Russian tech firm Yandex says it cannot yet determine if equipment at its Sasovo data centre, hit by a Ukrainian drone attack, can be restored. The facility, which houses tens of thousands of servers and two of three supercomputers used for AI development, remains suspended after a fire.
Amazon has launched a new line of tablets called Alexa Tablets, the first to run on Google's Android OS and feature the Alexa+ voice assistant. Prices start at S$230 and go up to S$550, a significant increase from the Fire HD 10.
Technology companies and utilities are exploring ways to make data centres more flexible in electricity consumption, a strategy that could save between US$40 billion and US$150 billion in capital investments over the next decade. The approach, known as demand response, involves temporarily reducing
Singapore's Land Transport Authority has proposed merging car COE categories A and B into one, with a system of surcharges and rebates pegged to a car's open market value. The public consultation, which opened on 8 Oct, also seeks views on the future of the open Category E COE.
A proposed merger of COE Categories A and B with a fee-and-rebate system based on open market value could widen the price gap between luxury and mass-market cars, but transport experts say it may not lower overall premiums. The Land Transport Authority launched a public consultation on the proposal
A total of 265 foreign motorists were stopped at Singapore's land checkpoints from Sep 28 to 30, with authorities recovering more than S$639,000 in outstanding fines. The multi-agency operation targeted vehicular and traffic offences, and from Nov 2, foreign vehicles with unpaid fines will be barred
Russian missile and drone strikes across Ukraine killed 26 people, including five children, on 8 Oct 2026. The deadliest attack hit a five-storey building in Pryluky, Chernigiv region, killing 19. Ukrainian President Zelenskyy condemned the strikes as "one of the most vile" in the conflict.
Scientists studying the world's oldest-known land animal, a 194-year-old Aldabra giant tortoise named Jonathan, have identified genetic traits and epigenetic markers that may explain his extraordinary lifespan. The research, published in Science Advances, found unique variants in genes linked to tum
Anthropic on Wednesday launched Claude Haiku 5.5, the third model in its Claude 5.5 family in the past month, expanding its AI lineup before a planned IPO. The new model costs 75 per cent less than its predecessor and includes built-in safeguards for high-risk cybersecurity requests.
Aboitiz Group is expanding workforce training in artificial intelligence, cybersecurity and other emerging technologies as it increases its use of digital tools across businesses. The group is investing in skills development alongside a $10-million commitment to the Asian Institute of Management.
Life sciences firm Danaher announced plans to launch its first AI-powered autonomous research lab in early 2027. The lab will combine AI, robotics and molecular technologies to accelerate drug discovery, aiming to make molecule discovery eight times faster.
A coroner's court found that a seven-year-old girl who died after being struck by a school bus at The Topiary in Sengkang might not have been visible to oncoming traffic due to a 1.8m-tall wall and a 1.4m-high bush. The driver said it was dark and he was looking at the maid crossing the road. The fa
Singapore's Parliament has passed the Digital Infrastructure Bill, introducing licensing regimes for data centres with a critical IT load of at least 3 megawatts. MPs backed the move but raised concerns about competitiveness, resource use and sustainability.
