Singapore
Boustead unit secures $60m Australian GIS deal
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.
SG bank shares fall amidst China crackdown on capital outflows
Maybank sees the recent weakness as an accumulation opportunity.
AI job postings surge to 84,000 in 2025
Around 30,000 more AI positions were added to the labour market in 2025 alone.
Daily Markets Briefing: STI up 0.78%; Top stock is SGX
SGX is the top stock with a 3.96% increase.
Job vacancies slump to 12-month low of 73,300
Job openings stood at 80,100 in March 2025 before declining to their lowest point in a year.
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.
Singapore Airlines Group passenger traffic rises 4.9% in May
Its two carriers recorded a combined 3.6 million passengers during the month.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
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