News
Singapore payments to hit $114b by 2030
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.
Singapore Airlines Group passenger traffic rises 4.9% in May
Its two carriers recorded a combined 3.6 million passengers during the month.
65LAB backs NUS biotech venture with $2.13m funding
The capital will help advance a treatment candidate for a chronic lung disease.
Private home sales could face June lull after slower launches in May
New launches in July are expected to lift sales after a quieter period.
Seatrium wins ABS nod for offshore ammonia energy hub concept
The hub integrates ammonia fuel, power generation, and vessel charging.
Daily Markets Briefing: STI up 1.02%; Top stock is Jardine Matheson
Jardine Matheson is the top stock with a 4.35% increase.
Singapore to set up OTC gold clearing system by end-2026
This forms part of Singapore’s push to strengthen its role as a trusted gold trading and storage hub in Asia.
Employment growth slows in Q1 as job vacancies dip
Retrenchments inched up but remained within non-recessionary norms, whilst unemployment stayed low.
IMDA, Microsoft partner to advance AI safety and security
The collaboration will focus on AI evaluation, information sharing, and trusted access to frontier AI models.
New home sales slump 71.1% in May on fewer launches
Hudson Place Residences was the sole new launch during the month, selling 209 units.
Singapore’s approach is to keep what works, change what does not: PM Wong
The prime minister said cities must stay pragmatic, adaptive, and open to cooperation amid global uncertainty.
Manulife IM Malaysia launches Singapore equity fund
The fund gives Malaysian investors exposure to Singapore equities amid market reforms aimed at improving liquidity.
KIT secures EMA approval for Keppel Merlimau Cogen stake buy
The proposed transaction remains subject to unitholder approval at an EGM on 18 June.
Cursor sets up Singapore base to match AI adoption pace in APAC
Cursor is hiring locally and partnering with universities as leaders admit AI adoption is still not moving fast enough.
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Commentary
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?
Do Singapore workplaces mistake silence for leadership?
AI as the new competitive advantage for Singapore’s small retailers