Singapore
Gov’t convenes crisis committee as Middle East conflict hits energy flows
Gov’t convenes crisis committee as Middle East conflict hits energy flows
Immediate efforts are focused on strengthening energy and supply chain resilience.
LNG bunkering rules raise costs and lock suppliers into full value chain
They must own or charter LNG bunkering vessels and secure storage and delivery capacity.
Material cost hikes could cut construction margins by up to 2.4 points: CGS
Fixed-price contracts are leaving subcontractors to absorb initial cost spikes.
Services sector drive 70% of Singapore’s 2025 GDP
Finance and insurance followed with 14.0%.
Daily Markets Briefing: STI down 0.57%; Top stock is DFI Retail
DFI Retail is the top stock with a 1.40% increase.
AcroMeta enters AI trade with new joint venture
AI-driven workflows will integrate logistics, payments, and customs into one digital platform.
SPEED programme to fuel decarbonisation with $250m
Funding will prioritise the power and industry sectors, helping the biggest energy users pivot to sustainable operations.
Western Union completes acquisition of Singtel’s Dash
This marks Western Union’s very first digital wallet acquisition in the Asia-Pacific region.
STI jumps 5.1% in Q1 as dividends lift total return to 5.6%
Amidst global market swings, the STI’s "income-defensive" nature proved to be its greatest asset.
FairPrice rolls out SG’s first supplier AV route
The route links FPG’s distribution centre with Pokka’s Benoi warehouse.
SGTech launches AI-Ready initiative for SMEs
The initiative aims to simplify AI adoption for local firms.
SG well-being improves but trails global gains
New data from Intellect shows Singapore is managing stress better (+10.4%), but well-being gains remain modest.
Yangzijiang Maritime: No HK listing plans at present
The company stated it remains "firmly committed to its listing on the SGX."
Wireless and mobile charging join new EV standard
The new standard also covers battery swapping for heavy vehicles.
GIC elevates key investment heads to executive group
To mark 45 years of investment excellence, the sovereign wealth fund has announced key leadership appointments.
ST Engineering unit bags $600m naval deal
The deal covers the design and platform supply for eight Missile Gun Boats.
Microsoft commits $7.095b to Singapore’s AI push
The funds will build out critical cloud and AI infrastructure through 2029.
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Commentary
What matters for Singapore’s AI future is consistency, not brilliance
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