News
OUE REIT proposes $500m Crowne Plaza Changi Airport sale
OUE REIT proposes $500m Crowne Plaza Changi Airport sale
Unitholders may receive $20m in staggered special distributions.
Singapore's ETAF secures $325m in first close to drive Asia's energy transition
FAST-P will fund grid modernisation and higher-risk energy projects.
DBS lends $273m to ETAFCo amidst push to cut Asia's coal reliance
The loan will fund grid upgrades, battery storage, and renewable assets.
Gov't urged to boost ranks of $1b revenue local firms: ESR
Overseas expansion has become harder amidst trade and supply chain risks.
UOB sets up tech committee to oversee digital strategy
The panel will guide digital strategy and oversee technology risk and operational resiliency.
Sing Lun CEO Mark Lee named SBF chairman through 2028
He was elected by the 13th council formed after the 24th AGM.
Frasers Property proposes $2.1b hospitality portfolio overhaul
Stabilised assets will transfer to TCCGI at a valuation premium.
June BTO exercise draws over 22,600 applicants
Berlayar Rise and Lakeview Cascadia led demand, whilst overall competition remained broadly stable.
Lim Sim Seng to chair new skills and workforce agency
The 12-member inaugural board will oversee the integration of SkillsFuture Singapore and Workforce Singapore.
Daily Markets Briefing: STI up 0.2%; Top stock is Hongkong Land
Hongkong Land is the top stock with a 2.53% increase.
Quantum migration delays expose encrypted data
IBM and NUS warn harvest-now threats are outpacing corporate quantum readiness and cybersecurity upgrades.
Singapore merchants face up to US$1.2b losses from payment failures
Failed transactions and settlement delays expose hidden e-commerce losses for cross-border sellers.
Singapore leads on robot density but returns and talent lag behind
Just over 40% of firms realise value from robotics as deployment outpaces orchestration and skilled talent in Singapore.
HSBC rolls out TradeCash in Singapore
Customers can draw down a loan using sales invoice data.
Transport costs keep inflation elevated despite stable headline rate
May inflation was unchanged at 1.8%.
Lazada trims workforce in Singapore, other Southeast Asia markets
The move affects about 5% of staff as e-commerce sector continues restructuring.
Consortium secures prime River Valley Green residential site in URA land tender
Massive total gross floor area will support a significant volume of new inner-city housing stock.
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Commentary
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