News
Manufacturing output rises 7.2% in June on electronics gains
However, chemicals and biomedical manufacturing contracted.
Portfolio assets climb 10.7% to $3.04t on equity gains
Equity and fund holdings rose 14.6%, whilst long-term debt securities gained 7.3%.
Singtel named Singapore’s best mobile network: Opensignal
StarHub led overall download and upload speeds, whilst M1 shared the 5G download-speed award.
Auction listings reach five-year high in H1
Mortgagee sales accounted for 74% of the 292 properties offered during the period.
KPay clinches in-principle approval for MPI licence in Singapore
The company serves over 95,000 merchants in the APAC region.
Daily Markets Briefing: STI up 0.57%; Top stock is Seatrium
Seatrium is the top stock with a 8.92% increase.
7 in 10 unprepared for AI-driven cyberattacks
Only 38% said their organisation provided training on how to use AI whilst avoiding exploitation.
CCS overhauls passenger airline alliance framework
Airline alliance notifications are now streamlined into a three-step approach.
ACRA seeks feedback on sustainability disclosure standards
The standards will keep wider sustainability reporting voluntary.
Raffles Medical net profit falls 9.6% to $29m in H1
Its healthcare services division posted a 16% drop in revenue to $119.5m.
Lawyer attrition stable, but workplace issues persist: Shanmugam
Key difficulties include long hours and derogatory or unfair treatment in court.
Scarcity and first-mover advantage drives uptake on Dunearn House
There was also a significant presence of young buyers.
Changi passenger traffic falls 1.5% to 17.2 million in Q2
Southeast Asian routes recorded a 5% decline during the quarter.
COE supply edges up 0.2% as category B quota rises, cat A falls
Larger-car allocation grows by 322, whilst the smaller-car quota drops by 300.
SBF flags pressure from 12.5% US tariff over forced labour
The federation advised companies to review product classifications and assess export exposure.
MTI defends enforcement record after US tariff move
The 12.5% levy covers about one-third of domestic exports.
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