Singapore

Sembcorp subsidiary issues $300m fixed rate notes at 3.55%

Proceeds will be used for general corporate and working capital needs.

JTC launches Sengkang West site under the IGLS programme

Tenders for the site will close on 19 August at 11 a.m.

ST Engineering divests US-based unit for $371m

The net proceeds of $316m (US$246m) will be used for debt payment.

URA launches three residential sites for sale

These form part of the 5,030 residential units in the H1 2025 GLS programme.

Frasers Centrepoint Trust issues $200m perpetual securities

The net proceeds will be used for new investments amongst others.

COTD: Singapore amongst the top stablecoin sending countries

Business-to-business payments represented the majority of the flows.

Singapore construction prices to rise up to 2% in 2025: report

Overall cost growth in the sector is likely to remain slower than in 2024 due to macroeconomic uncertainty.

Kyndryl launches ASEAN AI Lab in Singapore

The facility will serve as a regional hub for innovation, employing approximately 50 AI professionals.

Developers expected to bid up to $1,300 psf for GLS plots

Huttons noted that the upcoming land supply in more coveted areas may prompt some developers to sit out these tenders.

ACCA updates global qualification with AI and data focus

The new structure will include an integrated learning and assessment model supported by AI-enhanced tools

Organisations cite BEC, phishing as top threats for 2025

The report found that 72% of organisations experienced an increase in BEC attempts

Daily Markets Briefing: STI up 0.63%; Top stock is JMH USD

JMH USD is the top stock with a 2.34% increase.

How much could inflation increase amidst Israel-Iran conflict?

Singapore's inflation in 2025-2026 is at risk of exceeding the MAS's target.