News

URA offers two residential sites for sale in Lorong Puntong and Kitchener Link

The Lorong Puntong/ Sin Ming Avenue site's tender closes in September.

Condo resale prices rise 1.3% in May as volumes drop 9%

May resale activity stayed at 15.4%, below the 5-year average even as prices increased.

VICOM names Chung Tying Chun as CEO from January 2027

He succeeds Sim Wing Yew, who retires after 14 years of service.

OUE REIT proposes $500m Crowne Plaza Changi Airport sale

Unitholders may receive $20m in staggered special distributions.

Singapore's ETAF secures $325m in first close to drive Asia's energy transition

FAST-P will fund grid modernisation and higher-risk energy projects.

DBS lends $273m to ETAFCo amidst push to cut Asia's coal reliance

The loan will fund grid upgrades, battery storage, and renewable assets.

Gov't urged to boost ranks of $1b revenue local firms: ESR

Overseas expansion has become harder amidst trade and supply chain risks.

UOB sets up tech committee to oversee digital strategy

The panel will guide digital strategy and oversee technology risk and operational resiliency.

Sing Lun CEO Mark Lee named SBF chairman through 2028

He was elected by the 13th council formed after the 24th AGM.

Frasers Property proposes $2.1b hospitality portfolio overhaul

Stabilised assets will transfer to TCCGI at a valuation premium.

June BTO exercise draws over 22,600 applicants

Berlayar Rise and Lakeview Cascadia led demand, whilst overall competition remained broadly stable.

Lim Sim Seng to chair new skills and workforce agency

The 12-member inaugural board will oversee the integration of SkillsFuture Singapore and Workforce Singapore.

Daily Markets Briefing: STI up 0.2%; Top stock is Hongkong Land

Hongkong Land is the top stock with a 2.53% increase.

Quantum migration delays expose encrypted data

IBM and NUS warn harvest-now threats are outpacing corporate quantum readiness and cybersecurity upgrades.

Singapore merchants face up to US$1.2b losses from payment failures

Failed transactions and settlement delays expose hidden e-commerce losses for cross-border sellers.