News

JTC launches two industrial sites under 1H 2026 land sales programme

JTC launches two industrial sites under 1H 2026 land sales programme

The Jalan Besut and 5 Tuas Avenue 13 plots bring total industrial land released under the programme to 6.89ha.

75% of Singapore banking leaders report rising fraud losses

Social engineering scams emerged as the leading threat.

Singapore stocks draw $611m in institutional inflows in June

Financial services led the buying as the STI reached a record high and posted a 13.7% total return for 1H 2026.

Daily Markets Briefing: STI down 0.18%; Top stock is ST Engineering

ST Engineering is the top stock with a 1.64% increase.

AI shifting how wealth management solutions are built and delivered at scale

DBS aims to reduce time spent on preparing investment insights from hours to minutes using agentic AI.

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.

Banks urged to turn pricing into a strategic growth lever

A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.

AI governance failures threaten banks’ returns

95% of GenAI spend has no outcome as organisations remain in the early stages of adoption.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.

Trust Bank taps ecosystem to fuel digital banking growth

The digital lender credits partnerships, not just tech, for its scale to one million customers in under four years

AI avatars Wendy and Wayne debut in OCBC WoW app

New app debuts round-the-clock portfolio insights through virtual advisers.

Singapore strengthens data hub role with new India subsea links

The new capacity targets Asia’s growing cloud, AI, and enterprise traffic.

Over half of InfoSec pros told to keep silent on breaches: report

Nearly 77% fear disabling weaponised tools over business disruption.

HDB to begin Long Island coastal works by year-end

Its first phase will take place in the waters west of Bedok Jetty.

White Sands retail mall sold for $467m

Offers approximately 150,352 square feet of net lettable area.

Households earning at least $30k monthly nearly double in five years

Investment gains rose from 9.6% to 13.5% of total income. 

PLife REIT sells Japan nursing home for $9.4m

The disposal locks in a 38% gain over its 2008 purchase price.