News

Singapore is 26th globally in residential real estate value

China remains number one, whilst regional peer Vietnam ranked 22nd.

OCBC app enables text resizing in English and Mandarin

About 70% of app screens have been covered in the initial rollout.

CosmoSteel board says 3HA’s revised offer ‘fair and reasonable’

3HA Capital Private’s final offer is $0.25 per share, a 25% increase from the initial offer.

MAS proposes revisions to PHS, complex products framework

Investment-Linked Policies (ILPs) will require a PHS under the proposals.

Singapore launches first gallium nitride-focused facility

The new facility will help the city-state leverage the growing GaN market.

Disengagement crisis puts Singapore’s productivity at risk

Burnout, poor leadership, and digital fatigue threaten the country’s high-performance reputation.

Del Monte Foods files for bankruptcy after board blocks settlement

Lenders acquired 25% of Del Monte Pacific Limited’s equity stake.

Low-emission GrabCab launched in Singapore

The service is intended to complement existing private-hire vehicles and increase accessibility for groups who do not use smartphones or mobile data.

Chinatown commercial property up for sale

The property occupies a land area of approximately 1,315 square feet and offers a total floor area of around 3,083 square feet. 

Singapore salaries in consulting and tech see 27% jump

Consulting & Strategy and Science & Technology roles recorded a 27% jump in median pay between 2024 and 2025.

SIT launches Living Lab Network with 20,000 IoT sensors

 The LLN is part of SIT’s ongoing efforts to integrate hands-on education with industry collaboration at its Punggol Campus.

Prestige landed home sales rise 34% in H1

67 homes priced above $10m (excluding Good Class Bungalows) changed hands between January and mid-June 2025.

PwC Singapore appoints 11 new partners across key practices

The new partners worked in areas such as financial due diligence, international tax, enterprise transformation, and assurance services. 

APAC organisations lag in matching pay to employee skills: report

Most activity has focused on areas like career development, learning, and recruitment.

MAS fines five firms for AML breaches in June

The penalties were issued on 27 June 2025 following inspections that uncovered failures to comply with key AML/CFT requirements.