News
Funding freeze hits 33 SEA unicorns; $9b raised in last rounds
Funding freeze hits 33 SEA unicorns; $9b raised in last rounds
Nineteen firms pass 24 months without new rounds as cycles stretch.
Concord New Energy power generation falls 5.4% in May
Wind power generation dipped 3.4% during the month.
Mermaid Maritime, DS Global form JV to reactivate offshore vessel
The deal sets up local platform for reactivation and future deployment of support ship.
OCBC unveils local physical gold service for institutional clients
The bank will offer 12.4kg gold bars alongside 1kg kilobars.
Asiaphos to acquire majority stake in DC Alliance, expanding into data centres
The term sheet covers Tier III facility plus optional capacity build-out rights.
Wee Hur enters Hong Kong student housing with Fortress Hill asset
The 19-storey development will offer 246 beds.
Wi-Fi 7 penetration hits 25% in Singapore, outpacing Asia-Pacific
Study points to ISP bundling and 6 GHz uptake as adoption races ahead of regional peers
Gov’t lifts hotel, hostel restrictions on Upper Circular Road
Beach Road rules are also being eased.
Singapore boosts LEAP engine MRO with SIAEC-Safran partnership
The deal lifts shop visit capacity and strengthens APAC maintenance footprint.
Lum Chang Creations weighs market volatility before Mainboard transfer
Share placement must be completed to meet SGX public float rules.
HDB lines up 2,520 shorter-wait BTO flats in June
Units will be spread across Sembawang and Ang Mo Kio.
Retail sales growth masks softer consumer mood
eToro said April’s headline growth was partly driven by higher petrol prices.
Monday Wrap: Telco strain, hiring squeeze, and merger shifts
Education led part-time job market despite an overall sector decline.
F&B sales rise 0.4% in April
Fast food outlets recorded the strongest year-on-year growth.
Daily Markets Briefing: STI down 0.35%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 2.31% increase.
Retail sales rise 5.4% in April
Total retail sales reached $4.3b, with online sales accounting for 15.4% of the total.
Singtel to partner with DISG to speed up AI transformation
Alliance will support AI talent development, governance frameworks, and enterprise AI deployment.
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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
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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