News

Services outlook rebounds for H2 2026

Services outlook rebounds for H2 2026

Accommodation and wholesale trade recorded the strongest business expectations.

AI demand keeps Singapore manufacturers upbeat for H2

Precision engineering led the outlook, whilst chemicals firms remained cautious.

Daily Markets Briefing: STI down 0.79%; Top stock is DFI Retail

DFI Retail is the top stock with a 5.62% increase.

Monday Wrap: SG confidence rebound, MAS surprise, C-suite tech gap

However, inflation is broadening beneath the sentiment recovery, and Singapore's GenAI readiness ranks last in Asia Pacific.

Singapore captures 70% of SEA private equity deals in Q2

ESR Group’s $1.09b equity raise lifts real estate to 90.8% of regional deal value. 

CCS gets up to $1m refund pledge over DNA Brands’ unfair sales tactics

Probe found staff assessed customers’ credit capacity and CPF savings.

Samudera profit drops to $42.6m in H1 on higher operating costs

This comes even as its rebenued climbed 12.2% to $410.0m.

Office vacancy hits region-low at 3.3% as AI firms fuel demand

Prime rents rose 1% quarter on quarter and 2.7% year on year.

Hongkong Land’s Singapore fund to acquire $1.1b Wheelock Place

SCPREF’s AUM to rise to $9.4b from $8.2b upon completion. 

MPACT Q1 DPU dips 2.5% as overseas weakness offsets growth

Singapore NPI rose 1% on higher contributions from VivoCity.

Seatrium H1 profit more than doubles to $373m

Revenue rose 4.7% to $5.6b as gross margin improved. 

CBD office vacancy falls to 5.6% as rents hit record

Grade A rental growth forecast lifted to 5% as vacancy hit its lowest since Q3 2022.

Jardine Cycle & Carriage net profit slips 2% to $464m in H1

The group sold stakes in Vinamilk and Toyota for $240m and $187m, respectively. 

CAAS awards Thales contract for new air traffic management system

System includes AI-based aircraft arrival and departure sequencing.

MPA completes 1,092-panel solar project at Marina South Pier

System can generate up to 780,000 kWh of electricity annually.

Freehold Pasir Panjang property launched for EOI at $70m

The site could be redeveloped into about 63 boutique homes.