News

HDB scraps 15-month wait-out period amidst easing resale prices

Private property owners can now buy non-subsidised resale flats without the cooling-era restriction.

Unmanaged AI raises patient risks in Singapore hospitals

Providers need governed tools and hybrid infrastructure as clinical demand outpaces IT controls.

Sanli Environmental secures $60.1m in new infrastructure contracts

Public sector accounted for $57.7m of the total with July deals adding $27.1m.

Frasers Centrepoint Trust's retail occupancy eases to 99.6%

Cost of debt fell to 3.0% as shopper traffic rose 2.4% in Q3.

Keppel divests six rigs to Apollo-backed fund for $1.2b

The group expects $611m in cash proceeds from the transaction.

Shophouse sales hit $193.7m in Q2 even as activity stalls

Deal volume hit a 28-year low in H1 amidst buyer-seller price mismatch.

AI demand shields growth from Middle East oil shock: MAS

Electronics output rose 38% as exports surged 79% in April–May. 

Endeavor opens first Asia-Pacific hub in Singapore

It connects founders with more than 3,000 entrepreneurs across its global network.

KIT distributable income falls 15.3% to $101.1m in H1

Excluding a one-off divestment gain a year earlier, DI rose 1.2%. 

Souper Tang returns to Singapore with Raffles City outlet

The outlet will also offer limited-time Singapore-exclusive dishes.

ESR-REIT H1 DPU up 2.4% on higher core earnings

Net property income fell 2.2% to $162.7m.

Manufacturing output rises 7.2% in June on electronics gains

However, chemicals and biomedical manufacturing contracted. 

Portfolio assets climb 10.7% to $3.04t on equity gains

Equity and fund holdings rose 14.6%, whilst long-term debt securities gained 7.3%.

Singtel named Singapore’s best mobile network: Opensignal

StarHub led overall download and upload speeds, whilst M1 shared the 5G download-speed award.

Auction listings reach five-year high in H1

Mortgagee sales accounted for 74% of the 292 properties offered during the period.

KPay clinches in-principle approval for MPI licence in Singapore

The company serves over 95,000 merchants in the APAC region.