News

SIA hits record 90.3% load factor as ME conflict reroutes Europe traffic

Combined passenger carriage increased 14.9% YoY to 3.8 million passengers.

STT GDC, SuperX power Singapore’s AI future with new innovation centre

The centre offers GPU access and testing environment to speed up enterprise AI deployment.

StarHub exits Ensign rights deal in $121m cash transaction

The deal involves the termination of rights over 77.587 million Ensign InfoSecurity shares, or 16.81% of total issued shares.

Career path to wealth loses ground as sandwich class pivots to investing

Cost of living pressures reshape wealth priorities toward portfolios over salaries.

Changi Airport to redevelop former CIP terminal into private travel hub

New facility at Terminal 2 to include private suites, lounges and event spaces by 2027.

Keppel DC REIT’s DPU rises 13.2% to 2.833 cents in Q1

Distributable income climbed 20.7% to $74.6m, supported by acquisitions and portfolio gains.

1 in 5 Singaporeans want coverage with digital mental health tools

Only 60% view AI mental health tools positively, lagging physical and financial services.

Daily Markets Briefing: STI up 0.27%; Top stock is Sembcorp

Sembcorp is the top stock with a 3.05% increase.

Singapore mixed-use investment sales hit $1.9b in Q1

Hougang Central and Centrepoint deals lift volumes.

Savills raises Singapore investment sales forecast to $35b

Low rates and capital inflows support the 2026 outlook.

Trust, data gaps slow AI scaling at Singapore firms: survey

HubSpot says daily use has outpaced business readiness.

Singapore captures 93% of SEA tech funding in Q1

Regional funding jumps to $2.8b on late-stage deals.

Retail demand softens as vacancies edge up

JLL says rents held firm in prime space.

Commercial investment sales fall to $2.0b in Q1

Office and retail deals signal resilience despite QoQ drop.

Industrial deals surge 38.1% to $2.94b in Q1

It is due to S-REIT acquisitions for portfolio expansion and deals linked to REIT IPOs.

Miltonia Close EC site draws strong interest with top bid at $732 psf ppr

The EC site in Yishun attracted three investors at tender close.