Singapore
Seatrium wins ABS nod for offshore ammonia energy hub concept
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.
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.
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.
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.
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.
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.
Two HDB shophouses up for sale in Toa Payoh Central and Kovan
Both have commercial space on the first floor and living quarters upstairs.
Pints AI pushes auditable AI into core banking systems with $7.2m
AI banking onboarding dropped 70% across regulated systems.
Home care cost gap strains over two-thirds of caregivers: report
Residents put monthly expenses at $2,400, below actual charges of $3,500.
Peck Hay Road $542m bid hits post-2018 high despite global tension
Bidder turnout was thin, but the top price came in above CBRE’s forecast.
Annica wins Sarawak solar‑hydrogen project in regional expansion
The contract extends its footprint into hydrogen grid in rural Malaysia build.
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Commentary
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Singapore’s global dispute fault lines
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