Singapore · Business
Same event, multiple sources, transparently cited.
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Singapore Airlines posts S$76 million Q1 loss despite record revenue amid rising fuel costs
Singapore Airlines reported a S$76 million net loss in Q1 FY2026 due to soaring fuel costs and Air India losses despite record revenue growth.
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Singapore extends ABSD remission timelines for large en bloc housing projects
Singapore extends ABSD remission timelines from July 29, 2026, giving developers more time to complete and sell large en bloc residential projects.
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Singapore banks DBS, OCBC, and UOB report record Q2 profits driven by fees
DBS, OCBC, and UOB posted record Q2 profits driven by wealth management and fee income despite lower interest margins.
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IEA warns global economy at risk if Strait of Hormuz crisis continues
IEA Executive Director Fatih Birol warned the global economy faces serious risks if the Strait of Hormuz remains closed for weeks.
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Japan urges pension funds including GPIF to boost domestic investments, lifting yen
Finance Minister Satsuki Katayama called on pension funds to raise allocations to Japanese assets, pushing the yen up about 0.6% on July 10, 2026.
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Temasek Holdings reports record S$518 billion net portfolio value ending March 2026
Temasek Holdings posted a 10.5% rise in net portfolio value to S$518 billion for FY2025-26 despite Middle East conflict impacts.
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Singapore to Invest S$800 Million in Transport Research and Innovation Under RIE2030
Singapore announced S$800 million funding over five years to boost transport research focusing on autonomous systems and digital twins.
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Singapore property market posts steady growth across sectors in Q2 2026
Singapore’s industrial, residential, retail, and office property sectors saw steady growth in rents and prices in Q2 2026, supported by rising occupancy and rental demand.
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Singapore Tops Global Luxury Spending Costs for Fourth Year in Julius Baer Index
Singapore remains the world’s most expensive city for luxury spending in 2026, driven by high residential and car costs and a strong Singapore dollar.
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Australian home prices fall sharply in June, biggest drop since December 2022
Australian home prices fell 0.4% nationally in June 2026, driven by steep declines in Sydney and Melbourne amid rising interest rates and tax changes.
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Singapore's Q2 GDP grows 5.7% led by AI-driven manufacturing surge
Singapore's economy expanded 5.7% year-on-year in Q2 2026 with strong AI-driven manufacturing growth, amid easing overall GDP growth.
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South Korean chip stocks plunge amid AI investment doubts and China competition
Shares of South Korean chipmakers SK Hynix and Samsung Electronics dropped sharply amid AI spending concerns and rising Chinese competition.
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Visa to cut 7% of workforce, mostly in tech and product teams
Visa announced it will cut about 2,600 jobs, 7% of its workforce, to improve efficiency amid industry competition.
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Singapore and Japan See Core Inflation Rise in June 2026 Amid Energy Price Pressures
Singapore’s core inflation rose to 1.6% and Japan’s to 1.6% in June 2026 as higher energy costs pushed prices up in both economies.
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Philippines approves record 12% minimum wage hike for Metro Manila workers amid inflation
The Philippines raised Metro Manila’s minimum wage by 12%, affecting over 1.1 million workers starting July 19, 2026.
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Singtel CEO's pay cut 17% after Optus and Singapore network outages
Singtel cut CEO Yuen Kuan Moon's pay by 17% after major outages affected Australia and Singapore networks.
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DBS completes first $1 billion significant risk transfer deal by a Singapore bank
DBS finalized a $1 billion significant risk transfer transaction on June 30, marking a first for a Singapore bank.
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Gold prices fall 24-28% in H1 2026 amid US-Iran tensions and Fed rate hike outlook
Gold prices dropped sharply in early 2026 due to US-Iran conflict, Fed rate hike expectations, a stronger dollar, and inflation concerns.
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Santé Accel Singapore launched to support medtech startups with funding and expertise
Santé Accel Singapore launched June 29 to boost local medtech startups with capital, mentorship, and global networks.
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Singapore raises electricity tariffs 17% and gas tariffs 7.1% for July-September 2026
Singapore will increase household electricity tariffs by 17% and town gas tariffs by 7.1% from July to September 2026 amid Middle East conflict fuel price rises.
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ACCC sues Amazon Australia over alleged unfair Prime Video subscription terms
The Australian Competition and Consumer Commission filed a lawsuit against Amazon Australia over unfair contract terms in Prime Video subscriptions.
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AirTrunk nears confidential filing for largest Singapore IPO since 2017
AirTrunk plans to confidentially file for a Singapore IPO aiming to raise about US$1.5 billion, the biggest since 2017.
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Singapore opens first dedicated residential facility for bus drivers near Sengkang West Depot
Singapore launched its first residential facility for bus drivers near Sengkang West Depot, housing nearly 200 drivers since late May 2026.
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Strata-Titled Cinema Space at Golden Mile Tower Launched for Sale at S$31 Million
CBRE launched the sale of a strata-titled cinema space at Golden Mile Tower, Singapore, with a guide price of S$31 million.