News
OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business
OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business
The deal is expected to lift its Indonesian unit’s AUM by about 25%.
RINA Singapore hub expansion strengthens maritime innovation pipeline
The company will also add 13 specialist roles within the next three years.
FLCT's distributable income dips 1% to $111.9m in H1 FY2026
Revenue and NPI rose, supported by rental growth and acquisitions.
MAS pilots cross-bank AI models to detect scam risks
All sensitive data used in the exercise will be permanently deleted once complete.
AI boosts productivity for Singapore firms, but adoption remains limited: MOM
About 70.7% of AI-using firms reported productivity gains, whilst 71.5% of firms have yet to adopt the technology.
MTI announces board changes at EDB, EnterpriseSG, and JTC
The changes include the re-appointment of the EDB and EnterpriseSG chairmen and a new JTC board member.
URA awards Dunearn Road site for $533 million
The 99-year leasehold site can be developed for residential use, with commercial space on the first storey.
Mapletree Logistics Trust Q4 DPU falls 7%, eyes $300 million asset sales
The firm posted weaker distributions amid divestments and currency headwinds, whilst portfolio occupancy stayed high at 96.9%.
Brands move from CX to total experience as agentic AI rises: report
Personalisation and integrity remain the top customer experience drivers, whilst trust concerns shape AI adoption.
April manufacturing PMI rises to 50.7 on stronger orders and output
It is the highest reading since February last year.
Lum Chang Creations eyes SGX Mainboard transfer; EGM set for May vote
It seeks a listing upgrade with bonus issue and mandate changes after $11m profit rise in the first half.
MAS says Nasdaq-SGX dual listing board received strong support
Global Listing Board issuers only need to prepare a single set of documents to list in the two exchanges.
Landed sales fall 13.3% as deals drop in Q1
Transaction volume contracts across landed homes whilst higher-value segments hold pricing gains.
PLife REIT Q1 DPU rises 15.1% on higher SG hospital rents
However, gross revenue fell 2.1% due to yen depreciation and Japan nursing home exits.
Grab clinches landmark cross-border licence for Singapore–Malaysia service
Pilot SG-JB taxi booking service to launch May 2026 with advance bookings and fixed fares.
MoneyHero posts first quarterly profit on cost cuts, AI efficiency gains
Lower tech, marketing and staff expenses supported its $636,000 quarterly net profit.
Hormuz-linked crisis could surpass 1970s oil shock, stagflation looms
Additional support could be provided if conditions worsen, says PM Wong.
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