News

ACRO-HT Q1 NPI drops 13.9% to $4.5m as portfolio shrinks

Lower revenue and higher costs weighed on performance after asset divestments.

F&N's H1 net profit slips 3% to $81.6m on higher tax expenses

A $65.8m adverse foreign exchange impact pressured the group's top-line performance.

Competition watchdog clears Zuellig Pharma deal for Lilly’s Cialis assets

CCS said the deal is unlikely to lessen competition in the ED medication market.

Centurion Accommodation REIT posts 2.4% NPI rise to $37.5m in Q1

Higher occupancy and rental rates lifted earnings above prospectus forecast, supported by PBWA and PBSA portfolios.

Firms embrace physical AI but struggle to scale, report says

Capgemini finds 76% engagement, MOM data shows most firms still early-stage users.

No plans to raise late retrenchment notification penalties: MOM

Compliance rose to 80% last year, up from 70% in 2024.

MAS convenes banks as autonomous AI cyber risks escalate

Officials are monitoring Anthropic’s Mythos and its ability to identify vulnerabilities.

New Bill to merge workforce agencies amidst AI, economic shifts

The SWDA will gain legal authority to issue mandatory guidelines for career providers.

Singapore consumers increasingly open to AI delegation: EY

About 44% would let AI resolve customer service issues, whilst 33% would use it to apply discounts or redeem points automatically.

F&B sales rise 2.3% in March

Total F&B sales reached $1.6b, whilst online sales made up 20.6% of the total.

Retail sales rise 4.8% in March

Total retail sales reached $4.7b, whilst online sales made up 15.7% of the total.

Employers still face tech hiring challenges amidst AI skills shift: report

Data analytics and data science roles are the hardest to fill, whilst employers turn to upskilling and flexible talent models.

Singapore firms see region’s sharpest spyware attack surge

Spyware detections against Singapore organisations more than doubled in 2025, whilst Southeast Asia recorded an 18% rise.

Daily Markets Briefing: STI down 0.08%; Top stock is FLCT

Frasers Logistics & Commercial Trust is the top stock with a 2.06% increase.

Mistral AI expands in Singapore with HTX partnership, industry tie-ups

The group signed an agreement with HTX, focusing on public safety.

SGX backs Baltic Exchange in Mercuria lawsuit over crude tanker index

The Swiss trader alleges “hundreds of millions” in losses from the TD3C benchmark.