Singapore · Business
Same event, multiple sources, transparently cited.
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DayOne explores dual IPO in Singapore and US to raise $5 billion
Singapore-based data center operator DayOne is planning a dual IPO in Singapore and the US targeting $5 billion in fundraising.
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Bank of Thailand warns broad stimulus may limit fiscal flexibility amid Middle East conflict
Bank of Thailand cautioned against broad consumption stimulus amid Middle East conflict impact, citing risks to fiscal space and urging structural reforms.
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Singapore charts AI roadmap to become trusted hub and boost economic resilience
Singapore’s Economic Strategy Review committee recommends positioning the country as a trusted AI solutions hub to enhance competitiveness and job creation.
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South Korea seeks emergency arbitration to prevent Samsung Electronics strike
South Korea will use all options, including emergency arbitration, to avoid a strike at Samsung Electronics and limit economic damage.
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Swatch and Audemars Piguet launch Royal Pop pocket watch collection in US
Swatch Group and Audemars Piguet launched the Royal Pop pocket watches with eight colorful models available May 16 in the US.
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Japan suspends new Type I skilled worker visas, hitting restaurant workforce growth
Japan’s Immigration Services Agency halted Type I skilled worker visa issuance from April 13, limiting new foreign workers in food service sectors.
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Singapore High Court orders winding up of 1MDB-linked entities, enabling claims against banks
Singapore High Court granted winding up orders for three 1MDB-linked companies, allowing claims against Standard Chartered and BSI Bank.
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Seatrium surge lifts Singapore stocks; Straits Times Index up 0.1% on May 12
Singapore stocks rose May 12 as the Straits Times Index gained 0.1%, led by a 5.4% jump in Seatrium shares.
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Singapore's LTA to trial new road signs and markings for ERP 2 system at five locations
Singapore's Land Transport Authority will test new road signs and markings for the ERP 2 tolling system at five sites from June to July 2026.
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Pop Mart Q1 sales growth slows to 80% as US market drops sharply
Pop Mart reported Q1 2026 revenue growth slowed to 80%, with US sales falling over 40% in April after a steep decline in March.
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Grab to launch revised 'streaks' bonus scheme for drivers on May 18 replacing special trip bonus
Grab will introduce a new 'streaks' bonus program for drivers starting May 18, 2026, after halting an earlier plan due to driver concerns.
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Singapore-listed companies report Q1 and H1 2026 results and corporate updates
OCBC, SIA Engineering, Genting Singapore, and others reported Q1 and H1 2026 financial results alongside bond issuances and corporate actions.
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Twelve Singapore Coffee Shops Complete Toilet Upgrades Using Government Grants
Twelve coffee shops in Singapore have finished toilet renovations or started deep cleaning under government hygiene grants.
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MOE boosts school bus operator support to 20% amid rising fuel costs
The Ministry of Education raised school bus operator support to 20% of fare revenue for May-June 2026 due to high fuel prices and may allow capped surcharges from July.
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New private home sales in Singapore soar 19% to 1,548 units in April 2026
Developers sold 1,548 new private homes in Singapore in April 2026, a six-month high driven by launches in Tengah and Bayshore.
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Singapore Airlines posts S$2.4 billion operating profit amid jet fuel cost surge and Air India losses
Singapore Airlines reported a 39% rise in operating profit to S$2.4 billion but net profit fell 57% due to losses from its Air India stake and higher fuel costs.
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India raises fuel prices for first time in four years amid Iran war impact
India’s state-owned refiners raised diesel and gasoline prices by about 3 rupees per litre on May 15, ending a four-year freeze.
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Keppel, Cantonment, and Prince Edward Road MRT stations to open July 12, completing Circle Line loop
Singapore’s Land Transport Authority will open three new Circle Line stations on July 12, completing the 39 km loop with 33 stations.
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CapitaLand Investment wins S$2.4 billion Income Insurance real estate portfolio mandate
CapitaLand Investment secured a S$2.4 billion portfolio mandate from Income Insurance in April 2026 to manage and grow its real estate assets.
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SingPost reverses sale plan, will upgrade and keep SingPost Centre mall
SingPost has decided to retain its SingPost Centre mall and upgrade it instead of selling the property.
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Singapore Airlines Reports 57% Profit Drop for 2025/26, Hit by Air India Losses and Middle East Conflict
Singapore Airlines posted a 57.4% drop in net profit for 2025/26 to S$1.18 billion due to Air India losses and Middle East fuel price spikes.
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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.