News

Majority of Singapore IT leaders expect major AI boost

Benefits include product service innovation (85%).

Singlife warns of gap in care costs with ageing population

Long-term care costs have risen to an average of nearly S$3,000 per month.

Export-oriented industries to bear the brunt of rising trade tensions—report

Policymakers are concerned about sectoral tariffs on pharmaceuticals and semiconductors.

New ESG guide for business valuation released

It expands ESG guidance using international valuation standards.

Daily Markets Briefing: STI down 0.28%; Top stock is City Development

City Development is the top stock with a 2.90% increase.

GIC expands AI adoption with tools to aid investment teams

The fund achieved an annualised nominal USD return of 5.7% over the 20 years ending 31 March 2025.

Singapore Oceanarium debuts at RWS

The Singapore Oceanarium aims to deepen public engagement with marine science.

HDB resale prices up in Q2, but market shows signs of cooling: analysts

Resale prices rose 0.9% QoQ — the slowest increase since Q2 2020, whilst transaction volume rose 7.8% to 7,102 flats.

Private home sales slide 64% in Q2, but prices remain resilient

Despite the decline in transactions, prices across the residential, office, and retail sectors largely held steady or rose slightly,

Singapore firms lead ASEAN with 53 ACGS governance awards

The average score across all Singapore entities was 98.4.

ASA confirms $1m issued to ex-CEO without board knowledge

A third cheque for $310,000, dated 9 June 2025, was later identified by the bank and disclosed to the Board on 18 July 2025.

Income Insurance launches grant with NCSS to aid caregivers

The insurer will fund up to 20 SSA-run programmes over two grant calls from 2025-2030.

Great Eastern unveils plans to aid multigenerational needs in Singapore

It also covers parents for late-stage critical illnesses like dementia and Parkinson’s.

China Everbright appoints new CEO and executive director

Xiong Jianping will also serve as the sustainability committee chair and strategy committee member.