Singapore
Daily Markets Briefing: STI down 0.54%; Top stock is Wilmar International
Daily Markets Briefing: STI down 0.54%; Top stock is Wilmar International
Wilmar International is the top stock with a 2.19% increase.
Singaporeans hit hard by war-driven cost hikes
Survey finds widespread impact on daily expenses including food, transport and dining.
MAS revokes BSQ payment licence over false disclosures and risk failures
BSQ provided false or misleading in material particulars, MAS said.
GXS Bank and Lion Global launch exclusive multi-asset fund
The fund has a “medium to high” risk level and is exclusively available at GXS Invest for now.
Gardenia to shift bakery production to Malaysia, 141 employees to be retrenched
NTUC-affiliated union says affected workers will receive career and training support.
New national AI missions target four sectors driving 40% of GDP: Teo
Advanced manufacturing, finance, connectivity, and healthcare are key priorities.
HDB rents edge up in April as volumes rise 5.2%
Executive flats led monthly gains.
Condo rents hit record in April on CCR gains
CCR and OCR lead gains whilst rental volumes rise 1.6% month on month.
Social sector’s heavy reliance on state aid risks flexibility
At least half of annual budgets depend on state support.
Seatrium injects $1.7m more into NUS offshore professorship
The top-up brings total contributions, including matching funds, to over $5m.
OpenAI pledges $300m to Singapore AI ecosystem, sets up first overseas lab
It will cover AI priorities in public services, finance and healthcare, among others.
Rockefeller-Temasek coalition pushes nuclear as philanthropic funding lags
Only 0.1–0.2% of climate philanthropy supports nuclear energy.
Singapore accounts for 25% of password stealer detections in Southeast Asia
Kaspersky data shows growing exposure to password stealers and spyware.
New AI-finance programme links students with 20 financial firms
The August pilot will provide applied AI training and industry exposure.
Singapore deepens AI ties with Google to drive public, industry deployment
The deal focuses on scaling AI use in services, research, and workforce training.
Singapore to undergo 2027 int’l review on advanced nuclear readiness
The assessment will evaluate 19 core areas, including safety and waste management.
Singapore injects $19.2m into global facility for Article 6 carbon push
It is the first Asian CTF contributor, joining the UK, New Zealand, Norway, and Sweden.
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Commentary
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