News

Singapore firms face rising shadow AI without strong governance

Only 70% report having full visibility into machine identity security.

Daily Markets Briefing: STI up 0.24%; Top stock is DFI Retail Group

DFI Retail Group Holdings USD is the top stock with a 3.11% increase.

Singapore urged to speed up data-centre approvals

The report recommended targeted workforce programs.

Nuveen sells minority stakes to HPC and Temasek

Nuveen will maintain majority ownership following the transaction.

Retail sales rise 4.8% in July to $4.2b

Online retail accounted for 13.1% of total sales in July.

F&B sales rise 1.7% YoY in July

Restaurants remained the only segment to post a decline, down 2.4%.

HDB resale activity cools as market levels off

Even so, the broader trend remains healthy.

Chuan Grove GLS tender attracts interest from developers

This is the second tender for a land parcel in Chuan Grove in 2 months.

Real estate sentiment up in Q2, NUS index hits 5.7

Prime residential properties recorded the highest current net balance at 35%.

Singapore and India ink green and digital shipping deal

The countries will work with industry players to establish a shipping corridor.

ST Engineering to invest $250m for physical AI advancements to tackle complex challenges

It targets to train and hire 5,000 AI engineers over the next few years.

Duxton Hill Chambers expands cross-border reach with London launch

Its members will handle litigation and international arbitration work within and from the UK.

Stoneweg Europe subsidiary newly secures five-year green loan

The fund will be used for the development of Haagse Poort in the Netherlands.

SGX lists first Saudi Arabia-focused bond ETF

With this listing, SGX now hosts 49 ETFs.

Kingsmen Creatives increases investment in K-Fix Production

This move is to boost the company’s working capital.