News
ARA plans partial takeover of Cromwell Property
ARA plans partial takeover of Cromwell Property
An offer will be made to acquire 29 Cromwell securities for every 100 owned at a cash price of $0.90 per security.
MIT secures $410m from oversubscribed private placement
It was approximately 8.2 times covered at the top end of the issue price range.
General Elections to take place on 10 July
President Halimah Yacob dissolved the Parliament and issued a Writ of Election.
UNL bridges gaps for under-addressed locations
The mapping tech startup gives places a unique universal address to make them digitally fit.
KIT, Keppel Energy nab $700m sustainability-linked loan
This will be used for its jointly owned gas-fired cogeneration plant.
Oil trader Hin Leong has no future as independent company: PwC
The accounting firm found a number of irregularities in the oil trader’s finances.
Hong Leong Finance rolls out business loan campaign
This is said to help SMEs with cash flow issues.
SOS to earmark over $1.5m for crew change support
This will be used to defray costs for seafarers staying at the Seacare Hotel.
Chart of the Day: Non-landed purchases across all residential status slid in Q1
Foreign purchasers recorded the largest fall of 26.1%.
Daily Markets Briefing: STI up 0.2%
Wilmar International led the gains amongst top active stocks with a 7.73% expansion.
Daily Briefing: Property firms expect more transactions in Phase 2 reopening; Sparrow raises $4.86m series A led by BitMEX owner
And stricter requirements for embalmers under new rules for licensed funeral parlours.
Cleantech Solar bags $104.36m green loan for 500MW solar projects
Proceeds will be used to finance its expansion across Southeast Asia.
MAS received Wirecard's license application
It is operating under exemption until the Payments Services Act is enforced.
Yangzijiang Shipbuilding secures new orders worth $141.95m
These orders include two LNG-tank carriers and two 56,000DWT bulk carriers.
Frasers Property Retail mall traffic surged up to 80% over weekend
Enhanced safety measures are in place across all 14 malls.
IT startup Horizon Quantum Computing ups seed round to $4.5m
The fresh funding will be used to launch its quantum software development tools.
Singaporeans slash cash use by 67%
Contactless cards are now the preferred method in the Lion City.
Commentary
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions