News

LTA awards contracts for 660 electric buses

LTA awards contracts for 660 electric buses

By end-2026, these are expected to replace diesel buses for passenger service.

Hotels to see 3.7% supply increase in next two years: report

The upcoming supply includes 1,000 rooms from the Liang Court and 700 rooms from Resorts World.

CSE Global secures $160.71m of LNG electrification contracts in US

The contracts cover power distribution and control systems work.

Singapore new private home sales slump in November on launch shortage: analysts

Looking ahead, PropNex, Realion, and Knight Frank expect December 2025 sales to remain subdued.

CPF interest rates stay unchanged for January to March 2026

Separately, the Basic Healthcare Sum (BHS) for 2026 will be set at $79,000. 

Soilbuild calls meeting on proposed four for one share split

Responses to material questions will be published by 31 December 2025 at 2:30 p.m.

Stricter AML rules push firms toward advanced tech

MAS’s tougher guidelines raise compliance standards and accelerate AI adoption.

Shangri-La renews Kerry Centre office lease for two years

The lease, which covers two office units and parking spaces, amounted to $8.129m.

ESR-REIT divests eight assets, cuts leverage to 39.2%

The divested portfolio accounted for 6.9% of net property income.

Hutchison Port agrees to Yantian land expropriation

The land between Pinghu South and Yantian Port stations in Shenzen will be redeveloped.

OUE REIT secures $100m loan for capital spending

The funds target working capital and loan refinancing.

Keppel REIT to buy one-third more stakes in Marina Bay tower

It will acquire the stakes an agreed property value of $1.453m.

AI elevates service but humans sustain empathy

31% of Singaporeans expect to use agentic AI in their daily lives within the next year.

LMIR Trust sets management fees at 2% of net property income

Fee structure unchanged under new 24-month agreement

Singapore businesses reaffirm sustainability focus amid market volatility

Cost considerations and return on investment remain the biggest constraints on further spending.

Singapore leads Southeast Asia green startups as regional hub

Factors such as limited land for renewable energy drive the need for smart energy orchestration, the firm said.