News

JB Foods revenue soars 57.7% YoY in H1 2026

This was due to higher average selling prices of the group’s cocoa ingredient products.

OKP subsidiary secures $22.6m infrastructure contract at CleanTech Loop

The project is expected to be completed in August 2027.

HBL subsidiaries acquire Australian residential sites for $82.5m

The projects are expected to yield around 1,079 residential lots.

Seatrium net order reaches $16.6b in 9M

The group completed two projects in the third quarter.

Perennial launches sale of 752,014 sq ft Caldecott site for $350m

Perennial is divesting the asset as part of its strategic pivot toward healthcare-focused investments.

Singapore corporates resume workplace investment amid hybrid shift

55% of local organisations still mandate office attendance to some degree.

Singapore retail vacancy dips to 6.9% in Q3

About 540,000 sq ft of new retail space is estimated to enter the market in 2025, down from 679,000 sq ft in 2024.

SG’s digital lending to reach $39b in 2025

Meanwhile, Digital Wealth (AUM) is projected to rise 22% to $44b.

Daily Markets Briefing: STI up 0.59%; Top stock is Jardine Matheson Holdings Limited

Jardine Matheson Holdings Limited is the top stock with a 4.07% increase.

Bukit Timah GLS site launch prices seen at $3,300–$3,600 psf

The site attracted eight bids, with the highest offer of $1,820 psf ppr submitted by HH Investment Pte Ltd.

Singapore marketers lead in AI adoption but lack readiness

Only 47% of Singapore respondents say they are fully confident in their AI knowledge.

Singapore ranks among world’s top three wealth hotspots

The report noted that Singapore’s top marginal personal income tax rate is 24%, lower than other economies.

From apps to ambient: banks urged to embrace 'invisible finance'

Industry players are integrating services into everyday devices and platforms.

DBS chief calls for human-centric approach to AI

It integrates AI across its operations whilst keeping the bank human-centric and trusted.

SMBC rolls out AI tools to assist CFOs, expand financial inclusion

It also plans to create frameworks to ensure AI reliability and transparency.