News
Revolut opens Collyer Quay office amidst $350m expansion push
Revolut opens Collyer Quay office amidst $350m expansion push
The fintech plans to exceed 300 employees locally within three years.
Jurong Island's 200 MW battery system excluded from power reserves
The facility can discharge for one hour at its maximum power output.
Borrowing rate stays low at 1.2% despite higher US yields: MAS
The three-month compounded SORA remained below its 10-year average of 1.5%.
Singapore’s 9.25-GW import approvals yet to break ground
No approved project has reached financial close or commenced construction.
Prudential plan eases protection gap for caregivers
Children receive lifetime cover whilst parents gain protection for specified age-related conditions.
Daily Markets Briefing: STI down 1.63%; Top stock is Hongkong Land
Hongkong Land is the top stock with a 2.73% increase.
Consumers open to AI, demand stronger safeguards
Only 32% are likely to let AI make decisions independently.
CCS seeks views on KONE’s proposed TK Elevator deal
It is looking at the potential impact on elevator and escalator installation amongst pthers.
AI phishing hits 58% despite high detection: Yubico
Phishing detection reached 59%, above the 53% global average.
Singapore tech firms raise $12.4b in 9M 2026 on late-stage rounds
Singapore-based DayOne and Kling AI secured over half of the capital raised in SEA.
IWG brings OpenOffice brand to Southeast Asia with Singapore debut
The brand had previously operated only in Japan, Korea and Hong Kong.
Deluge targets $23.4m gross proceeds in SGX offering
Proceeds are earmarked for infrastructure facilities and operational capabilities.
Singapore proposes amendment to maritime laws to cover cybersecurity
The bill also updates MPA’s regulatory powers to cover drones and autonomous vehicles.
MAS issues AI risk management guidelines for financial sector
MAS plans to consult on additional guidance on agentic AI in 2027.
Always‑on culture grips 63% of employees, Jobstreet says
About 85% of employers expect them to remain reachable outside working hours.
ESR-REIT recovers 75% of outstanding ACFS rental arrears
The remaining outstanding arrears stood at $2.7m (A$3m).
HDB resale prices fall for third straight quarter
This is despite increased buying interest from private homeowners.
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Commentary
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