News

SGX backs Baltic Exchange in Mercuria lawsuit over crude tanker index

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

KIT to lift Keppel Merlimau Cogen stake to 90% in $128.1m deal

The deal will boost KIT exposure to Singapore power asset.

SC Ventures secures GSR stake in crypto market push

The fintech company is the first external strategic investor in over a decade.

Industrials capture largest institutional inflows in early 2026, outpacing tech and consumer peers

Turnover, valuations and liquidity strengthen across Industrials sector in early 2026. 

UltraGreen.ai gains Singapore approval for Verdye in regional push

The regulatory clearance anchors UltraGreen.ai's Southeast Asia expansion.

Singapore-New Zealand supply chain pact to keep trade flowing in crises

Cooperation expands into defence and security, focusing on unmanned tech.

H2G Green CEO Pek Hak Bin to step down after one-year term

Its board is now reviewing candidates as it resets priorities across core businesses.

Government calls for public feedback on driverless car framework

Consultation is open until 30 June, with industry players urged to join.

Grab rockets to $120m profit in Q1, up from $10m a year ago

Growth led by deliveries, mobility and lending as GMV hits $6.1b in the quarter.

OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business

The deal is expected to lift its Indonesian unit’s AUM by about 25%.

RINA Singapore hub expansion strengthens maritime innovation pipeline

The company will also add 13 specialist roles within the next three years.

FLCT's distributable income dips 1% to $111.9m in H1 FY2026

Revenue and NPI rose, supported by rental growth and acquisitions.

MAS pilots cross-bank AI models to detect scam risks

All sensitive data used in the exercise will be permanently deleted once complete.

AI boosts productivity for Singapore firms, but adoption remains limited: MOM

About 70.7% of AI-using firms reported productivity gains, whilst 71.5% of firms have yet to adopt the technology.

MTI announces board changes at EDB, EnterpriseSG, and JTC

The changes include the re-appointment of the EDB and EnterpriseSG chairmen and a new JTC board member.

URA awards Dunearn Road site for $533 million

The 99-year leasehold site can be developed for residential use, with commercial space on the first storey.