News
Singapore SMEs still rely on cash despite card-heavy e-commerce market
Singapore SMEs still rely on cash despite card-heavy e-commerce market
About 33% of SMEs reported high cash usage, even as cards dominate online payments.
Singapore workers less confident over job security than APAC peers
Only 15% strongly believe their job is safe from elimination.
GIC and Sony Music Publishing acquire 45,000-song catalogue
Blackstone exits catalogue as Sony-GIC venture expands music rights exposure across global assets.
Life insurance payouts hit $5.08b in Q1
Health claims added another $712m, mainly from Integrated Shield Plans.
Genting Singapore Q1 profit halved as gaming revenue weakens
The segment's revenue dropped 8% to $403.4m.
Singapore and China broaden drug oversight deal to cover gene therapies
It alters regulatory pathway structure for emerging medical technologies.
OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia trade
OCBC aims to more than double flows by 2030.
MAS adds Ong Pang Thye to board amidst leadership reappointments
He will link private sector governance expertise with state financial oversight structure.
Industrial market splits as freehold prices rise, leasehold slips
Values climbed whilst deal flow weakened to lowest since 2020.
InCred bolsters Singapore platform with S Cube integration amidst GCC–India wealth push
This extends regulated investment reach across three financial hubs.
Singapore edges up to 47th in Global Business Complexity Index as compliance pressures persist
This placed it in the medium-to-low complexity band.
HSBC Singapore adds health perks for Premier clients via IHH, Raffles Medical
They will receive access to IHH’s Parkway Shenton app and Raffles Medical’s MediWellness facilities.
North Bridge Road commercial building up for sale at $70m
The six-storey property beside Raffles Hotel sits on a 999-year site and offers naming and signage rights.
NTT DATA, HTX partner to boost AI-driven public safety capabilities
The collaboration will focus on frontline response and digital forensics, among others.
Singapore firms modernise IT faster as AI adoption gains pace: PwC
Businesses are ahead of global peers in AI investment appetite and advanced AI use.
Daily Markets Briefing: STI up 0.07%; Top stock is Seatrium
Seatrium Limited is the top stock with a 5.38% increase.
Sun Life Singapore taps CapBridge to distribute indexed life cover to HNWIs
Premiums can be allocated between a fixed interest account and an indexed account.
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Commentary
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