News

Singaporeans crowned Asia’s biggest leisure spenders with $3,190 average trip budget

Klook’s 2026 report shows Singapore travellers outspend regional peers on 7+ night trips.

Starhill Global REIT CEO Ho Sing to step down in August

A search for a new CEO is underway following the announcement.

Sasseur REIT to refinance 2028 debt with $48.1m facility

The five-year onshore loan is backed by Hefei outlet.

Skylink raises $7.02m in share placement to drive EV fleet growth

Investors back the company’s expansion in electric commercial vehicles.

Soilbuild bags $158m new construction and precast contracts

The company’s order book also rose to $1.07b as of end-2025.

STI hits 5,000 milestone as early trade gains 0.54%

The index has gained over 1,600 points since hitting its 52-week low last year.

StarHub profit falls 46% to $86.4m in 2025 on higher depreciation and amortisation

The one-off forfeiture payment for the return of one 700 MHz spectrum lot also dragged full-year profit. 

Singtel 9M profit more than doubles to $5.3b on $3.2b Airtel stake sale

Underlying profit rose 12% despite slight revenue decline.

Elite UK REIT gains green light for 20-acre Blackpool data centre with 120MVA power supply

Peel Park site approved for infrastructure project including substation and rooftop cooling.

Gov’t pledges more worker support amidst tech shifts, rising uncertainty

This includes increased support for job transitions and skills development.

Grab posts first-ever full-year net profit of $292m in 2025 as revenue surges

Full-year revenue rose 20% to $4.91b, led by mobility, deliveries, and financial services.

SIT and Seatrium open Punggol lab to train 1,700 in marine AI

Research at the lab will focus on energy efficiency and AI-enabled remote analytics.

AI boom and falling rates trigger upgrades to Singapore GDP outlook

Major financial institutions have raised Singapore’s growth outlook to as much as 3.6%.