Singapore
Grab pledges $2b in SoftBank funds into Indonesia
Grab pledges $2b in SoftBank funds into Indonesia
It aims to create a transport network featuring EVs and geo-mapping solutions.
Sembmarine's loss narrows to $6.83m in H1
Revenue from its rigs & floaters business nearly halved.
iFAST eyes virtual banking license
The move will expand its service scope to include e-payment and lending.
Ascendas REIT NPI up 11.5% in Q1
The adoption of FRS 116 boosted income.
Keppel unit completes 60% stake acquisition in Vietnamese firm NBRE
The acquisition will allow Keppel to develop three plots of land in Ho Chi Minh City.
Singapore's hotel RevPar hits $185 in H1
The luxury segment drove most of the half-year gains.
This reverse auction app lets you buy items at the lowest bid
Doropu has sold 35,000 products in Singapore and Malaysia to date.
Can air taxis take flight in Singapore's skies?
Passenger air vehicles are having trouble taking off because of the city’s good traffic conditions and regulations.
Daily Briefing: Piermont Grand sells 46% of units on weekend launch; Stamford Land acquires mixed-use property in London for $441m
And medical lab firm Clearbridge Health raises $11.34m from a share placement.
Daily Markets Briefing: STI down 0.52%
OCBC led the decline with a 0.99% dip.
Chart of the Day: Warehouse rents down 1.5% in Q2
Rents for first-storey and upper-storey multi-user factories also slipped 0.5%.
Raffles Medical Group profits down 14.7% in H1
Operating revenue fell due to the promotion and building costs for its Chongqing hospital.
SIA Engineering profits inched up 2.7% to $41.6m in Q1
This is mainly due to the reduction of expenditure.
E-scooter startup Lime withdraws LTA application for sandbox license
The company decided to “reprioritise” efforts to meet global demand.
Is Singapore AI ready?
Artificial intelligence (AI) anticipation is high. At the Innovfest Unbound Conference, discussion was brimming with the possibilities that rising digitalisation will create; with smart technology expected to transform customer experience and power vast business growth.
CapitaLand's Raffles City Chongqing achieves 95% retail leasing rate ahead of September launch
Adidas Sportswear Collective, Haidilao hotpot and Charles & Keith will open its stores in the mall.
Top office REITs averaged 19.6% YTD return
Mapletree Commercial Trust was the strongest performer with YTD total returns of 28.6%.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation