News

Visitor arrivals fall 1.2% to 7 million in January to May

Visitor arrivals fall 1.2% to 7 million in January to May

May recorded the weakest monthly tally so far this year as arrivals from China and Indonesia declined.

Singapore construction firms cut tech tools to boost productivity

Autodesk said companies are prioritising data consolidation.

Singapore mid-market firms lose 23% of AI budgets to complexity

Freshworks said many companies are still stuck in pilots despite plans to raise AI spending.

Singapore accounts for 1% of Asia’s green revenues: LSEG

Asia led the global green economy by revenue, whilst the US remained dominant by market capitalisation.

SDAI secures up to $600,000 loan facility

The proceeds will be used to fund prepayment or payment for AKG products.

Daily Markets Briefing: STI up 0.7%; Top stock is SATS

SATS is the top stock with a 4.07% increase.

Agentic AI exposes Singapore banking oversight gaps

Deloitte and Gartner warn autonomous AI systems are advancing faster than banking controls accountability and compliance oversight.

FairPrice extends $6 return voucher offer to 21 June

The extension covers the group’s third voucher round this year. 

IMDA ramps up AI push as short-form platforms dominate

The agency's $48m programme backs capability upgrade as viewing habits move mobile-first platforms.

No SBF exercise to lift resale demand after October BTO launch: Huttons

HDB is set to launch an estimated 7,970 flats across seven projects.

OCBC rolls out free ESG assessment tool for SMEs

Large companies can request to onboard their SME suppliers.

Heavy AI use meets productivity doubt in Singapore workplaces

Only 15% say that AI will possitively affect job responsibilities.

Category A car COE premiums hit $124k in June

The category recorded 1,768 bids for 1,251 available certificates. 

Economists trim 2026 GDP forecast to 3.5%

Headline inflation is now seen at 2.3%, up from 1.5% in March. 

Singapore to invest in AI public goods as 2027 ASEAN chair: Teo

The plan covers language models and capacity-building.

Gov’t studies AI ‘nutrition labels’ to guide users: Teo

Proposed disclosures would set out an application’s intended use and limits.

Businesses scale back hiring and wage plans as uncertainty clouds outlook

The share of employers expecting to recruit in the next three months fell 10% in March.