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News
High Court dismisses third-party claim in Timken bearing suit
1+ hour, 25+ min ago (362+ words) USS ordered to pay $15,000 in costs as Timken’s trademark claim remains pending. The High Court has struck out United Shipping Services’ (USS) attempt to bring ST Engineering Aerospace Systems (STEAS) into a trademark infringement suit filed by US bearings manufacturer…...
Retail assets in STI exchange‑traded funds surge fivefold to $4.2b: SGX
7+ hour, 51+ min ago (382+ words) Retail investors bought nearly $20b of Singapore equities since 2020. Combined retail assets under management in Straits Times Index (STI) exchange-traded funds increased fivefold from $884m to $4.2b, according to the Singapore Exchange (SGX). The total rose 74% over the past 12 months, indicating that systematic…...
Casual dining faces cuts as 43% eye Johor Bahru switch
7+ hour, 51+ min ago (267+ words) Premium restaurants and nightlife venues stay largely unaffected at just 14% and 8%, respectively. Forty-three percent of respondents expect to spend less on casual dining, cafés, and takeaway in Singapore once the RTS Link opens, according to a Blackbox survey. "The dining…...
Centurion Accommodation REIT NPI posts $78.4m net property income
2+ day, 22+ hour ago (548+ words) Higher rental rates, bed sales, and expanded capacity lifted revenues. Centurion Accommodation REIT (CAREIT) reported a net property income (NPI) of $78.4m for the first half (H1) of 2026, exceeding the company's prospectus forecast by 4.3%. Gross revenue reached $108.9m, above the forecast by 5.1%. Its…...
MyRepublic migrates entire 4G subscriber base to StarHub
3+ day, 21+ min ago (245+ words) The move expands on a 2022 5G mobile virtual network operator partnership. The migration builds on the companies’ existing 5G mobile virtual network operator partnership established in 2022 and StarHub's acquisition of MyRepublic Broadband last year. In a joint statement, both groups said MyRepublic…...
Commercial real estate investment investment surges 238% to $23.3b in H1
3+ day, 7+ hour ago (456+ words) Commercial real estate investment climbed 238% YoY to $23.3b (US$18.2b) in the first half of 2026, recording the strongest growth amongst the major Asia-Pacific markets tracked by JLL. Investment during the second quarter more than doubled to $8.6b (US$6.7b), representing a 108% increase from the…...
3,600 fresh graduates still seeking work as professional roles rise
3+ day, 7+ hour ago (448+ words) Graduate traineeship programmes will be extended to the 2026 cohort. About 3,600 of approximately 18,000 recent graduates from Singapore’s autonomous universities were still seeking employment as of June 2026, the Ministry of Manpower (MOM) said. The figure represented roughly one in five graduates from…...
Lakeside Towers seeks $350m in collective sale
4+ day, 2+ hour ago (551+ words) Site could be redeveloped into up to 395 apartments next Jurong Lake Gardens. A collective sale by tender has been launched for Lakeside Towers in the Jurong Lake District with a reserve price of $350m, according to JLL. The sale has secured…...
Private home leasing activity rises 5.1% in Q2
4+ day, 47+ min ago (427+ words) The increase was led by higher leasing activity in the non-landed segment. Singapore’s private residential leasing market recorded 22,290 rental contracts commencing in the second quarter (Q2) of 2026, a 5.1% quarter-on-quarter (QoQ) increase and a 3% year-on-year (YoY) rise. According to Savills, the increase was…...
CGS International debuts first ETF tracking Singapore Next 50 Index
3+ day, 23+ hour ago (371+ words) CGS International Securities Singapore Pte. Ltd. (CGS SG) is launching the CGS Fullgoal Singapore Next 50 Active ETF, which will be the first exchange-traded fund tracking the iEdge Singapore Next 50 Index. The fund’s initial offer period will begin at $1.00 per share…...