Singapore · Business
Same event, multiple sources, transparently cited.
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BlackRock’s GIP teams with Temasek, L’IMAD, ADNOC to target $30B infrastructure investments
BlackRock’s Global Infrastructure Partners formed a $30 billion partnership with Temasek, L’IMAD, and ADNOC to invest in Gulf and Middle East infrastructure projects.
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AEM Holdings posts 329% rise in Q1 net profit on strong AI-driven demand
AEM Holdings reported a 329% jump in Q1 2026 net profit to S$14.3 million, boosted by AI and high-performance computing demand.
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Eneos to Buy Chevron’s Downstream Asia-Pacific Assets for $2.17 Billion
Eneos Holdings agreed to acquire Chevron’s refining and retail assets across Asia-Pacific for $2.17 billion in cash.
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Housing markets soften in Britain and US as war fears lift rates
Estate agents in England and Wales and US housing analysts reported weaker demand as war fears and higher mortgage rates weigh on buyers.
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Cisco plans nearly 4,000 job cuts as AI-driven restructuring follows strong quarterly revenue
Cisco announced it will cut nearly 4,000 jobs while raising its full-year revenue forecast after reporting strong fiscal Q3 results.
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Singapore reappoints Gan Kim Yong as MAS chairman, adds Ong Pang Thye
Singapore reappointed Deputy Prime Minister Gan Kim Yong as MAS chairman and named Ong Pang Thye to the board.
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Singapore review calls for bold bets on new growth areas and AI-ready jobs
Singapore's Economic Strategy Review has issued 32 final recommendations to secure growth and create good jobs.
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Air India to suspend some international flights from June to August
Air India will suspend and cut several international flights from June through August as fuel costs rise.
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Modi urges Indians to cut fuel use, travel and gold buys as costs rise
Narendra Modi urged Indians to use less fuel, travel abroad less and delay gold purchases as India faces pressure from higher oil costs.
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Singapore economic review sets 32 recommendations on jobs and AI
Singapore’s Economic Strategy Review committees submitted 32 final recommendations on May 13 to help workers and keep the economy competitive.
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Sea Limited reports 6% net profit growth and strong Q1 2026 revenue
Sea Limited posted Q1 2026 net profit of $428 million and revenue of $7.1 billion, driven by growth across Shopee, Monee, and Garena.
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Iran war squeezes jet fuel supplies as summer travel nears
The Iran war has tightened global jet fuel supplies and is threatening summer flights as prices surge.
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Genting Singapore Q1 FY2026 net profit falls 55% on lower gaming revenue
Genting Singapore reported a 55% drop in net profit to S$65.2 million for Q1 FY2026 amid weaker gaming revenue and rising costs.
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GM to cut about 500-600 IT staff in global restructuring
General Motors will cut hundreds of IT jobs worldwide as it shifts the unit to support more software and AI work.
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SIA Engineering profit rises 20.9% and board lifts final dividend
SIA Engineering shares rose on Tuesday after the aircraft maintainer reported higher second-half profit and revenue and proposed a bigger dividend.
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UBS says Asia-Pacific heirs seek earlier wealth transfer planning
UBS said Asia-Pacific heirs are pushing for earlier, professional planning as a US$83 trillion wealth transfer begins.
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Singapore equities see stronger trading and renewed investor interest
Singapore’s equities market has seen higher trading activity and more investor interest over the past year, market participants said.
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Hmlet co-founder Kamalski returns as CEO after Habyt deal
Yoan Kamalski has returned as CEO of Hmlet about five years after stepping down, with Mitsubishi Estate backing the company.
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More young adults in Singapore buy private homes for investment
Young adults are entering Singapore's private property market in greater numbers as banks report rising home loans and bigger borrowing.
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Middle East conflict lifts South-east Asia nuclear energy interest
The Iran war has sharpened South-east Asia's interest in nuclear power as oil and gas disruptions drive up costs and fuel supply risk [s1]
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Singapore updates Integrated Shield Plan riders with new deductible and co-payment rules from April 2026
Singapore's Ministry of Health introduced new medical insurance rules on April 1, 2026, changing coverage and costs for Integrated Shield Plan riders.
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HDB Lowers Rents as Northshore Plaza Faces Vacancies and Falling Footfall
HDB reduced rents by 10-30% for about 40 tenants at Northshore Plaza amid 12 vacant shops and lower customer traffic.
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ASEAN stresses need for deeper integration amid global economic risks
ASEAN businesses face rising volatility and fragmented global trade, urging stronger regional ties and new partnerships.
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Indonesia scraps EV tax break, raising concern over prices and demand
Indonesia scrapped a tax exemption for electric vehicles, a shift expected to lift prices and cool demand.