News

Oceanus Group, Clearwater to pioneer blockchain-based trade finance

The initiative will utilise Oceanus’ AI-powered finance platform, ODIN.

CICT to develop mixed-use Hougang Central site in deal with CGL and UOL-led consortium

Commercial and residential risks apportioned under SPV structure.

Orchard Area retail rents rise 1.7% in Q4 2025

Retailers flock to high-visibility Orchard locations, boosting rents.

Boustead gets SGX nod for $1.9b UI Boustead REIT

The initial portfolio will comprise 23 properties.

SGX stock market turnover jumps 66% to $34.6b in January

Derivatives total traded volume hit 32.1 million contracts, the highest since March 2020.

NODX growth seen at up to 4% as global trade cools

AI demand and high gold prices provide a buffer against the slowdown.

Income inequality hit lower levels over past decade, MoF reports

The government linked this to income growth and transfers.

Metro Holdings shifts to brand management for int'l labels in Grand Brands Asia launch

The SGX-listed group is moving into brand management to bring new international concepts to Singapore.

Temasek-backed consortium completes ANE privatisation in China freight sector

Takeover brings 38,000 agents and townships under private control as ANE exits HKEX.

NEA, SIT open new training hub to equip 400 in energy efficiency

Students and professionals will gain hands-on experience in energy management.

DBS to pay $1,000 one-time bonus to 6,800 junior staff in SG

The move covers over 23,000 employees across global operations

Singtel’s Nxera launches DC Tuas to power high-density AI workloads

The centre features smart thermal systems and high-efficiency electrical systems.

Lower- and middle-income groups outpace others in annual gains, MoF says

MoF data shows bottom-tier households grew nearly 10 times faster than top decile in the past decade.

Seatrium contests Petrobras counter-claim of $107.5m in P-54 vessel conversion case

The dispute concerns a 2004 contract for the conversion of the P-54 floating production storage and offloading unit.