News

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
1 hour ago

Banks urged to turn pricing into a strategic growth lever

A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.
2 hours ago

AI governance failures threaten banks’ returns

95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.
2 hours ago

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.
2 hours ago

Trust Bank taps ecosystem to fuel digital banking growth

The digital lender credits partnerships, not just tech, for its scale to one million customers in under four years
3 hours ago

Asia insurers risk share loss as product edge fades

Joshi said seven or eight insurers now often compete with similar products.
3 hours ago

Singapore strengthens data hub role with new India subsea links

The new capacity targets Asia’s growing cloud, AI, and enterprise traffic.
5 hours ago

Over half of InfoSec pros told to keep silent on breaches: report

Nearly 77% fear disabling weaponised tools over business disruption.
5 hours ago

HDB to begin Long Island coastal works by year-end

Its first phase will take place in the waters west of Bedok Jetty.
6 hours ago

White Sands retail mall sold for $467m

Offers approximately 150,352 square feet of net lettable area.
6 hours ago

Households earning at least $30k monthly nearly double in five years

Investment gains rose from 9.6% to 13.5% of total income. 
6 hours ago

PLife REIT sells Japan nursing home for $9.4m

The disposal locks in a 38% gain over its 2008 purchase price.
6 hours ago

Q3 electricity rates spike 17.5% on elevated fuel prices

Tariffs could ease after Middle East tensions subside, the EMA said. 
7 hours ago

Singtel CEO's pay cut 16.9% to $6.8m after Optus, Singapore outages

The salary reduction came despite a stronger financial performance in FY2026.
7 hours ago

Lendlease REIT appoints Penelope Ransom as chairperson

The board reshuffle takes effect on 30 June.
7 hours ago

UOB-CQT pact explores quantum tools for derivative valuation

The initial phase will focus on path-dependent instruments.
7 hours ago