News
COTD: Singapore secures No. 2 spot in Asia's top startup ecosystems
COTD: Singapore secures No. 2 spot in Asia's top startup ecosystems
Globally, the city-state ranks ninth with 20 active unicorns.
Singapore takes 9th spot in global start-up ecosystem ranking
The city state's startup ecosystem was valued at $185b.
Singapore NODX down 3.5% in May 2025
This reverses the 12.4% growth recorded in the previous month.
SIA Group passenger traffic up 3.1% in May
The group’s passenger load reached 86.4%.
Changi Airport signs MoU with HMIA to boost aviation ties
The partnership will also explore opportunities in route development, tourism marketing, and staff training programmes.
Singapore leads Asia in plastic waste tech funding at $338m
For comparison, Australian startups raised $165.3m (US$129m) and Indian firms secured $128m (US$100m).
AI trust falls to 42% as ethical concerns go unresolved
69% of Singapore IT security leaders say they are not fully confident in the accuracy or explainability of their AI outputs.
New private home sales fall 53% in May amidst pause in launches
Just 312 units (excluding executive condominiums) were sold, down nearly 53% from April’s 663 units.
Etiqa extends support for travel claims after Jetstar shutdown
Customers facing disruptions to Jetstar Asia flights between 11 and 31 July 2025 may submit claims under the Travel Delay Clause of their policy.
Daily Markets Briefing: STI down 0.08%; Top stock is ST Engineering
ST Engineering is the top stock with a 2.05% increase.
COTD: Foreign home purchases dip slightly in May
Five foreigners bought units in One Marina Gardens.
The Raffles Crew: Singapore’s fastest growing business network
The upcoming SFF event on June 23, themed Communication and Colour, promises to be a standout.
SG digital banks expand into investments and loans to boost profits
One problem they face is that many accounts remain inactive.
SIA’s budget arm Scoot to take over some Jetstar Asia routes
It is looking to launch flights to Okinawa and Labuan Bajo.
Thakral associate Gemlife to launch IPO 'very shortly'
The company has just finalised its underwriting agreement.
Sembcorp completes acquisition of additional stake in Senoko Energy
It now owns half of the energy company.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape
Microclimate retrofitting could be Singapore’s next big sustainability play