News

Government calls for public feedback on driverless car framework

Consultation is open until 30 June, with industry players urged to join.

Grab rockets to $120m profit in Q1, up from $10m a year ago

Growth led by deliveries, mobility and lending as GMV hits $6.1b in the quarter.

OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business

The deal is expected to lift its Indonesian unit’s AUM by about 25%.

RINA Singapore hub expansion strengthens maritime innovation pipeline

The company will also add 13 specialist roles within the next three years.

FLCT's distributable income dips 1% to $111.9m in H1 FY2026

Revenue and NPI rose, supported by rental growth and acquisitions.

MAS pilots cross-bank AI models to detect scam risks

All sensitive data used in the exercise will be permanently deleted once complete.

AI boosts productivity for Singapore firms, but adoption remains limited: MOM

About 70.7% of AI-using firms reported productivity gains, whilst 71.5% of firms have yet to adopt the technology.

MTI announces board changes at EDB, EnterpriseSG, and JTC

The changes include the re-appointment of the EDB and EnterpriseSG chairmen and a new JTC board member.

URA awards Dunearn Road site for $533 million

The 99-year leasehold site can be developed for residential use, with commercial space on the first storey.

Mapletree Logistics Trust Q4 DPU falls 7%, eyes $300 million asset sales

The firm posted weaker distributions amid divestments and currency headwinds, whilst portfolio occupancy stayed high at 96.9%.

Brands move from CX to total experience as agentic AI rises: report

Personalisation and integrity remain the top customer experience drivers, whilst trust concerns shape AI adoption.

Lum Chang Creations eyes SGX Mainboard transfer; EGM set for May vote

It seeks a listing upgrade with bonus issue and mandate changes after $11m profit rise in the first half.

MAS says Nasdaq-SGX dual listing board received strong support

Global Listing Board issuers only need to prepare a single set of documents to list in the two exchanges.

Landed sales fall 13.3% as deals drop in Q1

Transaction volume contracts across landed homes whilst higher-value segments hold pricing gains.

PLife REIT Q1 DPU rises 15.1% on higher SG hospital rents

However, gross revenue fell 2.1% due to yen depreciation and Japan nursing home exits.