News

UOB sets up tech committee to oversee digital strategy

The panel will guide digital strategy and oversee technology risk and operational resiliency.

Sing Lun CEO Mark Lee named SBF chairman through 2028

He was elected by the 13th council formed after the 24th AGM.

Frasers Property proposes $2.1b hospitality portfolio overhaul

Stabilised assets will transfer to TCCGI at a valuation premium.

June BTO exercise draws over 22,600 applicants

Berlayar Rise and Lakeview Cascadia led demand, whilst overall competition remained broadly stable.

Lim Sim Seng to chair new skills and workforce agency

The 12-member inaugural board will oversee the integration of SkillsFuture Singapore and Workforce Singapore.

Daily Markets Briefing: STI up 0.2%; Top stock is Hongkong Land

Hongkong Land is the top stock with a 2.53% increase.

Quantum migration delays expose encrypted data

IBM and NUS warn harvest-now threats are outpacing corporate quantum readiness and cybersecurity upgrades.

Singapore merchants face up to US$1.2b losses from payment failures

Failed transactions and settlement delays expose hidden e-commerce losses for cross-border sellers.

Singapore leads on robot density but returns and talent lag behind

Just over 40% of firms realise value from robotics as deployment outpaces orchestration and skilled talent in Singapore.

HSBC rolls out TradeCash in Singapore

Customers can draw down a loan using sales invoice data.

Lazada trims workforce in Singapore, other Southeast Asia markets

The move affects about 5% of staff as e-commerce sector continues restructuring.

Consortium secures prime River Valley Green residential site in URA land tender

Massive total gross floor area will support a significant volume of new inner-city housing stock.

SIA taps offshore yuan market via $286.7m notes issue

Net proceeds will fund aircraft purchases and refinance existing borrowings.

Foundation Healthcare targets $242m in SGX debut, Reuters says

The private healthcare group's listing plan is backed by SeaTown.

PropNex names new independent director, reshuffles board committees

Danny Lim joins the board amidst the company’s restructuring.