News
Jurong mega GLS site could fetch over $2b in bids
Jurong mega GLS site could fetch over $2b in bids
Developers are expected to form consortiums for the 1,200-home mixed-use project.
June manufacturing PMI hits nearly eight-year high at 51.3
AI-driven chip demand continued to support production and order inflows.
Seatrium starts exporting power from floating LNG-battery lab
Surplus electricity from the platform can support around 1,500 four-room HDB households.
ISCA-IMDA programme targets AI upskilling in accountancy, finance
AIxAccountancy to cover ChatGPT, Claude, and Gemini for finance workflows.
Monday Wrap: Gold ambitions, office crunch, and anti-fraud collab
Meanwhile, capital preservation tops investors' priorities.
Daily Markets Briefing: STI up 0.52%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 3.19% increase.
Digital banks bet on AI to unlock outsized ROI
However, AI is everywhere except in ROIs.
Maybank cuts STI target to 5,500, keeps re-rating thesis intact
It cited dowgrades in market earnings per share due to high energy costs.
Singapore captures 94% of Southeast Asia tech funding in H1
Regional funding reached $9.55b as mega rounds outweighed fewer investment deals.
HDB resale supply to improve as 13,000 flats become eligible: report
The figure is up 93% from around 6,980 units last year.
S-REITs accelerate asset recycling amidst yield pressure
REIT index rises 0.4% whilst retail names lead sector gains.
URA puts Jurong Lake District's Town Hall Link site up for tender
It carries a total potential GFA yield of 186,139 square metres.
MAS proposes framework to govern AI agents
AI agents in finance now act faster than humans can directly intervene, MAS said.
Human oversight remains central as insurers adopt agentic AI: valantic
Agentic AI handles verification and analysis whilst people make final decisions.
Renewed EnterpriseSG-JETRO pact expands into AI, biotech, and energy
SMEs and corporates gain access via business matching and ecosystem linkages.
Real estate investments set to pass 2017 peak as H1 hits $35.2b
Commercial deals captured 50.7% of first-half investment volumes.
Consumers ‘quiet quit’ unreliable brands rather than post bad reviews
Over half would stop purchasing products or services entirely.
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