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Month: July 2026

Posted on 31/07/2026

Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

Deal to buy Orchard Road complex from entity owned by Wharf Real Estate Investment is first by developer’s Singapore investment fund.

Posted on 31/07/2026

Sustainability of AI investment boom is ‘major uncertainty’ amid ‘benign’ global financial conditions: MAS

AI-driven electronic exports account for over 70% of Asia’s export growth year-to-date up from 46% in 2024, while AI-connected firms now account for over 40% of the market capitalisation on the S&P500 ...

Posted on 31/07/2026

Owner of Singapore-based Vietnamese matchmaking agency retires after 3 decades, sells business for $76,000

The owner of a Singapore-based matchmaking agency linking Singaporean men with Vietnamese women is selling the business for S$99,000 (US$76,700) as he plans to retire after more than 30 years.

Posted on 31/07/2026

Massive Attack investigated after reports of pro-Palestinian display in Singapore show

The UK band reportedly expressed pro-Palestinian sentiments during a performance.

Posted on 31/07/2026

StanChart to transfer some credit card, personal loan customers to Trust Bank

The move will not affect Standard Chartered banking products such as deposit accounts, wealth products and insurance policies.

Posted on 31/07/2026

Singapore tax clarification clouds returns from leveraged FCNR deposits: Report

Singapore's tax authority has clarified that leveraged FCNR(B) deposit structures may attract withholding tax on loan interest, raising concerns over returns for NRIs.

Posted on 31/07/2026

Singapore’s Wave Films Taps Former Cambodian Broadcasting Chief Dave Ulmer To Drive U.S. Expansion

Production services outfit Wave Films has tapped Dave Ulmer, former CEO of Cambodian Broadcasting Service, as an Exec Producer based in Los Angeles.

Posted on 31/07/2026

Singapore’s first Concours d’Elegance brings rare vintage cars to IMBA this August

If you're the kind of person who slows down every time a vintage Ferrari drives past, here's one for you: a new Singapore car show is bringing together some of the world's rarest classics, and you'll ...

Posted on 31/07/2026

S’pore banks using AI agents to vet private banking clients, speed up onboarding

Discover how agentic AI is revolutionising banking compliance and customer onboarding, speeding up processes while maintaining regulatory standards. Read more at straitstimes.com. Read more at ...

Posted on 31/07/2026

Hongkong Land To Acquire Singapore’s Wheelock Place From Wharf For $900 Million

The deal marks the first purchase for Hongkong Land’s Singapore Central Private Real Estate Fund, lifting the fund’s assets under management to $7.3 billion. ( read original story ...)

Posted on 31/07/2026

Asian property giant Hongkong Land to acquire Singapore’s 21-story building for $900M

Hongkong Land, one of Asia's largest commercial property owners, will acquire Singapore’s Wheelock Place, a mix-used property, for about SGD1.1 billion (US$900 million). ( read original story ...)

Posted on 31/07/2026

Singapore employment grows in Q2 despite global uncertainty, even as retrenchments rise

Unemployment rates remained low and broadly stable, said the Manpower Ministry in an advance release of its quarterly labour force report.

Posted on 31/07/2026

This free night-time light trail in Bras Basah-Bugis transforms Singapore’s myths into interactive art

The free night-time experience that runs from Aug 1 to Sep 5 features five light installations inspired by Singapore's myths, folklore, legends and everyday superstitions.

Posted on 31/07/2026

Singapore adds more jobs in Q2 even as retrenchments rose

Discover the latest Singapore labour market data showing a rise in retrenchments alongside job growth in the second quarter of 2026. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 31/07/2026

Citi downgrades OCBC to ‘neutral’ despite expecting 2QFY2026 to come ahead of expectations

Citi Research’s Tan Yong Hong has downgraded Oversea-Chinese Banking Corporation (OCBC) to “neutral” despite expecting the bank’s 2QFY2026 results to beat expectations.

Posted on 31/07/2026

DBS COO’s most important tip for AI transformation: Lead with ‘why’

In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’ Read more at The Business Times.

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