News

Singapore ranks 6th globally in average wealth in 2025

Median wealth ranked 20th globally at $125,364.

FCT to sell White Sands mall for $467m to repay debt

The trust expects a $32.4m gain from the transaction.

Igloo strengthens APAC presence with Eazy Digital acquisition

The deal adds Thailand operations, clients, and software capabilities across Asia.

AI oversight gains urgency as deepfake scams surge 2,000%

Ashwini Karandikar urged firms to map every point where AI influences risk-bearing decisions this year.

MAS fines doctor $120,000 for insider trading

The case involved purchases of Singapore Medical Group shares before its privatisation offer was announced.

Daily Markets Briefing: STI down 0.73%; Top stock is Seatrium

Seatrium is the top stock with a 1.03% increase.

Oil becomes top-traded CFD among Singapore users in 2026

Plus500 data also showed a growing share of older traders.

Admiralty Walk EC site may draw up to four bids

Analysts expect developers to bid cautiously due to the site’s distance from the MRT station.

Foreign affiliates’ value added rises 5.7% to $367.8b in 2024

These firms made up over half of total enterprise VA.

Q1 property sentiment drops to 4.9 amidst price pressures

About 80% of industry players worry about rising inflation and interest rates.

DBS brings first synthetic securitisation to market

The $1.29b transaction expands the bank's capital toolkit to support future lending growth.

Confident execs face risk as most staff could be fooled by deepfakes

Nearly one-third of workers would use unapproved agentic AI if official tools are slow. 

Amity launches Singapore AI hub ahead of $258.7m revenue target

It will serve as its regional headquarters for Southeast Asia.

SIA and Air China plan commercial JV under new MoU

The move expands a codeshare partnership first established in 2016.

Energy transition finance fund hits $446m with Temasek, MAS backing

ETAF targets grid upgrades and energy transition projects across Asia.