Singapore · Business
Same event, multiple sources, transparently cited.
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Singapore workers’ real wages rose 4% in 2025 as inflation eased
Singapore workers saw a 4% rise in real wages in 2025, supported by lower inflation and improved firm profitability, the Ministry of Manpower said.
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Wilmar International shares plunge 10.5% amid Indonesian export investigation
Wilmar International's shares fell 10.5% on May 28 after Indonesia named it in a crude palm oil export probe over suspected under-invoicing.
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Bank of Singapore boosts hiring to expand ultra-high-net-worth client base by 30% by 2028
Bank of Singapore resumed aggressive hiring after a 2024 pause to grow ultra-high-net-worth client assets by 30% by 2028, CEO Jason Moo said.
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IHH Healthcare Q1 net profit rises 3% to RM528 million on patient volume gains
IHH Healthcare reported a 3% rise in Q1 net profit to RM528 million driven by Malaysia, Turkey, Europe, and Bayindir acquisition.
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MUFG Considers Options for Stake in Indonesia’s Bank Danamon
Mitsubishi UFJ Financial Group is exploring a sale or take-private of its 92.5% stake in Bank Danamon, following new Indonesian listing rules.
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Canberra Drive EC Site Tender Launched under New Stricter Executive Condominium Rules
Singapore launched the Canberra Drive Executive Condominium tender on May 26, the first site under tighter EC rules restricting buyer eligibility and payments.
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Shipping executive Teo Siong Seng takes leave amid US container price-fixing indictment
Teo Siong Seng, PIL chairman, takes leave after US DOJ indicted him over alleged container price fixing.
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Erin Brockovich launches US citizen platform tracking AI data center projects
Erin Brockovich launched a public platform mapping data center projects across the US as of May 2026.
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External Explosion Causes Fuel Leak on Greek Tanker near Oman Coast
A Greek-owned tanker Olympic Life suffered an external explosion off Oman on May 26, causing bunker fuel leakage but no injuries.
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CBA CEO Warns AI Will Shrink Teams and Cost Jobs Across Economy
Commonwealth Bank CEO Matt Comyn said AI will reduce jobs and teams, urging firms to help staff adapt to changes.
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MAS removes mandatory financial advice for most retail investors buying complex products in Singapore
The Monetary Authority of Singapore has ended mandatory financial advice for most retail investors purchasing complex financial products, effective May 15, 2026.
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Anonymous Bidder Wins $9M Charity Lunch with Warren Buffett and Stephen Curry
An anonymous bidder paid $9 million for a charity lunch with Warren Buffett, Stephen Curry, and Ayesha Curry, benefiting two nonprofits.
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AEM tops Singapore value traded stocks after brief surge above S$10 on May 15
AEM surpassed DBS in total traded value on May 15, briefly hitting S$10.68 before closing down at S$9.25.
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First Resources posts 53.1% net profit rise to $96.6M in Q1 2026
First Resources reported a 53.1% increase in Q1 2026 net profit to $96.6 million, driven by higher production and sales revenue.
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ThaiBev reports 3.2% net profit decline in H1 2026 on impairment and weak beer sales
Thai Beverage posted a 3.2% drop in H1 2026 net profit to 14.2 billion baht amid an impairment loss and lower beer revenue.
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Jardine Matheson to acquire Australian diagnostic imaging group I-MED for A$3.4 billion
Jardine Matheson agreed to buy I-MED Radiology Network for A$3.4 billion, expanding its healthcare portfolio in Australia and New Zealand.
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Indonesia to centralize exports of key commodities under new state agency
Indonesia will centralize exports of palm oil, coal, and some nickel products under Danantara Sumberdaya Indonesia starting June 1, 2026.
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SMRT to increase pest control after rat spotted on East-West Line train
SMRT confirmed a rat sighting on an East-West Line train and will boost pest control at stations and depots.
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Singapore to raise ERP rates by S$1 at two locations from June 29, offer discounts during June holidays
Singapore Land Transport Authority will increase ERP rates by S$1 at two spots from June 29 and offer S$1 discounts at six locations during June school holidays.
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Singapore aims to cut private bank account opening time to within one month by end 2026
Monetary Authority of Singapore and private banks plan to reduce account opening time for wealthy clients from six weeks to one month by end 2026.
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Singapore’s Core Inflation Falls to 1.4% in April Amid Mixed Sector Trends
Singapore’s core inflation eased to 1.4% in April 2026 from 1.7% in March, with sector shifts driving mixed price changes.
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Singapore keeps 2026 GDP growth forecast at 2-4% after 6% Q1 expansion
Singapore’s economy grew 6% year-on-year in Q1 2026, but the government maintained its 2-4% growth forecast amid geopolitical risks.
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Singapore stocks fall after Trump-Xi meeting fails to boost sentiment on May 14-15
Singapore stocks declined on May 14 and 15 as the Trump-Xi meeting failed to improve investor confidence.
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Singapore's April 2026 Marine Fuel Sales Fall to Lowest Level in Over a Year
Singapore recorded an 8.7% month-on-month drop in marine fuel sales in April 2026 to about 4.35-4.4 million tonnes, the lowest since early 2025.