News
Digital Realty wins provisional 50MW slot for Jurong data centre
Digital Realty wins provisional 50MW slot for Jurong data centre
The project will source more than 50% of its power through green energy pathways.
StarHub tops Singapore’s fixed broadband reliability and quality in Q2
The telco also led in upload speed and video experience.
New-home sales rebound 6.4% in Q2 despite fewer launches
Buyers snapped up 2,141 new homes, led by strong demand in the OCR.
Strategic Marine delivers first ferry to Bintan Resort Ferries
The vessel can accommodate up to 293 passengers across two decks.
UltraGreen.ai ready to recalibrate US medical dye strategy
The company’s response will hinge on its rivals’ pricing, distribution, and customer offer.
Azalea raises over $1.27b across three private equity funds
Fundraising includes the group’s first evergreen PE fund.
Visa and Nium test stablecoin payments under MAS’ BLOOM initiative
They aim to plug weekend settlement gaps for 24/7 payments.
Daily Markets Briefing: STI down 0.15%; Top stock is Wilmar International
Wilmar International is the top stock with a 1.35% increase.
Higher income ceilings to lift demand for new flats
The changes are seen as a timely recalibration after seven years of income growth.
OUE Healthcare subject to $0.050-a-share privatisation bid
The offer is 28.2% above OUEH’s last traded price of $0.039 on 21 August.
Joo Chiat shophouses offered for $100m
The seven adjoining properties span 8,442 square feet of land in the heritage precinct.
July inflation rises to 2.2% YoY on higher transport, utility costs
The CPI fell 0.2% month-on-month during the period.
Foreign worker numbers to stay controlled despite business pressure
Work Permit holders are already the largest group of foreign pass holders, PM Wong said.
Four in five critical illness survivors dip into retirement savings
Caregivers reported average recovery spending of $4,922 each month.
DBS, IBF sign first MOU on AI skills for finance sector
More than 11,000 employees have been upskilled in AI-reshaped roles.
EDB, IMDA allocate 200MW to 4 data centre operators
Over 20 proposals competed under the second Data Centre Call for Application.
Gov’t lifts income ceiling for BTO flats to $16,000
EC income cap will also rise to $18,000 from $16,000.
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Commentary
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