Singapore · Business
Same event, multiple sources, transparently cited.
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Fullerton Health co-founders fined for falsifying entertainment expense claims
Two Fullerton Healthcare co-founders were fined for submitting and approving falsified entertainment expense claims.
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Changi Airport opens satellite gate with aerobridges for remote stand flights
Changi Airport launched a two-storey satellite gate with two aerobridges in August 2026 to serve remote stand flights at Terminal 2.
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About 15 hectares of Maju Forest to be cleared for public housing in Clementi
HDB announced plans to clear 15 hectares of Maju Forest for new public housing while retaining 8 hectares as a wildlife refuge.
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Dutch Central Bank Fines ABN Amro €8.5 Million for Anti-Money Laundering Failures
The Dutch central bank fined ABN Amro €8.5 million for serious shortcomings in its anti-money laundering controls from 2023 to 2024.
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Four Oil and Gas Tankers Turn Back Near Strait of Hormuz After Vessel Attacks
At least four oil and gas tankers turned back from the Strait of Hormuz following attacks on vessels in early July.
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Thailand boosts air-conditioner exports to Europe amid heatwave, promotes rainy-season tourism
Thailand increased air-conditioner exports to Europe by 41.3% in May 2026 and promotes rainy-season holidays to attract European tourists escaping heatwaves.
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Foundation Healthcare Holdings IPO 3.8x Oversubscribed, Shares Open 0.7% Higher on SGX Debut
Foundation Healthcare Holdings' IPO was 3.8 times subscribed, raising S$242 million, with shares opening 0.7% above the IPO price on July 8, 2026.
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Air India A320 Loses 91 Meters Altitude; Pilot Undergoes Confirmatory Drug Test
On August 4, 2026, Air India flight AI2379 suddenly lost 91 meters altitude en route from Phuket to New Delhi before landing safely; pilot faces confirmatory drug testing.
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SK Hynix's $28 Billion US ADR Offering Multiple Times Oversubscribed
SK Hynix is conducting a US listing of $28 billion worth of ADRs that has attracted demand more than seven times the shares offered.
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SBI Funds Management to raise $1.2 billion in IPO with top sovereign investors participating
SBI Funds Management will launch a $1.2 billion IPO expected next week, attracting major investors including Singapore's GIC and Abu Dhabi's ADIA.
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Singapore celebrates 61st National Day with parade returning to National Stadium after a decade
Singapore held its 61st National Day Parade at the National Stadium with 42,000 to 45,000 spectators attending the event today.
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Thai SEC probes Supaporn Pimphong’s nearly $1 billion stake in True Corp
Thailand’s SEC launched an immediate probe into Supaporn Pimphong’s 7.1% stake in True Corporation amid concerns over shareholding disclosures.
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Oil prices rise after tanker struck by projectile in Strait of Hormuz amid tensions
A tanker was hit by a projectile in the Strait of Hormuz on July 6, causing a fire and sending oil prices higher amid regional conflict.
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South Korean won begins 24-hour trading with strong market debut
South Korea launched 24-hour trading of its won on July 6, with a $10 million dollar-won order executed at Hana Bank.
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URA launches public tender for 3.72-hectare Jurong Lake District Town Hall Link site
The Urban Redevelopment Authority launched a tender on July 3, 2026, for a mixed-use plot in Jurong Lake District covering 3.72 hectares.
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European countries acknowledge possible Strait of Hormuz transit fees amid rising tensions
European nations accept that ships transiting the Strait of Hormuz may face fees imposed by Iran and Oman amid stalled negotiations and regional disputes.
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DBS and Samsung Securities sign MOU to explore Asia wealth management partnership
On July 2, 2026, DBS and Samsung Securities signed a memorandum to collaborate on wealth management services across Asia.
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Vietnam and Philippines upgraded to World Bank upper-middle income status in 2025
The World Bank raised Vietnam and the Philippines to upper-middle income status after their GNI per capita exceeded US$4,636 in 2025.
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SP Group completes acquisition of ChargEco, gaining over 1,000 EV chargers in Singapore
SP Group finalized its purchase of ChargEco on June 30, 2026, adding more than 1,000 EV charging points to its network.
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Fire at Saudi Aramco Jazan refinery extinguished after drone attack by Yemen's Houthis
A drone attack by Yemen’s Houthis caused a fire at Saudi Aramco's Jazan refinery on August 9; the fire was later put out with no injuries reported.
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TikTok begins global restructuring with about 300 job cuts in Dublin headquarters
TikTok launched a global restructuring on July 1, 2026, cutting around 300 jobs in its Dublin office amid wider layoffs in Asia.
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Frasers Centrepoint Trust to sell White Sands mall for S$467 million
Frasers Centrepoint Trust announced the sale of White Sands mall for S$467 million to Growth Capital, with completion expected by September 30, 2026.
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Jetstar and Qatar Airways planes narrowly avoid collision at Sydney Airport
A Jetstar Airbus A320 narrowly avoided colliding with a Qatar Airways Boeing 777 being towed at Sydney Airport on August 9, injuring one crew member.
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Global Food Prices Reach Highest Since January 2023 as July Index Rises 0.6%
Global food prices rose in July due to weather and conflict, pushing the FAO Food Price Index to 131.1 points, the highest since early 2023.