News
Singapore manufacturing hit as US reshoring cuts demand: report
Singapore manufacturing hit as US reshoring cuts demand: report
Notably, 55% of Singapore’s exports to the US are now subject to a 10% tariff, with electronics and machinery forming the bulk of those goods.
Singapore employees rank work-life balance over pay anew
Whilst 62% of respondents reported feeling engaged in their roles, 18% said they felt disengaged.
Singapore investors prioritize nature outcomes over returns: report
44% of Singaporean investors cite environmental outcomes as their leading reason for increasing exposure to nature investments.
AI surge strains energy-hungry data centres
Smarter infrastructure and policy support urged as data storage demands soar.
Over half of Singaporeans are open to AI for critical life advice: report
Only around 1 in 5 are concerned about data security or ethics.
Sembcorp subsidiary issues $300m fixed rate notes at 3.55%
Proceeds will be used for general corporate and working capital needs.
JTC launches Sengkang West site under the IGLS programme
Tenders for the site will close on 19 August at 11 a.m.
ST Engineering divests US-based unit for $371m
The net proceeds of $316m (US$246m) will be used for debt payment.
Xero to acquire US-based SMB bill pay platform for $3.2b
Melio integrates accounting and payments.
URA launches three residential sites for sale
These form part of the 5,030 residential units in the H1 2025 GLS programme.
Frasers Centrepoint Trust issues $200m perpetual securities
The net proceeds will be used for new investments amongst others.
COSCO Shipping gets final approval to build Jurong Island Logistics Hub Phase 2
Construction work officially commenced on 25 June.
COTD: Singapore amongst the top stablecoin sending countries
Business-to-business payments represented the majority of the flows.
Singapore construction prices to rise up to 2% in 2025: report
Overall cost growth in the sector is likely to remain slower than in 2024 due to macroeconomic uncertainty.
Kyndryl launches ASEAN AI Lab in Singapore
The facility will serve as a regional hub for innovation, employing approximately 50 AI professionals.
Developers expected to bid up to $1,300 psf for GLS plots
Huttons noted that the upcoming land supply in more coveted areas may prompt some developers to sit out these tenders.
ACCA updates global qualification with AI and data focus
The new structure will include an integrated learning and assessment model supported by AI-enhanced tools
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