News

COTD: Civil, institutional projects to drive construction growth in 2025

The Institutional & Others segment is set to hit $17b in 2025, up 45.3% YoY.

Wing Tai sells UK property-holding subsidiary for $74.8m

It is expected to generate a gain of approximately $5.1m.

Stoneweg European Business Trust invests $58m in IDC Fund

The fund is set to be Europe’s largest data centre operator.

Spackman Entertainment completes 1-for-100 share consolidation

It aims to streamline the company’s share capital structure.

Singapore, China to launch joint ASEAN training programme

This aims to broaden efforts to build regional governance capacity.

National Healthcare Group rebrands as ‘NHG Health’

The new identity will be adopted across the group’s institutions.

MAS responds to Tan’s letters on Allianz-Income deal process

The insurer did not submit an application for capital reduction.

Analyst maintains inflation outlook as Singapore prices ease in May

Year-to-date, headline and core inflation have risen by just 0.92% and 0.63%, respectively.

Microsoft leads GenAI use in Singapore workplaces

Microsoft Power Apps leads usage at 36.83%, followed by Grammarly at 27.23%, and ChatGPT at 20.95%. 

Singapore workers trail global peers in well-being index

Only 33% report experiencing low or minimal daily stress, making Singapore one of the most stressed workforces.

Daily Markets Briefing: STI down 0.11%; Top stock is Thai Beverage

Thai Beverage is the top stock with a 2.25% increase.

Citi Singapore nearly triples wealth transactions after digital revamp

Four of five clients use the bank’s mobile app regularly. 

Singapore’s core inflation eases to 0.6% in May

It was mainly due to lower food inflation.