News

Singapore to lead 2026 IPO wave as profitable FinTechs exit interim funding

EY said Singapore financial services are poised for IPOs after $84b Asia M&A surge.

Total employment rises by 55,500 in 2025 as unemployment stays low

Retrenchments remained within non-recessionary norms.

Rex International CFO Per Lind steps up as CEO after Lidgren exits

After leading Rex since 2013 listing, Måns Lidgren moves to advisory role for health reasons.

Mapletree Logistics Trust to buy Mumbai Grade A warehouse for $53.6m

The property comprises two blocks of single-storey logistics facilities.

Woh Hup wins bid for Las Vegas Sands 2030 development project

The Singapore-based firm will lead the next-gen Marina Bay Sands expansion after record 2025 year.

Investors subscribe to only 62.2% of Lendlease REIT’s preferential offer

DBS, OCBC, and UOB subscribe to remaining units to hit the $196.6m target.

Rivelle Tampines sells 92.5% on launch, named best-selling executive condo of 2026

High buyer interest attributed to schools, amenities, and convenient MRT access, PropNex notes.

The Assembly Place acquires 163 Tras Street for hotel conversion

The building is planned to be converted into a 152-room hotel.

CAI to run Phu Quoc Airport under Vietnam’s first ‘destination’ model

It will oversee operations under a partnership with Sun Group.

Singapore drops to 8th globally in 2026 Resilient Cities Index

However, it remained third in the Asia-Pacific, behind Tokyo and Seoul.

Monday Wrap: GDP trim, connectivity, and targeted pay rises

Singapore retained its position as the world’s most connected economy.

Daily Markets Briefing: STI up 0.38%; Top stock is Genting Sing

Genting Singapore Limited is the top stock but fell 0.73%.

URA names new CEO as Lim Eng Hwee exits role

Deputy CEO Tan Shiao Ling will take over from 1 September.

Nearly half of Singapore vacancies in 2025 driven by new job creation

Long-term unfilled roles fell to 17.1% even as demand stayed strong in key sectors.