Singapore

Hiring cools as employers chase AI skills

Hiring cools as employers chase AI skills

Firms remain eager to pay high wage premiums for proven AI literacy.

Mid-sized public housing captures lion's share of transactions

Market share concentrated in the segment as other flat types remain lower in May activity.

UOB's potential asset management sale could unlock value for wealth push

The bank is likely to reinvest any proceeds to enhance its advisory capabilities.

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.

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

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.

US tariff rebuild poses modest but escalating risk—UOB

The forced labour proposal is only the first plank in a broader tariff rebuild.

Monday Wrap: Telco strain, hiring squeeze, and merger shifts

Education led part-time job market despite an overall sector decline.

STI steadies in June as analyst predicts rebound

The index's resilience follows a volatile April in which the STI touched the psychologically significant 5,000.