News
SATS profit rises 9.1% YoY to $70.9m for Q1 FY26
SATS profit rises 9.1% YoY to $70.9m for Q1 FY26
This is attributed to volume growth in its cargo and aviation food services.
MOM to launch dedicated online tab for reporting illegal delivery work
The Platform Workers Trilateral Group will continue addressing worker concerns.
Wing Tai Director’s children buy four units at River Green development
Sale prices range from $1.96m to $2.0m per unit.
Singapore Gen Z lose brand trust over generic AI replies: survey
Singapore’s AI natives use an average of five different AI applications — more than their non-AI native counterparts, who average just three.
Singapore wholesale sales drop 10.9% as Q2 trade slows
The steepest drops were seen in energy-related and chemical industries.
Singapore mall retailers report 77% pushback on AI rollout
Most prefer a hybrid approach—57% use AI to generate insights but keep decision-making in human hands.
Singapore office supply to stay below average through 2027
From 2025 through 2027, annual new office completions are expected to range from 800,000 to 1.6 million square feet.
Singapore warehouse demand softens amid supply surge: report
Supply in 2027 is projected to remain elevated at around 5 million square feet.
AI uncertainty highest among Singapore knowledge workers: study
16% of Singapore workers expect AI to benefit their jobs, but 11% fear it may replace them.
East Village strata units launched for $71.8m
The ground-floor units include 11 food and beverage-approved shops.
Singapore ranks most expensive market for prime residences: Savills
This is due to the ABSD placed on purchase prices.
Daily Markets Briefing: STI up 0.01%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 2.52% increase.
Shein considers moving HQ to China ahead of Hong Kong IPO
It has consulted lawyers about setting up a parent company in mainland China.
Condo rental prices edges up 1.5% MoM in July
Overall rental prices also increased by 3.1% YoY.
Otto Place’s overall take-up rate reaches 91% after its second balloting
The 600-unit EC project has now sold 547 units.
Thomson Medical unveils women’s cancer surgery clinic in Novena
It operates through referral pathways established with primary healthcare providers.
CapitaLand to advise Astaka on $465m Johor retail project
It will cover asset planning, pre-opening, and post-opening stages of the development.
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Commentary
Singapore’s digital confidence in the new retail era