News

June BTO launch may draw application rate of up to 3.5 times: PropNex

The exercise includes 6,952 flats across seven projects.

MPACT prices $200m green notes due 2033

The proceeds will be used to finance or refinance eligible green projects under its green finance framework.

82% of Singapore firms pulled back live AI agents: survey

Despite leading APAC in AI deployment, many enterprises still face reliability, governance, and infrastructure challenges.

Daily Markets Briefing: STI up 1.16%; Top stock is SATS

SATS is the top stock with a 3.21% increase.

Accrelist appoints CEO as China aesthetics strategy takes shape

Derek Cheong will lead the Xiamen clinic plan under the proposed 51% deal structure.

CDL-Hong Realty venture wins Peck Hay Road site for $542.4m

The tender price translates to $20,076.25 per sq m of GFA. 

June BTO launch tilts towards prime, plus flats as standard supply shrinks

Short-waiting-time units and location mix may influence demand patterns across estates.

STT GDC launches first South Korea data centre with 30MW IT load

It was developed through a joint venture with Hyosung Heavy Industries.  

Singapore outpaces global peers in AI-driven work output gains, Microsoft says

It found high adoption and output gains, but leadership alignment still lagged.

Boustead unit secures $60m Australian GIS deal

The deal is expected to lift profitability and EPS for FY2027. 

Jardines Matheson targets $5.1b portfolio recycling by 2030

The group launched a $640.9m (US$500m) share buyback through 2027. 

Key exports rise 38.4% in May on AI-led electronics demand

Re-exports to Taiwan, Thailand, and Hong Kong increased. 

Singapore bets on $35m waste centre, digitalisation drive to boost green economy

New funding, digital tools, and policy updates were announced at Catalyst 2026 gathering. 

Singapore launches $35m centre to tackle toxic industrial waste

NEA, NTU, and NUS will develop recycling, recovery and landfill tech solutions.

MAS tightens M&A rules with 1% cap on target break fees

Bidders issuing “no increase” or “no extension” statements face new restrictions. 

Daily Markets Briefing: STI up 0.78%; Top stock is SGX

SGX is the top stock with a 3.96% increase.