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Month: February 2026

Posted on 27/02/2026

UI Boustead REIT lodges IPO prospectus for $1.9 bil commercial property portfolio

UI Boustead REIT is seeking to raise $1.2 billion as part of the IPO, beating NTT DC REIT’s US$773 million ($976 million) debut in July 2025.

Posted on 27/02/2026

Premier League trialling direct-to-consumer streaming in Singapore: Is this the future?

Will it be replicable elsewhere? That’s what we’re going to find out,” league CEO Richard Masters said on Thursday.

Posted on 27/02/2026

HSBC looks to sell Singapore life insurance manufacturing unit in over $1B deal – report

HSBC Holdings (HSBC) (HBCYF) is looking to sell its Singapore life insurance product manufacturing business in a deal expected to be valued at over $1B, three sources with knowledge of the matter told ...

Posted on 26/02/2026

UI Boustead Reit lodges IPO prospectus, raising S$1.2 billion at S$0.88 per unit

Its initial portfolio will comprise 23 properties with a total net leasable area of 5.3 million sq ft Read more at The Business Times.

Posted on 26/02/2026

HSBC kicks off Singapore insurance business sale, eyes over US$1 billion value: sources

[HONG KONG] HSBC has started the sale process for its Singapore life insurance product manufacturing business with the hiring of an adviser, and is hoping for the deal to be valued at more than US$1 ...

Posted on 26/02/2026

Singapore Tourism Board and Ant International Deepen Partnership to Accelerate Tourism Growth Through Travel Innovation

The Singapore Tourism Board (STB) and Ant International, renewed their multi-year strategic partnership to deepen tourism-led economic impact by ...

Posted on 26/02/2026

Investment Proposals Worth ₹1 Lakh Crore Received in Singapore, MoUs Worth ₹60 Thousand Crore Signed: CM Yogi

Chief Minister Yogi Adityanath, who is on a visit to Singapore with the goal of making Uttar Pradesh a 1 trillion dollar economy by the year 2029-30, stated that Team UP has received investment ...

Posted on 26/02/2026

S’pore to invest in next-gen space tech, eyes jobs in high-growth sector: Gan Kim Yong

Singapore will invest in next-generation space technology and capabilities, creating jobs and economic value in a high-growth sector. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/02/2026

Singapore’s Grab bets on AI, new services to triple profit by 2028

By Yantoultra Ngui and Jun Yuan Yong SINGAPORE, Feb 26 (Reuters) - Southeast Asia's top ride-hailing and delivery firm, Grab, is betting on artificial intelligence and expansion of new services such ...

Posted on 26/02/2026

Budget 2026 debate: No ‘jobless growth’ in Singapore even as AI reshapes economy, says PM Wong

The government will invest “more deliberately and more systematically” in Singaporeans, said the prime minister.

Posted on 26/02/2026

Singapore factory output up 16.6% in January, more than expected, as electronics surge

Singapore's factory output rose 16.6% in January 2026, marking a fifth consecutive month of growth, driven by electronics and transport engineering, EDB reported. Electronics output surged 44% due to ...

Posted on 26/02/2026

Economists raise Singapore’s 2026 growth forecast to 3.6%, majority see MAS holding in April

They expect 2026 full-year gross domestic product growth to come in at 3.6 per cent, up from the 2.3 per cent projection in December’s survey. This is close to the upper end of the official forecast ...

Posted on 26/02/2026

HSBC kicks off Singapore insurance business sale, eyes over $1 billion value, sources say

HSBC has started the sale process for its Singapore life insurance product manufacturing business with the hiring ...

Posted on 26/02/2026

Asia’s biggest banks line up bids for HSBC assets in Indonesia

[HONG KONG] Some of Asia’s biggest banks are working on bids for HSBC Holdings’ retail assets in Indonesia, according to sources familiar with the matter, helping them to forge ahead in South-east ...

Posted on 26/02/2026

CNA938 Rewind – Singapore DBS, UOB, OCBC banks record mixed Q4 2025 earnings

Singapore’s three biggest banks have released their earnings for the fourth quarter of 2025 with DBS and UOB reporting lower net profits. Meanwhile, OCBC reported a 3% rise in fourth quarter profits, ...

Posted on 26/02/2026

HSBC Appoints Rishabh Verma as Head of Alternative Investments in Singapore

HSBC has appointed Rishabh Verma as head of alternative investments for its wealth and premier solutions division in Singapore. Verma, who joined HSBC in 2023 as an investment counsellor advising ...

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