Singapore · Business
Same event, multiple sources, transparently cited.
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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.
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Singapore launches VolunteerInc. to engage 600 companies and 6,000 employees by 2030
Singapore Business Federation and MCCY launched VolunteerInc. to boost corporate volunteering with a 2030 target of 600 firms and 6,000 employees.
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Honda posts first annual loss in nearly 70 years with $9 billion EV charge
Honda reported a 414.3 billion yen operating loss for fiscal year ended March 2026, driven by $9 billion in EV-related losses.
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Singapore doctor jailed 18 months for patient’s death during aesthetic treatment
Dr Chan Bingyi was sentenced to 18 months’ jail for causing a patient’s death by administering EDTA improperly in 2019.
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Tuas Limited cancels S$1.4 billion acquisition of M1 amid IMDA spectrum probe
Tuas Limited terminated its deal to buy M1 from Keppel after Singapore’s IMDA halted approval due to a spectrum investigation.
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Citigroup to raise Asia-Pacific prime brokerage staff by 10% in 2026
Citigroup will increase headcount in its Asia-Pacific prime brokerage unit by about 10% this year, focusing on Singapore and India.
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Singapore Post reports steep profit drop, will revamp SingPost Centre in Paya Lebar
Singapore Post reported a 69% plunge in operating profit for FY 2025 and will renovate SingPost Centre instead of selling it.
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Food Empire posts 16.9% revenue rise in Q1 boosted by stronger Russian rouble
Food Empire reported US$159.7 million in Q1 revenue, up 16.9%, driven by gains in Russia and Central Asia.
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Grab extends 90-cent fuel surcharge and higher metered fares until July 31 in Singapore
Grab will keep its 90-cent fuel surcharge and increased GrabCab metered fares in Singapore until July 31, 2026 to support drivers amid high fuel costs.
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Teo Siong Seng takes leave from Singapore business roles amid US price-fixing indictment
Teo Siong Seng, chairman of Singapore Business Federation, takes leave due to DOJ indictment over shipping container price-fixing.
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Singapore bars developers with serious housing defects from land bids and sales for up to five years
Singapore government announced penalties including up to five-year bans on land bidding and sales for developers delivering private homes with serious defects.
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Digital Edge secures $575 million loan to expand Asia-Pacific AI data centre operations
Singapore-based Digital Edge secured a $575 million loan to fund expansion of its AI-ready data centres across Asia-Pacific markets.
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Tuas terminates S$1.4 billion M1 acquisition following IMDA investigation into Simba
Tuas Limited ended its S$1.4 billion deal to acquire M1 after IMDA found possible unauthorized spectrum use by Simba.
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JustCo completes IPO with strong demand; shares debut below IPO price on SGX
JustCo raised about S$100 million in its IPO but shares closed 17.6% below IPO price on debut at Singapore Exchange today.