News
Singapore slips to A3 risk rating amidst deepening tariff threats
Singapore’s macroeconomic outlook has become less favourable.
MinLaw sanctions four law firms, lawyer linked to 2023 money laundering case
Investigations have been completed for 11 of the 24 firms under scrutiny.
Prime office rents increase 0.2% QoQ in Q2
Prices per square foot per month stand at $11.4.
ComfortDelGro rolls out driver training initiative in SG
The trainings aim to upskill existing drivers.
HDB to launch over 4,600 balance flats in July sales exercise
More than one-third are ready-to-move-in units.
PropNex appoints new CEO
Ismail Gafoor will remain as the company’s Executive Chairman, the company said.
Las Vegas Sands breaks ground on $10b luxury resort in Singapore
Construction is expected to begin later this year.
Singapore expects slower financial sector growth
It will focus on responsible AI adoption.
MAS posts $19.7b net profit in FY2024/25
This was driven by strong investment gains of $31.4b.
Philip Yeo to retire from CDL board
He served the board for 16 years.
SIA group passenger traffic up 4.5% in June
The group’s passenger load reached 88.7%.
Singapore AUM up 12% to $6.07t in 2024
Net inflows also rose 50% YoY.
China Medical System debuts on SGX
This marks the group’s second market listing.
Banyan Group to open 100th hotel in November
The grand opening of the Mandai Rainforest Resort in Singapore will be in November.
MAS launches new programme to help financial institutions adopt AI faster
This allows FIs to share successful AI use cases and best practices.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform