Singapore
Secondary home sales fall 9.6% in Q1 as market activity weakens
Secondary home sales fall 9.6% in Q1 as market activity weakens
Resale housing activity contracted again as quarterly demand weakened.
Industrial production beats forecasts on AI-driven chip demand
UOB said structural AI tailwinds may offset petrochemical disruptions from the Middle East conflict.
Manufacturing output rises 17.6% in April
Electronics led the expansion, supported by robust AI-related demand.
STT GDC, Alibaba Cloud, NTUC to support 1,000 AI users
The initiative will provide AI tools, training, and implementation support for enterprises, developers, and students.
Canberra Drive EC site launched as first tender after new rules
Analysts expect cautious bidding as developers assess the impact of tighter EC ownership and financing rules.
Daily Markets Briefing: STI down 0.82%; Top stock is SATS
SATS is the top stock with a 5.64% increase.
Personal disposable income rises 5.2% in Q1
Personal saving bounced back by 6.7%, reversing a Q4 contraction.
Four Siglap V freehold retail units for sale at $13m
The spaces are fully leased to hair salon and spa tenants for instant income.
Singapore refreshes retail digital plan to drive AI adoption amongst SMEs
It places stronger focus on AI adoption across retail operations.
Only 13% of residents linger in the CBD for leisure
Residents want better walkability, green zones, and after-hours options.
CEOs pivot from expansion to profit amidst energy shocks, EY says
Firms are now focusing on financial flexibility, operational efficiency and productivity gains.
Google Cloud, EnterpriseSG launch SEA AI startup programme
Selected founders can receive up to $447k (US$350k) in cloud credits.
IHH Healthcare core profit up 3% in 2025 as revenue hits $6.6b
Core revenue rose 18%.
High Court rejects UOB late-fee claim after loan recall
The case involved a $556.2k credit line secured by an Oxley Bizhub unit.
Skylink net profit climbs 61.7% to $4.43m in FY26 after RTO effects
Revenue rose 34.1% as leasing and engineering segments drove performance.
Boustead net profit jumps 145% to $232.6m in FY26 on asset sale
Adjusted profit, however, fell 35%, reflecting lower underlying earnings.
SATS profit rises 17% to $285m in FY26 on record revenue
Cargo growth and food services lifted revenue.
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