Singapore

New Digital Infrastructure Bill puts data centres under licensing regime

Draft law allows future rules on IT equipment and water efficiency.

Savills expands reach with seven new residential appointments

The appointments bring the firm's residential portfolio to about 65,000 units.

JTC launches Gali Batu dormitory site for tender

The 4.07ha site can accommodate up to 10,000 bedspaces and 3,000 sqm of commercial space.

JTC launches two industrial sites under 1H 2026 land sales programme

The Jalan Besut and 5 Tuas Avenue 13 plots bring total industrial land released under the programme to 6.89ha.

75% of Singapore banking leaders report rising fraud losses

Social engineering scams emerged as the leading threat.

Singapore stocks draw $611m in institutional inflows in June

Financial services led the buying as the STI reached a record high and posted a 13.7% total return for 1H 2026.

Organised fraud forces banks and insurers to pool intelligence

AI alone won't stop it, OCBC warns as criminal networks grow in scale.

Daily Markets Briefing: STI down 0.18%; Top stock is ST Engineering

ST Engineering is the top stock with a 1.64% increase.

SGX SMID-cap firms buy back $5.6m in shares in June

Food Empire led activity with $2.21m repurchased at prices below year-open levels.

Construction workweek contracts to decade low

Paid hours have fallen by 4.7 since 2015, reaching 47.4 hours in 2025.

AI shifting how wealth management solutions are built and delivered at scale

DBS aims to reduce time spent on preparing investment insights from hours to minutes using agentic AI.

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.

Banks urged to turn pricing into a strategic growth lever

A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.

AI governance failures threaten banks’ returns

95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.

AI without guardrails is a losing bet, bank leaders warn

Executives said leadership and governance will determine who captures AI's full potential.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.