News

Lower- and middle-income groups outpace others in annual gains, MoF says

MoF data shows bottom-tier households grew nearly 10 times faster than top decile in the past decade.

Seatrium contests Petrobras counter-claim of $107.5m in P-54 vessel conversion case

The dispute concerns a 2004 contract for the conversion of the P-54 floating production storage and offloading unit.

MTI upgrades GDP forecast to 2% to 4% for 2026 amidst strong global economic growth

The city state's Q4 GDP growth of 6.9% and resilient global trade prompted the upward revision of 2026 targets.

AcroMeta unit receives undertaking linked to potential Indonesian nickel entry

The proposed transaction aligns with its strategy to participate in the nickel value chain.

Household incomes rise strongly in 2025 as inequality hits decade low

Median income per household member grew at a rate of 3.8% per annum.

Retail sector seen maintaining stable growth into 2026

In 2025, median household market income rose 6.8% in real terms.

iX Biopharma narrows losses in H1 FY 2026 despite 14% fall in revenue

Net loss narrowing to $2.1m, compared with a loss of $6.3m in 1H FY 2025.

Retail property market holds steady in Q4 2025 despite fall in visitor arrivals:

The impact on rents is expected to be cushioned by a limited retail supply pipeline.

Private home price growth slows in Q4 2025 as sales ease

Rental volumes declined sharply by 27.4% QoQ to 19,771 units.

Daily Markets Briefing: STI up 0.54%; top stock is ST Engineering

ST Engineering is the top stock with a 4.12% increase.

Seatrium and Mammoet to load out 3 TenneT 2GW substations in Europe

Netherland and Germany to host 15 HVDC connections by 2032.

AI tops 2026 growth tactic for 82% of Singapore sales teams

Survey shows widespread adoption across sales leaders.

Elite UK REIT adjusted NPI slips 3.7% to $62.3m in FY 2026

Lower borrowing costs lift distributable income and DPU.

Frasers tenant sales rise 2.4% as contracts build pipeline

Company sees 56% sales at Singapore luxury project.