Singapore · Business
Same event, multiple sources, transparently cited.
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Sea Ltd forms AI investment team to drive growth beyond e-commerce
Singapore’s Sea Ltd has created a dedicated AI investment team to accelerate AI adoption and find growth opportunities beyond its e-commerce business.
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COE premiums rise across most categories in August 19 Singapore bidding exercise
Singapore's August 19 COE bidding saw premiums rise in four of five categories as demand remained strong.
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South Korea considers Jeonbuk for new financial hub to ease Seoul overcrowding
South Korea is exploring Jeonbuk province, 200 km south of Seoul, as a new financial center to reduce concentration in the capital region.
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Peter Seah steps down as National Wages Council chairman; Hsieh Fu Hua takes over
Peter Seah stepped down as National Wages Council chairman and was succeeded by Hsieh Fu Hua on August 19, 2026.
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Singapore denies allowing export of construction waste to Pontian, Johor for dumping
Singapore’s NEA denies export of construction and demolition waste for disposal in Johor amid Malaysian investigations of illegal dumping.
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US Military Planes at Ben Gurion Airport Reduce Capacity, Cause Heavy Losses
Ben Gurion Airport is operating at one-third capacity due to US military planes, triggering major flight cancellations and $248 million losses over two months.
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Osim founder Ron Sim sells 7.3% stake in Trek 2000, drops legal claims
Ron Sim sold a 7.3% stake in Trek 2000 to Azure Capital and withdrew legal claims against the company in May 2026.
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Singapore venture funding falls 34% in 2025 despite AI and deep tech growth
Singapore start-ups raised S$5.9 billion in venture capital in 2025, down 34% from 2024, while AI and deep tech deal values rose sharply.
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France to Reimburse Anti-Obesity Drugs for Severely Obese Patients from June 2026
France will reimburse weight-loss drugs for severely obese patients starting mid-June, becoming the first EU country to do so.
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Valuetronics H2 2026 Net Profit Falls 69.8% Amid Consumer Electronics Slump
Valuetronics reported a 69.8% drop in H2 FY2026 net profit to HK$24.1 million, citing weaker consumer electronics sales and impairment losses.
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Cambodia seeks UN conciliation to end maritime dispute with Thailand amid energy crisis
Cambodia announced plans to pursue UN compulsory conciliation to resolve its maritime boundary dispute with Thailand and access valuable energy resources.
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Six More Singapore Bus Interchanges to Undergo Upgrades from 2027
Singapore will begin upgrading six bus interchanges in 2027 to improve facilities, comfort, and accessibility.
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More than Half of UK Businesses Say AI Has Created New Jobs, Study Finds
Over 50% of UK firms report AI-created jobs as companies reshape hiring around AI skills and roles.
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Indonesia to launch commodity exchange covering palm oil, nickel, and coal in 2027
Indonesia will open a commodity exchange on January 1, 2027, trading palm oil, nickel, and coal to set domestic reference prices.
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Singapore private home sales triple in July 2026 as developers restart launches
Developers sold 731 new private homes in Singapore in July 2026, up from 156 units in June, after resuming project launches.
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BHP Group reports record USD 13.2 billion profit led by copper, highest dividend in four years
BHP Group reported a 30% rise in full-year profit to USD 13.2 billion driven by copper earnings, and declared its highest dividend in four years.
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IEA projects $3.4 trillion global energy investment in 2026 with record solar and nuclear spending
The International Energy Agency expects $3.4 trillion in global energy investments in 2026, led by solar, nuclear, and natural gas growth amid ongoing energy crisis management.
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Singapore extends HFC emission limits to commercial refrigeration and vehicle air-conditioning
Singapore's NEA announced that new emission limits for hydrofluorocarbon gases will apply to large commercial refrigeration and vehicle air-conditioning starting 2027 and 2028.
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Carousell partners with SPX Express to offer cheaper, simpler delivery in Singapore
Carousell teamed up with SPX Express to provide flexible, affordable delivery options for users in Singapore.
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TSMC CEO pledges over 30% rise in employee profit-sharing bonuses in 2026
TSMC CEO CC Wei announced that employee profit-sharing bonuses will increase by more than 30% year-over-year in 2026.
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Kallang Distripark to be redeveloped into thousands of private homes with new park
URA proposed redeveloping the 13-hectare Kallang Distripark site into private housing and parkland on August 14.
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S&P 500 opens mixed amid US-Iran tensions and strong AI revenue forecast
The S&P 500 opened slightly lower or mixed on August 17 as markets balanced Middle East risks and Anthropic's bullish AI revenue outlook.
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US dollar hits lowest level since June as rate hike bets fade amid weak economic data
The US dollar fell to its lowest since early June on August 17 as softer US data and reduced Fed rate hike expectations weighed on the currency.
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Many Filipinos Unable to Afford Homes as Manila’s Housing Prices Soar
Finance professional Dayanara Lim could not buy her Metro Manila unit after a rent-to-own deal and moved to smaller rented housing in May 2026.