Singapore · Business
Same event, multiple sources, transparently cited.
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About 1,500 ships stranded near Strait of Hormuz await reopening deal completion
Nearly 1,500 ships stuck in the Persian Gulf await protocols to resume passage as US and Iran near a reopening deal for the Strait of Hormuz.
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Construction at Chong Pang City to resume after roof damage incident at Yishun block
Construction work at Chong Pang City will restart on May 26 after a metal bar damaged a nearby HDB block roof in May 2023.
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Sats Reports 31% Rise in Q4 Net Profit Despite Impact from Middle East Conflict
Sats posted a 31% increase in Q4 net profit to S$50.7 million despite challenges from Middle East tensions.
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High Court criticizes UOB for inconsistent legal stance on late payment fees in mortgage case
The High Court assistant registrar criticized UOB for repeatedly withdrawing late payment fee claims after court scrutiny in a 2026 mortgage lawsuit.
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Singapore to rezone south Lim Chu Kang farmland for defence, reallocates north for farming
Singapore will zone agricultural land south of Lim Chu Kang for defence and shift farming to northern plots, announced May 25, 2026.
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Malaysian man sentenced to over 5 years for role in $3 million Singapore scam
Lau Chun Kiat was jailed for five years and five months for maintaining servers used in a $3.19 million scam targeting 129 Singapore victims.
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Addvalue Technologies reports 48.5% H2 net profit rise; shares jump on SGX
Addvalue Technologies posted a 48.5% rise in H2 fiscal 2026 net profit and saw its shares gain between 14.5% and 20.3% in Singapore trading.
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Former DBS manager jailed 6½ years for cheating victims of nearly $1.4 million
Benjamin Chung Hiang Wee was sentenced to 6½ years in jail for cheating seven victims close to $1.4 million in Singapore.
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Singapore Airlines to Boost Singapore-Amsterdam Flights to 10 Weekly from August to October 2026
Singapore Airlines will increase flights between Singapore and Amsterdam to 10 weekly services from August 1 through October 22, 2026.
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Aspial Lifestyle raises S$84.8 million via private placement and preferential offering
Aspial Lifestyle raised S$84.8 million through a private placement and preferential offering in May 2026.
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Singapore-listed firms report robust financials and strategic deals in late May 2026
The Hour Glass, Sats, IHH Healthcare and others disclosed earnings and new investments for Q1 and H2 ending March 31, 2026.
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US Equity Markets Rally on AI Gains Despite High Valuations and Interest Rate Pressures
The S&P 500 nears record highs driven by AI sector strength as valuations and Treasury yields raise concerns.
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Guidance on Handling Reference Checks Involving Current Employers in Singapore
Experts advise candidates to manage reference checks carefully to avoid risking current jobs when prospective employers seek contacts at current workplaces.
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Cycle & Carriage MD affirms company independence amid shareholder change rumors
Cycle & Carriage managing director Wilfrid Foo stressed the company’s independence despite majority shareholder Jardine Cycle & Carriage.
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Cryptocurrency scam with fake job offers causes US$11.8 million losses in Singapore
A cryptocurrency-related scam using fake job offers and spoofed websites caused US$11.8 million in losses in Singapore, authorities said.
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Singapore MRT achieves record 9 months without delays over 30 minutes as reliability rises
The Singapore MRT network recorded nine consecutive months without a delay exceeding 30 minutes as of July 2026, marking its longest streak since 2011.
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US names Singapore among 40 countries in China’s tariff evasion transshipment network
The White House report on August 13 identifies Singapore as part of a 40-country network used by Chinese exporters to evade US tariffs.
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Olam Group reports nearly sixfold rise in H1 2026 profit to S$1.9 billion on divestment gains
Olam Group reported a net profit of about S$1.9 billion for H1 2026, up nearly six times from a year earlier, driven by divestment gains.
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Explosion at Rotterdam port kills one and injures several during maintenance
An explosion at Rotterdam port’s petroleum storage area on August 13 killed one person and injured several others.
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Air India mandates drug testing for all pilots after captain tests positive for marijuana
Air India requires all pilots to undergo mandatory drug tests starting August 13 following a captain's positive marijuana test after a flight incident.
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Tata Sons chairman Chandrasekaran to step down in February 2026 amid $120 billion plan uncertainty
Natarajan Chandrasekaran announced he will step down as Tata Sons chairman in February 2026, raising questions over the $120 billion investment program.
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South Korea boosts housing fund to 47.8 trillion won, supports young homebuyers
South Korea raised construction financing to 47.8 trillion won and expanded loans for young and newlywed homebuyers on August 13, 2026.
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Singtel Q1 net profit falls 71% to S$818 million; underlying profit rises 21%
Singtel's net profit for Q1 2026 dropped 71.6% to S$818 million due to non-recurrence of last year's Airtel stake sale gains, while underlying profit grew 21%.
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Over 2.4 Million Singaporeans to Receive Enhanced Cost-of-Living Payment from September 9
More than 2.4 million adult Singaporeans will automatically receive special payments of S$400 to S$600 starting September 9, 2026.