News

GIC elevates key investment heads to executive group

GIC elevates key investment heads to executive group

To mark 45 years of investment excellence, the sovereign wealth fund has announced key leadership appointments.

ST Engineering unit bags $600m naval deal

The deal covers the design and platform supply for eight Missile Gun Boats.

Microsoft commits $7.095b to Singapore’s AI push

The funds will build out critical cloud and AI infrastructure through 2029.

Boustead wins over $100m Tukang industrial contract

Project lifts engineering backlog to $566m.

CapitaLand Ascendas REIT expands share base following 249 million private placement

The new units officially commenced trading 2 April, bringing CLAR's total unit count to over 4.86 billion.

Jalan Buroh site launched under H1 2026 IGLS programme

The site is the first of six Confirmed List plots.

Daily Markets Briefing: STI up 1.85%; Top stock is Jardine Matheson

Jardine Matheson is the top stock with a 4.78% increase.

Insurance growth crippled by legacy tech despite 82% claiming leadership

Short-term operational panics actively kill long-term strategic planning for local carriers.

HDB resale market rises QoQ but Q1 volume hits lowest since 2021

Resale activity rebounded after the festive period, analysts said.

IMDA warns X, TikTok over ‘serious weaknesses’ in content safety

Both platforms have also been placed under enhanced supervision.

Private home prices rise 0.3% as volume plunges

Whilst the overall market slowed, the Outside Central Region saw prices rise 1.3%

Katoen Natie boosts Jurong Island storage by 20% with $60m warehouse

The facility has a storage capacity of 37,000 square metres.

CNQC-led group wins Dover Drive GLS site for $951m

The bid reflects a land rate of $16,750.94 per square metre of gross floor area.