News
Sun Life survey notes dip in insurance ownership claims
Sun Life survey notes dip in insurance ownership claims
Only 8% of Singaporeans are planning more than 10 years ahead.
Mooreast inks deals with Norwegian and South Korean companies
The two agreements will strengthen Mooreast’s global position in the renewable energy sector.
SG and UK collaborate on green Southeast Asia initiatives
A $120m pledge will support the city-state’s FAST-P programme.
Keppel, PacificLight, and YTL to conduct CCS studies for power sector
The initiative facilitates the study of two power sector CCS pathways.
BRC Asia secures $570m contracts for Changi Airport Terminal 5
This brings the company’s total outstanding sales order book to $2b.
King Wan secures $28.3m new M&E contracts
All projects are scheduled to be completed in 2028.
Seatrium subsidiary secures $512m revolving credit facility with UOB
Proceeds will enhance Seatrium’s liquidity and financial flexibility.
COTD: Factory space demand falls despite manufacturing GDP rise
Rental prices also don’t explain the drop in factory space demand.
CBD office rents stay flat despite near-full occupancy: report
Grade A+ office rents in the Raffles Place / Marina Bay precinct rose marginally by 0.2%.
Singapore named most expensive city for the wealthy
This marks the third consecutive year the city-state has topped the index, which tracks the cost of luxury living across 25 global cities.
Only 4 in 10 of Singapore’s wealthy feel ready for health costs
Whilst 94% of respondents said that health is more important than anything else, just 44% believe they will remain healthy and active in retirement.
GDP seen at 2.0% in 2025, but tariffs may halve growth
RHB analysts, however, caution that much of the recent growth appears front-loaded due to early export orders.
UOB raises 2025 GDP forecast
UOB expects full-year growth in 2025 to run slightly above potential, but forecasts a slowdown to 1.4% in 2026.
DCS Card Centre embraces Web3 as superapps reshape payments
A stablecoin conversion card offers a bridge between crypto and cash.
CosmoSteel CEO resigns
The CEO cited personal reasons for his departure.
Frasers Hospitality Trust privatisation gets conditional green light from SGX-ST
The sponsor offered to buy all stakes for $0.71 each in cash last May.
Nordic Group secures $48.7m worth of contracts
The contracts are for engineering and industrial services across multiple sectors.
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