedok Jetty.

White Sands retail mall sold for $467m

Offers approximately 150,352 square feet of net lettable area.

Households earning at least $30k monthly nearly double in five years

Investment gains rose from 9.6% to 13.5% of total income. 

PLife REIT sells Japan nursing home for $9.4m

The disposal locks in a 38% gain over its 2008 purchase price.

Q3 electricity rates spike 17.5% on elevated fuel prices

Tariffs could ease after Middle East tensions subside, the EMA said. 

Singtel CEO's pay cut 16.9% to $6.8m after Optus, Singapore outages

The salary reduction came despite a stronger financial performance in FY2026.

Lendlease REIT appoints Penelope Ransom as chairperson

The board reshuffle takes effect on 30 June.

UOB-CQT pact explores quantum tools for derivative valuation

The initial phase will focus on path-dependent instruments.

Singapore ranks 6th globally in average wealth in 2025

Median wealth ranked 20th globally at $125,364.

FCT to sell White Sands mall for $467m to repay debt

The trust expects a $32.4m gain from the transaction.