Singapore · Business
Same event, multiple sources, transparently cited.
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OUE Reit to sell Crowne Plaza Changi Airport hotel for S$500 million to Tokyo Century-OUE JV
OUE Reit announced the sale of Crowne Plaza Changi Airport hotel to a joint venture between OUE Limited and Tokyo Century for S$500 million.
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EU aviation agency urges airlines to avoid Iranian and Lebanese airspace amid fragile ceasefire
The EU aviation safety agency EASA told airlines to keep avoiding airspace over Iran, Iraq, and Lebanon despite a US-Iran ceasefire deal.
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Singapore-flagged Ever Lovely struck by unknown projectile in Strait of Hormuz
The Singapore-flagged container ship Ever Lovely was hit by an unknown projectile near Oman in the Strait of Hormuz without casualties or environmental damage.
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Asian Air-Conditioner Makers See Sharp Sales Rise Amid European Heatwave
Samsung, Midea, and Mitsubishi Electric report strong sales as Europe faces record heat and demand for cooling soars.
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Singapore hikes Malaysian taxi fee from S$2/month to S$15 per trip starting 2027
Singapore will charge Malaysian taxis S$15 per trip from January 1, 2027, up from S$2 monthly, narrowing cost differences between taxis from both countries.
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Airbus to inspect 16 A380 planes after cracks found in wing beams
Airbus will inspect 16 A380 aircraft, including 15 operated by Emirates and one by Qantas, following cracks detected in wing spar structures.
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Lazada to cut 5% of workforce across Southeast Asia including Singapore
Lazada announced layoffs of about 5% of its Southeast Asian staff, including Singapore, notifying employees by June 23, 2026.
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US stock markets dip amid tech sell-off and Middle East progress in late June 2026
The S&P 500 and Nasdaq fell between June 22 and 25, dragged down by megacap tech declines and Middle East developments, while the Dow gained on sector strength.
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GoTo and Grab to cut driver commissions to 8% in Indonesia starting July 1
GoTo and Grab will reduce commissions for two-wheeled drivers in Indonesia from 20% to 8% beginning July 1, 2026.
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Singapore civil servants to receive 0.45-month mid-year bonus with extra payments for juniors
Singapore’s civil servants will get a 0.45-month mid-year bonus in 2026, with additional one-time payments for junior officers announced today.
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SoftBank-backed Carro plans US IPO with possible Singapore dual listing in 2026
Carro is preparing for a US IPO as soon as June 2026 and may also seek a dual listing in Singapore.
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OCBC to Double Wealth Advisers in Indonesia to 400 by End of 2026 Amid Asset Growth
OCBC plans to double wealth advisers in Indonesia to 400 by year-end after client assets rose 11% to 127 trillion rupiah.
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UK tribunal approves £3 billion collective lawsuit against Apple over iCloud
Britain's Competition Appeal Tribunal allowed consumer group Which? to sue Apple on behalf of nearly 40 million iCloud users over alleged anti-competitive practices.
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US Treasury issues 60-day waiver allowing limited Iranian crude oil sales
The US Treasury issued a 60-day waiver permitting some US refiners to buy Iranian crude oil amid efforts to ease Strait of Hormuz tensions.
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Singtel sells 2.8% stake in Thailand’s Gulf Development for about S$1 billion
Singtel sold a 2.8% stake in Gulf Development through a private placement for around S$1 billion on June 23, 2026.
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KPMG Australia chairman and two partners resign amid audit scandal
KPMG Australia announced resignations of chairman Martin Sheppard and audit partners Paul Rogers and Eileen Hoggett amid an ongoing scandal.
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SpaceX shares fall 23% in three days, wiping out over $600 billion in market value
SpaceX shares dropped for three straight days through June 22, 2026, erasing over $600 billion in market value amid bond sale plans and AI expansion.
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Value Network Ventures to trial eco-friendly rice farming with EDB grant
Value Network Ventures received a Singapore EDB grant to trial eco-friendly rice farming that cuts methane emissions and plans to expand its local team.
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SGX RegCo Sets Three-Year Limit for Long-Term Suspended Companies
SGX RegCo announced a rule requiring companies suspended over three years to show progress or face delisting.
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Bank of Japan Governor Ueda meets Prime Minister Takaichi, no June rate hike discussed
Bank of Japan Governor Kazuo Ueda met Prime Minister Sanae Takaichi on Friday to discuss monetary policy but did not talk about a rate hike in June.
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Citi to hire 500 wealth management staff globally with focus on Asia
Citigroup plans to hire about 100 private bankers and 400 specialists globally, prioritizing Asia where its private bank grows fastest.
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Taiwanese brothers’ stake in Himax lifts their net worth to $1 billion amid chip boom
Brothers Biing-seng and Jordan Wu have amassed $1 billion from Himax Technologies as its display driver chip shares soar in 2026.
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ComfortDelGro launches free autonomous shuttle rides open to public in Punggol
ComfortDelGro began free public autonomous shuttle rides in Punggol on June 22, serving a 25-minute route with bookings via app.
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Malaysia Airlines and Singapore Airlines launch joint fare products for KL-Singapore route
Malaysia Airlines and Singapore Airlines launched new joint fare products for travel between Kuala Lumpur and Singapore today.