News
Startups double up on AI tools, Aspire says
Startups double up on AI tools, Aspire says
Aspire data showed multi-platform usage doubling as spending patterns shift.
Singapore Airlines Group passenger traffic rises 4.9% in May
Its two carriers recorded a combined 3.6 million passengers during the month.
65LAB backs NUS biotech venture with $2.13m funding
The capital will help advance a treatment candidate for a chronic lung disease.
Private home sales could face June lull after slower launches in May
New launches in July are expected to lift sales after a quieter period.
Seatrium wins ABS nod for offshore ammonia energy hub concept
The hub integrates ammonia fuel, power generation, and vessel charging.
IMDA, Microsoft partner to advance AI safety and security
The collaboration will focus on AI evaluation, information sharing, and trusted access to frontier AI models.
Daily Markets Briefing: STI up 1.02%; Top stock is Jardine Matheson
Jardine Matheson is the top stock with a 4.35% increase.
Singapore to set up OTC gold clearing system by end-2026
This forms part of Singapore’s push to strengthen its role as a trusted gold trading and storage hub in Asia.
Employment growth slows in Q1 as job vacancies dip
Retrenchments inched up but remained within non-recessionary norms, whilst unemployment stayed low.
Singapore’s approach is to keep what works, change what does not: PM Wong
The prime minister said cities must stay pragmatic, adaptive, and open to cooperation amid global uncertainty.
New home sales slump 71.1% in May on fewer launches
Hudson Place Residences was the sole new launch during the month, selling 209 units.
KIT secures EMA approval for Keppel Merlimau Cogen stake buy
The proposed transaction remains subject to unitholder approval at an EGM on 18 June.
Manulife IM Malaysia launches Singapore equity fund
The fund gives Malaysian investors exposure to Singapore equities amid market reforms aimed at improving liquidity.
Cursor sets up Singapore base to match AI adoption pace in APAC
Cursor is hiring locally and partnering with universities as leaders admit AI adoption is still not moving fast enough.
Two HDB shophouses up for sale in Toa Payoh Central and Kovan
Both have commercial space on the first floor and living quarters upstairs.
Pints AI pushes auditable AI into core banking systems with $7.2m
AI banking onboarding dropped 70% across regulated systems.
Home care cost gap strains over two-thirds of caregivers: report
Residents put monthly expenses at $2,400, below actual charges of $3,500.
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Commentary
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