News
ST Engineering bags $4.9b worth of new contracts in Q3
The group’s total contract wins for the first nine months of the year reached $14b.
Transformational M&A delivers outsized returns for Singapore firms
Transformational deals outperform traditional ones.
Singapore industrial rents up 0.5% in Q3
Business parks were the only segment to record a slight decline, with rents dipping 0.2% QoQ.
CMU joins IBM, NUS to expand AI and quantum research collaboration
A key element of the collaboration is CMU’s plan to work with IBM Research’s Spyre Accelerators, a prototype line of AI hardware.
Chinese-language underground markets expand across the dark web: report
Two new ransomware-as-a-service (RaaS) groups—KillSec and Funklocker—were linked to over 120 incidents.
Only 51% deem BTOs affordable as resale and private homes lag
Nearly 30% expect to buy their first home only after five years, whilst 56% aim to upgrade eventually.
Singapore investors lead globally in AI-driven investing
Interest in AI education is also high, with 39% planning to learn more about AI-driven investment strategies within the next year.
Singapore sustains world-leading record in public safety
Almost all residents feel safe walking at night.
Bukit Merah tops October BTO demand with over 5,000 four-room bids
The wider exercise drew 31,095 applicants vying for 9,144 flats.
Daily Markets Briefing: STI up 0.51%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 2.14% increase.
40% of part-time staff deterred by commute: survey
44% said they would consider rejoining the workforce if hybrid or flexible work options were available.
Singapore nominal GDP projected to double to up to $1.8t by 2040
Singapore’s economy will continue to be services-led, with services accounting for roughly 74% of gross value added (GVA).
Singapore industrial market seen stable into early 2026
The headline PMI edged up from 49.9 in July to 50.1 in September.
Citibank, HSBC, RHI lead Singapore brand experience
Across the three sectors evaluated, Citibank, HSBC, and Raffles Health Insurance (RHI) emerged as category leaders.
Mitsubishi Power, Jurong consortium bags contract for 670-MW combined gas turbine
The plant, expected to open in 2029, is set to be the largest battery energy storage in the city-state.
Inflation up 0.2% YoY in September
But it was 0.1% lower on a mknth-on-month basis.
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