News

Economists trim 2026 GDP forecast to 3.5%

Economists trim 2026 GDP forecast to 3.5%

Headline inflation is now seen at 2.3%, up from 1.5% in March. 

Singapore to invest in AI public goods as 2027 ASEAN chair: Teo

The plan covers language models and capacity-building.

Gov’t studies AI ‘nutrition labels’ to guide users: Teo

Proposed disclosures would set out an application’s intended use and limits.

Businesses scale back hiring and wage plans as uncertainty clouds outlook

The share of employers expecting to recruit in the next three months fell 10% in March.

June BTO launch may draw application rate of up to 3.5 times: PropNex

The exercise includes 6,952 flats across seven projects.

MPACT prices $200m green notes due 2033

The proceeds will be used to finance or refinance eligible green projects under its green finance framework.

82% of Singapore firms pulled back live AI agents: survey

Despite leading APAC in AI deployment, many enterprises still face reliability, governance, and infrastructure challenges.

Daily Markets Briefing: STI up 1.16%; Top stock is SATS

SATS is the top stock with a 3.21% increase.

Accrelist appoints CEO as China aesthetics strategy takes shape

Derek Cheong will lead the Xiamen clinic plan under the proposed 51% deal structure.

CDL-Hong Realty venture wins Peck Hay Road site for $542.4m

The tender price translates to $20,076.25 per sq m of GFA. 

June BTO launch tilts towards prime, plus flats as standard supply shrinks

Short-waiting-time units and location mix may influence demand patterns across estates.

STT GDC launches first South Korea data centre with 30MW IT load

It was developed through a joint venture with Hyosung Heavy Industries.  

Singapore outpaces global peers in AI-driven work output gains, Microsoft says

It found high adoption and output gains, but leadership alignment still lagged.

Boustead unit secures $60m Australian GIS deal

The deal is expected to lift profitability and EPS for FY2027. 

Jardines Matheson targets $5.1b portfolio recycling by 2030

The group launched a $640.9m (US$500m) share buyback through 2027. 

Key exports rise 38.4% in May on AI-led electronics demand

Re-exports to Taiwan, Thailand, and Hong Kong increased. 

Singapore bets on $35m waste centre, digitalisation drive to boost green economy

New funding, digital tools, and policy updates were announced at Catalyst 2026 gathering.