Singapore
Printing sector posts double national business churn rate
Printing sector posts double national business churn rate
Some sectors see cessations more than double the national average of 85.1.
Startups double up on AI tools, Aspire says
Aspire data showed multi-platform usage doubling as spending patterns shift.
Singapore Airlines Group passenger traffic rises 4.9% in May
Its two carriers recorded a combined 3.6 million passengers during the month.
65LAB backs NUS biotech venture with $2.13m funding
The capital will help advance a treatment candidate for a chronic lung disease.
Private home sales could face June lull after slower launches in May
New launches in July are expected to lift sales after a quieter period.
Seatrium wins ABS nod for offshore ammonia energy hub concept
The hub integrates ammonia fuel, power generation, and vessel charging.
Insurers expand beyond protection into wealth planning
Only 41% of consumers own life insurance.
Singapore banks face currency split as ringgit offsets losses
DBS is most exposed to IDR and INR, whilst the ringgit cushions OCBC and UOB.
Re-employment rate of retrenched residents rises to 60.7%
More than two-thirds secured new jobs within a year of retrenchment.
Daily Markets Briefing: STI up 1.02%; Top stock is Jardine Matheson
Jardine Matheson is the top stock with a 4.35% increase.
Singapore to set up OTC gold clearing system by end-2026
This forms part of Singapore’s push to strengthen its role as a trusted gold trading and storage hub in Asia.
Employment growth slows in Q1 as job vacancies dip
Retrenchments inched up but remained within non-recessionary norms, whilst unemployment stayed low.
Singapore’s approach is to keep what works, change what does not: PM Wong
The prime minister said cities must stay pragmatic, adaptive, and open to cooperation amid global uncertainty.
Manulife IM Malaysia launches Singapore equity fund
The fund gives Malaysian investors exposure to Singapore equities amid market reforms aimed at improving liquidity.
KIT secures EMA approval for Keppel Merlimau Cogen stake buy
The proposed transaction remains subject to unitholder approval at an EGM on 18 June.
New home sales slump 71.1% in May on fewer launches
Hudson Place Residences was the sole new launch during the month, selling 209 units.
IMDA, Microsoft partner to advance AI safety and security
The collaboration will focus on AI evaluation, information sharing, and trusted access to frontier AI models.
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