News

CICT completes acquisition of Paragon

CICT completes acquisition of Paragon

The trust fully utilised the $750m raised through its private placement to help finance the deal.

iWOW completes acquisition of The Gentle Group

The target company has become a wholly owned subsidiary following the completion of the deal on 1 July.

NIO deliveries jump 63% in June

The electric vehicle maker delivered 107,658 vehicles in the second quarter, up 49.4% YoY.

Gprnt, SGX enhance ESGenome climate reporting platform

The upgraded portal will help listed companies meet ISSB-aligned disclosure requirements.

Singapore ranks second in 2026 global relocation index

The city-state topped the entrepreneur and tax-friendliness rankings but scored poorly for housing affordability.

Koh Brothers Eco gets in-principle nod for Mainboard transfer

The proposed move from Catalist remains subject to regulatory and shareholder approvals.

Singapore IPOs test pipeline depth after S$3b proceeds

SGX nears 30 listings as issuers weigh broader sectors beyond trusts and data centres.

Singapore employers face talent split as AI hiring tightens

Specialist roles remain candidate-led whilst workers prioritise flexibility stability and development.

Agentic AI tests Singapore governance as workflows expand

Firms are adopting AI agents for productivity while governance gaps raise questions on control and accountability.

Singapore data centres balance AI growth with energy limits

Humidity and limited natural cooling make tropical facilities harder to optimise at scale.

DBS and Samsung Securities ink wealth MOU for mutual market access

DBS clients will be able to invest in Samsung Securities’ solutions.

Grab takes full stake in US digital finance firm Stash

Payment for a 50.1% equity interest was made at closing.

Oil price slide could lower Q4 electricity tariffs by 8%: UOB

The bank keeps 2026 core inflation forecast at 1.9%.

GuocoLand secures $634.7m green loan for Lentor Central

The company will develop three towers with about 533 units.

EGP Energy files for proposed SGX Mainboard IPO

UOB Kay Hian will be the sole bookrunner and underwriter.

Employers face 65 lost workdays per staff as mental health strains productivity

Financial strain and culture gaps also deepen workforce risk across firms.

SGX to allow omnibus broker custody accounts from 15 July

Broker custody account openings outpaced direct CDP accounts six to one.