News
Singapore halts Changi Airport T5 construction
Singapore halts Changi Airport T5 construction
The terminal was scheduled to be completed around 2030.
Hyflux and Utico clash over restructuring deal
The water firm expressed that their revised offer may need more time.
Almost half of Singaporeans prefer online payment methods: study
PayNow is the top choice for 18.2% of surveyed consumers.
Daily Markets Briefing: STI up 2.03%
ComfortDelGro led the gains amongst top active stocks with a 3.8% expansion.
Daily Briefing: All travellers to be tested before stay-home notice ends; Companies advised to transform business models
And Beenext launches $152.99m fund for early-stage startups.
Chart of the day: Department store sales crashed 84.6% YoY in April
The shutting of retail stores during the circuit breaker period dragged sales.
Grab lays off 360 employees
It assures affected employees that it will continue to provide them support.
ST Engineering authorised to use drones in aircraft inspection
DroScan was granted the first authorization for unmanned aerial systems.
MOM orders seven workplaces to cease amidst safety lapses
All seven have now been allowed to resume operations.
Singapore sources food supply from Saudi and Poland: report
The country also imports oranges from Egypt and milk powder from Uruguay.
Suntec REIT expects better performance in H2
Its Singapore office portfolio remains resilient with diverse tenant bases.
OUE C-REIT prices $100m notes due 2025 at 4%
The notes are expected to be issued on 24 June and to be listed on 25 June.
Financial institutions may reopen branches, resume in-person meetings: MAS
They must implement all safety measures and maintain a record of meetings.
SIA Group's passenger load factor hit 8.6% in May
SilkAir and Scoot saw the largest declines in passenger carriage.
CapitaLand, OCBC ink Singapore's first SORA-based loan
The $150m three-year corporate loan is part of a sustainability-linked loan.
Lum Chang unit claims $155.5m contract to refurbish Octagon building
The commencement date is expected to be on 3 August.
Singtel's Thai unit not liable to pay $323.62m to local regulator
This follows after AIS filed a lawsuit against Thailand’s NBTC.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia