News

Shadow AI outpaces Singapore governance controls

Shadow AI outpaces Singapore governance controls

Employee adoption is exposing data and operational risks as firms struggle to track AI use and enforce internal policies.

Core inflation holds at 1.6% in June

Headline inflation grew to 1.9% from 1.8%.

FWD Singapore and Ascend Asia partner on financial advisory services

Firms will collaborate on analytics, technology, and advisory tools.

Keppel DC REIT’s DPU rises 11.3% to 5.714 cents in H1

Distributable income rose 18.5% year-on-year.

MTI overhaul elevates energy under new name, leadership

DPM Gan Kim Yong and Minister Tan See Leng will co-lead the renamed ministry. 

UOB upgrades 300,000 Visa cards to new premium tiers across ASEAN

Eligible cardholders will learn of their new card tiers beginning September 2026.

CAAS commits $4b to air navigation upgrades ahead of Changi T5 opening

AI-powered tools will help controllers predict traffic flows and manage disruptions.

MLT to sell China logistics assets, Singapore warehouse

The Wuxi properties have a combined agreed value of $137.9m. 

PM Wong names Shanmugam Senior Minister in broad Cabinet reshuffle

MTI to be renamed energy ministry as Siow, Neo, and Sim Ann get ministerial promotions.

Universal Robina Corporation expands snack portfolio in Singapore

DKSH Business Unit Consumer Goods will support the distribution and market expansion.

CCS reviews Analogic-Leidos merger over airport security market overlap

The merger overlaps in the supply of checked and cabin baggage explosives detection systems

OUE REIT NPI rises 4.8% to $110.3m in H1

Revenue increased 3.8% to $136.1m during the period.

Category A car COE premiums fall to $126k in July

It recorded 1,590 bids for 1,245 available certificates.

MAS prices $2.6b of green bonds at 2.4% amidst strong demand

Institutional placement attracted an order book of over $4.6b.

CSE Global acquires US telecom solutions provider SEI for $10.3m

The deal was conducted on a cash-free, debt-free basis.

Gyukatsu Kyoto Katsugyu opens third Singapore outlet at Parkway Parade

To mark the opening, children under 10 can dine free for a limited period.