Singapore
Singapore F&B sales fall 1.5% in June
Singapore F&B sales fall 1.5% in June
Cafes, food courts and other eating places posted the sharpest drop at -3.5%.
Retail sales dip 1.2% in June
Total retail sales in June were estimated at $4.0b.
5 SG firms land on Forbes Asia’s 2025 Best Under A Billion list
Wealth management platform iFast debuted on this year’s list.
Singtel teams up with Xtelify to boost field teams in Singapore
Xtelify Work will support Singtel’s field engineers with AI-powered capabilities.
DBS and UOB earnings to show impact of SORA, credit costs
DBS should have good earnings, whilst the effect of SORA is a point of interest.
Frasers Hospitality’s RevPAR drops in 3 out of 5 markets in Q3 2025
Singapore’s RevPAR decreased by 5.6% YoY.
Industrial occupancy rate dips in Q2
The decline was due to substantial new completions.
Economy strategy review launched to keep SG globally competitive
Five committees were set up to develop long-term economic strategies.
MasOrange, Vodafone Spain partner with GIC to launch Spanish fibre optic venture
The infrastructure aims to develop Spain’s connectivity and digitalisation further.
Soup Holdings profit up 34% YoY in H1
Revenue for the period decreased by 6.3%.
EV firm NIO delivers more than 21,000 vehicles in July
The deliveries consisted of 12,675 vehicles from the premium smart electric vehicle brand.
CapitaLand Integrated Commercial Trust NPI edges down 0.4% in H1
Still, DPU rose 3.5% to 5.62 cents.
CapitaLand Ascendas REIT NPI down 0.9% to $523.4m in H1
DPU also fell 0.6% to 7.477 cents.
CICT launches $500m private placement to fund CapitaSpring acquisition
Units are priced between $2.105 and $2.142.
Lendlease to sell Jem office segment to Keppel
The net cash proceeds from the divestment are estimated to be $459.4m.
Ong Beng Seng pleads guilty to abetting obstruction of justice
His sentence will be released on 15 August.Ong Beng Seng pleaded guilty to one charge of abetting the obstruction of justice in connection with the corruption scandal involving a former Transport Minister.
Lendlease Global Commercial REIT records lower NPI in FY2025
The company linked this to property operating expenses rising to $57.8m.
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