A five-room flat at Natura Loft in Bishan has set a new resale record for the development, selling for S$1.34 million. The 15-year-old unit, located near the top of Block 273A, surpassed the previous high by 4.8 per cent and reinforces Natura Loft's position as Bishan's price leader for five-room re
Education Minister Desmond Lee has confirmed that changes to the Primary 1 registration framework will take effect in 2027 without a transition period, despite calls from several MPs for a delay. The changes include increasing Phase 2C places from 40 to 60 per cent and a two-track distance scheme fo
Black Hills Corp has signed agreements to supply electricity to a proposed Google data centre in Cheyenne, Wyoming, and plans to invest US$1.8 billion from 2027 to 2029 on new generation capacity. The utility will build 564 MW of new capacity and manage a 2.7-GW resource mix, with power deliveries b
Oil prices fell more than one per cent on Tuesday, with Brent crude dropping below the psychological US$100 per barrel mark as Gulf exports inch back towards pre-war levels. The decline gave a boost to interest-rate sensitive stocks including real estate, according to AJ Bell's head of markets Dan C
Tishman Speyer has secured a US$75 million commitment from a German pension investor for its Korea Living Venture, bringing total equity to US$395 million. The fund, which also has backing from Dutch pension investors APG Asset Management and Bouwinvest, is expected to support over US$800 million in
Marvell Technology raised its fiscal 2028 revenue forecast to about US$20 billion on 6 Oct 2026, surpassing Wall Street estimates, as demand for its custom data center chips surges alongside rising AI spending. The company also forecast fiscal 2031 revenue of US$70 billion to US$90 billion, far abov
Parliament on 6 Oct 2026 approved salary adjustments for the president, speaker and deputy speaker, raising the privy purse to S$2,568,200. The House also passed tax and financial services bills, debated data centre regulation and heard a motion on easing constraints for food and beverage businesses
The Energy Market Authority (EMA) has called a tender for a feasibility study on developing a 200ha energy infrastructure cluster on reclaimed land at Pulau Tekong. The site, about 40 per cent the size of Sentosa Island, could house hydrogen-ready natural gas-fired power plants, LNG terminals and ot
Transport Minister Jeffrey Siow said in parliament that businesses in HDB rental shops most affected by the two-year delay to the North-South Corridor will continue to receive rental rebates on a case-by-case basis. He also outlined a timeline for surface works, with major structural work expected t
The Ministry of Manpower has called on companies in the construction and transport sectors to hold a voluntary safety time-out from Oct 5 to 18 following seven workplace fatalities since September. Enhanced enforcement measures, including higher fines and longer stop-work orders, will also be in pla
Singapore placed sixth in Savills' Next Generation Wealth Hubs Index, ahead of Hong Kong, which ranked seventh. The index assesses over 100 destinations on business environment, wealth clusters, taxation and lifestyle for individuals under 40 with a net worth of US$5 million or more.
Singapore's parliament on 6 Oct will hear questions on a working paper that found civil servants involved in rail planning bought property near planned MRT stations before locations were public. MPs have filed 11 questions on the study, as well as queries on rising retrenchments, the North-South Cor
City Developments Ltd sold 350 of 570 units at its Lucerne Grand condo in Lakeside over the launch weekend, achieving an average price of S$2,480 psf. Singaporeans made up 93 per cent of buyers, with two-bedroom and four-bedroom units the top sellers.
Four master tenants at Punggol East and Tebing Lane will be offered lease extensions of up to a year, potentially allowing businesses to stay until end-2027. The extension follows a review by agencies after more than 50 tenants at the Punggol East container park were told to cease operations by Oct
Marina Bay Sands has extended its lead over Genting Singapore, capturing an estimated 81% of Singapore's gaming market in 2025, according to analysts. Despite a stronger-than-expected second quarter, Genting Singapore's Resorts World Sentosa continues to lose share, though some observers believe los
Frasers Property and Mitsubishi Estate have formed a joint venture to develop a luxury mixed-use project on the Valley Point site in River Valley. The project will have a maximum gross floor area of 54,309 sq m and include 184 Frasers Suites serviced residences, with completion scheduled for 2031.
Unwed parents in Singapore are adopting their own biological children to formalise their legal status and access benefits such as HDB flats, tax reliefs and inheritance rights. Mothers describe a lengthy, costly process costing up to S$7,000 and lasting 18 months, with many questioning why they must
The Johor Bahru-Singapore RTS Link will begin passenger services in February 2027, after system tests and trial runs are completed by the end of this year. The revised timeline follows a 16-year project history marked by suspensions and delays, with the latest announcement made on Oct 2.
Citi Research, DBS Group Research, RHB and CGS International have kept their ‘buy’ or ‘add’ ratings on CDL after the developer unveiled a three-year roadmap. The plan targets S$6 billion in asset sales and S$5 billion in new investments, though shares have fallen about 10% since the announcement.
Luxury cruising is shifting toward intimate, yacht-like vessels as Four Seasons, Orient Express, Explora Journeys and Regent Seven Seas launch new ships in 2026. The vessels offer more space, privacy and personalised experiences, with fares starting from US$4,340 per person for seven nights.
