News

$1b top-up reinforces SG as global startup hub

SIT’s A/Prof Lee says scaling is now as critical as early innovation for startups.

$37b RIE allocation to anchor Singapore’s tech dominance

Experts highlight Budget 2026’s big RIE investment to secure regional manufacturing hubs.

Experts urge role-specific AI pivot over broad training

Adoption alone won't drive productivity, according to one analyst.

Most firms eye AI agents but 38% still lack network readiness: Cisco

AI agent adoption was reinforced after Budget 2026's $1b research push.

Experts warn of security gap as Singapore accelerates AI missions

Factory and medical sensors face cyber risk as the National AI Council drives digital overhaul.

F&B operators to brace for higher costs as EP, S Pass salary floors rise

The minimum salary for EP holders will rise to $6,000, and for S Pass to $3,600.

MariBank links remittances to Weixin Pay via TenPay Global

Users can send salaries and savings via MariBank Overseas Transfers.

LTA slashes PARF rebate cap to $30,000 amidst EV push

The rebate cap encourages safety and pollution control.

MAS expands equity market programme to $6.5b to attract top asset managers

$3.95b have so far been deployed across nine managers under the programme.

New MoM-CPFB scheme to offer low-cost, diversified investments

The new voluntary system will be launched in the first half of 2028. 

STI retreats below 5,000 despite $4b Budget 2026 market boost

Prime Minister Lawrence Wong allocated $1.5 b to the Anchor Fund and $1 b to startups for SGX listings.

Lum Chang Creations' net profit balloons 104% to $11m in H1 2026

Revenue and profit surge as the company posts H1 gains.

New council must bridge security, trust gaps to anchor new AI missions

Two in five firms express data loss via generative AI as a top concern.

Daily Markets Briefing: STI up 0.65%; Top stock is Wilmar Intl

Wilmar Intl is the top stock with a 2.57% increase.

Singapore explores low carbon ammonia bunkering solution

Singapore explores low carbon ammonia bunkering solution.