News
CDL-Hong Realty venture wins Peck Hay Road site for $542.4m
CDL-Hong Realty venture wins Peck Hay Road site for $542.4m
The tender price translates to $20,076.25 per sq m of GFA.
June BTO launch tilts towards prime, plus flats as standard supply shrinks
Short-waiting-time units and location mix may influence demand patterns across estates.
STT GDC launches first South Korea data centre with 30MW IT load
It was developed through a joint venture with Hyosung Heavy Industries.
Singapore outpaces global peers in AI-driven work output gains, Microsoft says
It found high adoption and output gains, but leadership alignment still lagged.
Boustead unit secures $60m Australian GIS deal
The deal is expected to lift profitability and EPS for FY2027.
Jardines Matheson targets $5.1b portfolio recycling by 2030
The group launched a $640.9m (US$500m) share buyback through 2027.
Key exports rise 38.4% in May on AI-led electronics demand
Re-exports to Taiwan, Thailand, and Hong Kong increased.
Singapore bets on $35m waste centre, digitalisation drive to boost green economy
New funding, digital tools, and policy updates were announced at Catalyst 2026 gathering.
Singapore launches $35m centre to tackle toxic industrial waste
NEA, NTU, and NUS will develop recycling, recovery and landfill tech solutions.
MAS tightens M&A rules with 1% cap on target break fees
Bidders issuing “no increase” or “no extension” statements face new restrictions.
Daily Markets Briefing: STI up 0.78%; Top stock is SGX
SGX is the top stock with a 3.96% increase.
Income Insurance names DBS veteran Lim Sim Seng as chairman
The board shake-up takes effect 1 July as the firm advances governance reset.
Foodpanda adds Sheng Siong for on-demand grocery delivery
Grocery order frequency on its platform has risen 7% since 2023.
Singapore payments to hit $114b by 2030
Transaction value reached $39b in 2023 and is projected to grow 16.3% annually.
Freehold Jalan Ulu Siglap site up for sale at $28m
The 13,523 sq ft property is currently used as a nursing home.
Printing sector posts double national business churn rate
Some sectors see cessations more than double the national average of 85.1.
Startups double up on AI tools, Aspire says
Aspire data showed multi-platform usage doubling as spending patterns shift.
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