News

IMF flags structural drag behind low consumption share

IMF flags structural drag behind low consumption share

Household spending has fallen 8 ppt since 1990 as structural factors weigh on demand.

MoneyMax expects stronger H1 profit on pawnbroking growth

Its FY2025 net profit stood at $71.7m, up 87.6% YoY.

Zurich sells critical illness cover through Shopee

Eligible customers receive the Basic option free for the first month during the campaign.

Daily Markets Briefing: STI up 0.51%; Top stock is Jardine Matheson

Jardine Matheson is the top stock with a 4.35% increase.

Prudential targets wealthy clients with $500,000 legacy cover

Policyholders can divide premiums across the S&P 500 and more.

Yang Ming signs MoU with PSA to cut supply chain emissions

The two will also provide verified emissions reductions.

Budget hotels near recovery as wider market lags

High-profile tourists events are expected to underpin demand.

Lentor Gardens hits 54% sell‑through on launch weekend

Six earlier projects sold 99.2% of their combined units.

Prime logistics tightens to 4.3% as new supply stalls

Prime logistics rents are forecast to rise 2% to 3% in 2026.

Grade A rents to climb up to 5% as supply stays tight

New supply is expected to average 1.0 msf against 1.4 msf in long-term net absorption.

Singapore leads Southeast Asia fintech funding with $535m haul

Regionally, total funding slipped 3% to 4% against both H2 2025 and H1 2025.

Private home prices set for 4% growth in 2026

This is fuelled by new launches and HDB upgrader demand.

Over half of firms move roles abroad as AI reshapes hiring

Despite, the city-state reports less acute pressure than other markets.

STT GDC sources 83.2% of electricity from renewables

The data centre operator is working towards carbon-neutral operations by 2030.

Freehold Jalan Besar shophouse on market for $8.5m amidst F&B scarcity

It sits outside the designated Jalan Besar and Little India F&B Restriction Zone.

Batam–SG subsea cable to add over 1.6 Pb/s of data capacity

The project forms plans to develop BBK as a digital hub.

Yeo's names Adrian Ho Mun Loong as new CEO

He has over 30 years of experience in the fast-moving consumer goods industry.