Singapore

EDB, IMDA allocate 200MW to 4 data centre operators

Over 20 proposals competed under the second Data Centre Call for Application.

Gov’t lifts income ceiling for BTO flats to $16,000

EC income cap will also rise to $18,000 from $16,000. 

Safeguards pushed as AI agents gain autonomy

An OpenAI test incident underscores risks from systems with less human supervision. 

Maybank and SMF pact eyes manufacturing growth in Johor-Singapore SEZ

This links SMF’s 5,000-plus members to Maybank’s regional network.

PM Wong vows AV rollout will match driver support measures

Two-thirds of taxi drivers are already aged 60 and above, he said.

The next phase of manufacturing AI depends on the network

Manufacturers need resilient connectivity to turn early AI momentum into lasting advantage.

DBS sees millennial wealth clients triple in H1 2026

Investment balances of customers who joined in 2025 grew nearly sixfold.

Gov’t to merge outer islands for future industries

The project will cover Semakau, Bukom, Pulau Sudong and smaller islands.

Undersea tunnels eyed to connect mainland to Pulau Tekong

New transport links are planned for Sentosa, Brani, and Jurong Island.

Singapore to probe wrongdoing but won’t police all supply chains: PM Wong

The government says it will investigate and enforce rules against illegal trade.  

Industrial tenants favour specialised facilities amidst AI boom

Most are prioritising what the space can support instead of how big it is.

Daily Markets Briefing: STI up 0.3%; Top stock is City Developments

City Developments is the top stock with a 1.73% increase.

HDB rents jump 1.7% in July as Executive flats climb fastest

Non-Mature estates are now rising almost twice as fast as Mature ones.

Arcc Spaces opens largest Singapore workspace

Nature-focused design and acoustic features aim to ease workplace fatigue.

Addepar sets up Asia-Pacific headquarters at Marina Bay

The office has warm, neutral tones with sage green and turquoise furnishings.