The Republic of Singapore Navy has launched Sentinel, the first of four new Sentinel-class offshore patrol vessels, at a ceremony in Germany. Built by Fassmer under a MINDEF contract, the 2,700-tonne vessels will replace existing Maritime Security and Response Vessels and be progressively delivered
IOI Properties Group has proposed acquiring Shenton 101, owner of Singapore's Shenton House, from group CEO Datuk Lee Yeow Seng for S$217.06 million. The deal includes repayment of shareholder advances and paves the way for a S$1.61 billion redevelopment.
General Motors remained the top US auto seller in Q3 2026 despite a 5.5 per cent sales dip, but Toyota Motor narrowed the gap as soaring gasoline prices pushed buyers toward hybrids. Cox Automotive expects Asian brands including Toyota and Honda to account for over half of new vehicle sales in the p
The first executive condominium tender under tightened rules has drawn a record S$825 psf ppr bid for a Canberra Drive site, beating the previous high of S$794 psf ppr. The 13-bid tender closed on 1 Oct 2026, with a joint bid from SNC3 Realty, HS Invesco and Kay Lim Realty topping the field at S$163
A group of 30 multilateral development banks and finance institutions has launched new joint methodologies to measure and increase capital mobilisation to emerging markets. The guidelines, backed by the G20, aim to capture innovative financial tools such as collateralised loan obligations and signif
Bankers and asset managers are pushing back on Nvidia's plan to use its advanced chips as long-term collateral for a US$500 billion financing initiative. Lenders want stronger guarantees, arguing the chips may not hold value for the decade Nvidia claims, and are seeking more certainty in deal struct
Japan's biggest power generator JERA has signed an MoU with Dell Technologies and UK-based RHAELM to develop a standardised framework for AI infrastructure, starting with a US$15 billion hyperscale data centre in Chiba. The facility will deliver 400 MW of capacity in phases from 2028, with JERA supp
A new digital portal for refund requests under Singapore's beverage container return scheme (BCRS) goes live from 1 Oct, cutting refund processing time from 30 to 10 working days. The portal starts with SG Recycle machines in the north and west before expanding islandwide, as the scheme enters full
Singapore's HDB resale market recorded a median price of S$650,000 in September 2026, up 2.4 per cent from the previous month. Transaction volume fell 10.8 per cent to 2,248 units, with 9.3 per cent of sales at or above S$1,000,000.
Flash estimates from HDB show resale prices fell 0.2 per cent quarter-on-quarter in Q3 2026, the third consecutive decline. Transaction volumes rose 5.2 per cent year-on-year to 7,528 deals, and HDB said it has not seen a spike in buying by former private property owners since the removal of the 15-
ElevenLabs has completed a US$300 million employee tender offer that values the AI voice generation startup at US$22 billion, double its February valuation. The deal, led by Wellington and T. Rowe Price, provides liquidity to staff and early investors as demand for AI voice agents surges.
Singapore's government has released a 99-year leasehold private housing site on East Coast Road in Siglap, the first such tender in the area in a decade. Analysts forecast bids of S$1,450 to S$1,650 per square foot, potentially topping the suburban land price record set in September.
Apple plans to enter the smart-home hub market on 13 Oct with a device code-named J490, according to Bloomberg News. The company will also unveil an updated HomePod mini and a new TV set-top box. The hub will feature a 6-inch display and personalized user recognition.
Samuel Tan, a 20-year-old Ngee Ann Polytechnic graduate, won bronze in digital construction at the WorldSkills Competition in Shanghai, Singapore's first medal in the category. His win contributed to Singapore's best-ever showing with 27 awards at the biennial event.
More than 1 million Singaporean HDB households will receive Service & Conservancy Charges rebates and double U-Save rebates in October 2026, worth up to S$190 and one month of S&CC respectively. The rebates are part of the permanent GST Voucher scheme and the second support package for the Middle Ea
A 77-year-old woman died after a fire broke out at a sixth-floor HDB flat at Block 126 Pending Road, Bukit Panjang, on 28 Sep 2026. The Singapore Civil Defence Force extinguished the fire and evacuated about 70 people; a 62-year-old man was taken conscious to hospital.
Singapore-listed developer City Developments Ltd (CDL) announced a new strategy called GET+ on Monday, including setting up a dedicated fund management entity. The group aims to double assets under management to S$10 billion by 2029 and outlined plans to divest S$6 billion of assets and deploy S$5 b
