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Revenue also soared by 39.8% YoY to $7.82b.

Perennial is divesting the asset as part of its strategic pivot toward healthcare-focused investments.

55% of local organisations still mandate office attendance to some degree.

About 540,000 sq ft of new retail space is estimated to enter the market in 2025, down from 679,000 sq ft in 2024.

Meanwhile, Digital Wealth (AUM) is projected to rise 22% to $44b.

Jardine Matheson Holdings Limited is the top stock with a 4.07% increase.

The report noted that Singapore’s top marginal personal income tax rate is 24%, lower than other economies.

Only 47% of Singapore respondents say they are fully confident in their AI knowledge.

The site attracted eight bids, with the highest offer of $1,820 psf ppr submitted by HH Investment Pte Ltd.

Industry players are integrating services into everyday devices and platforms.

It integrates AI across its operations whilst keeping the bank human-centric and trusted.

It also plans to create frameworks to ensure AI reliability and transparency.

Artificial intelligence (AI) is set to reshape fraud detection and financial crime prevention across the global financial system, according to Swift Chief Executive Officer Javier Pérez-Tasso.

Tokenised deposits invert the model, allowing banks to deliver liquidity directly where required.

Falcon TST now handles about 60% of the company’s global transactions.

Central to this effort is Mastercard’s Agent Pay framework.