News
F&B sales grow stronger in May
Sales rose 2.9% YoY and 2.1% MoM.
Retail sales rise 2.2% YoY in May
Excluding motor vehicles, sales would remain flat.
Keppel's Volt secures contract to develop EV fast-charging hub at Jalan Papan
The hub will host up to 80 ultrafast charging points, including 360kW and 120kW DC chargers.
Sora sells 23.2% of units at weekend launch
The average unit price was $2,160 per sq ft.
STB launches tender for new wellness attraction at Marina South Coastal site
It seeks proposals with innovative and high-quality concepts that promote wellness.
Former Swiber CEO fined $310,000 for false statements and insider trading
He is also banned from being a director or managing any company for five years.
15,000 tourism workers in Sentosa to upskill in three years
The framework aims to implement at 100 initiatives and team up with 15 Island Partners.
Frasers Hospitality ramps up overseas expansion
The company looks to open 20 more locations over the next four years.
MAS’ total emissions up 14% YoY in FY2023
The central bank said it remains on track to reach long-term climate targets.
Power constraints keep Singapore's data centre vacancy rate at 1%
The country only has 7.2 MW of available capacity.
Daily Markets Briefing: STI down 0.86%; Top stock is CapLand IntCom T
CapLand IntCom T is the top stock with a 0.50% increase.
OrangeTee’s new platforms streamline property data for agents and consumers
The tools were introduced by its new Chief Researcher and Strategist.
Red Sea crisis delays 90% of container ships at Singapore Port
Vessels are diverted around the Cape of Good Hope, causing port congestion.
Hong Leong launches Kassia condo in Upper Changi Road North
Sales bookings will be available on 20 July.
Thomson View Condo relaunched for sale
The property has a reserve price of $918m.
1 in 3 cars sold in Singapore is an EV
In 2023, EVs only accounted for 18% of car sales.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation