News
Microsoft commits $7.095b to Singapore’s AI push
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.
First REIT proposes $471.5m Indonesia asset divestment
Deal includes a six-asset put option.
Grab and WeRide launch first public autonomous ride service
Punggol pilot offers free rides.
mm2 Asia placement deal with UOBKH lapses
Conditions were unmet by 31 March.
Jalan Buroh site launched under H1 2026 IGLS programme
The site is the first of six Confirmed List plots.
MOM and MND launch Lok Yang Way dormitory site
The site can yield 5,000 bedspaces.
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.
New CASE–LTA accreditation scheme sets standards for car-sharing operators
The scheme introduces maintenance, pricing rules, and dispute resolution.
Singapore maintains zero chief HR officer turnover for two years running
The city-state also saw two COO appointments in 2025.
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