Singapore: HDB resale and BTO, private launches and developer sales, government land sales, en bloc, and the cooling measures that move them.
Ramp, a financial technology company offering corporate cards and expense management, has raised US$1.85 billion in a primary financing round that values the firm at US$60 billion. The round was led by Dragoneer Investment Group and co-led by Thrive Capital, Founders Fund, Sands Capital and Avenir G
Chinese automaker Chery will introduce a five-seater electric SUV under its iCAUR brand in Britain in early 2027. The launch comes three years after Chery entered the UK market and as its brands hold a 7 per cent share of British sales so far this year.
US President Donald Trump has granted a sanctions waiver for Russian diesel imports and declared an energy ceasefire that Russia has not confirmed. War studies lecturer Samir Puri argues these moves pressure Kyiv more than Moscow, weakening Ukraine's position as it faces winter blackouts and potenti
IOI Properties Group is in exclusive talks to acquire Singapore's Chijmes and Capitol Kempinski hotel, with due diligence underway. The group also plans a private property fund initially comprising two office assets worth about S$6 billion, targeting a 10% to 11% internal rate of return.
Ukrainian drones hit Russia's biggest data centre, owned by Sberbank, on 14 Oct, in attacks targeting Moscow's AI ambitions. Sberbank said all systems were operating normally, while Yandex data centres were also struck in the past week.
Blackstone-backed AirTrunk has delayed a planned Singapore REIT listing that could have raised more than US$1 billion (S$1.4 billion), citing market volatility and uncertainty over US interest rates. The offering could come to market in the first or second quarter of 2027, according to a Wall Street
Mixed-use development Beauty World Plaza has been launched for collective sale at S$165 million, its third attempt at that guide price. The 999-year leasehold property next to Beauty World MRT station sits on a 24,817 sq ft site and has in-principle approval for serviced apartments. The tender close
The family of late property tycoon Chng has put his freehold bungalow in Singapore's District 11 on sale at S$83 million, or S$1,605 psf. The 51,700 sq ft pre-war estate is being marketed via a public tender closing Nov 12, with Knight Frank Singapore as exclusive agent.
Google has released its flagship AI model, Gemini 4 Argon, to developers and businesses worldwide. The launch follows months of delays and a leadership shakeup at its DeepMind lab. API pricing starts at US$2 per million input tokens and US$10 per million output tokens.
The Kremlin said on Tuesday it was discussing problems faced by Russian tech firm Yandex after Ukraine struck three of its data centres. Spokesman Dmitry Peskov said it was too early to assess user losses, but the government was considering the matter as Yandex took urgent steps.
Anthropic said on Monday that small AI models under 30 billion parameters could soon self-replicate on poorly secured internet-of-things devices such as smart ovens and Android TV boxes. The firm warned that if models improve at their historical rate, autonomous replication could be possible by the
Investor portfolios have become alarmingly reliant on the fortunes of the AI trade, which now spans stocks, real estate, infrastructure and energy, says Katie Martin for the Financial Times. The S&P 500 hit a record last week, but stripped of AI, the index has fallen 7 per cent since end-August.
Singapore's National Environment Agency will launch a two-year pilot from the second half of 2027 allowing families to scatter cremated remains at sea, with a fee of S$50 per application. The service, which responds to growing demand for ash scattering, will operate weekly from Pasir Panjang Ferry T
Anders Kok, a 39-year-old father of two, launched Anders' Brew from his kitchen near Woodleigh MRT station in August after nine food businesses failed over 14 years. The home-based kopitiam serves contemporary drinks such as kaya toast beverages, with prices from S$3.90 to S$4.90.
IOI Properties Group has signed an underwriting agreement for 165 million offer units in the proposed IOIPG Malaysia REIT IPO. Separately, the group has submitted a joint expression of interest with a CapitaLand-managed entity to acquire One Raffles Place in Singapore on a 50:50 basis.
A four-room flat at Pinnacle @ Duxton sold for S$1.24 million, setting a new resale record and surpassing the previous high by 2.5 per cent. The sale is one of five four-room flats to cross S$1.5 million this year, with four at the development.
PCF Sparkletots will double its spending on staff development to S$20 million over the next three years. The preschool operator also announced initiatives to reduce teachers' administrative workload and introduce a checklist for supporting children with diverse learning needs.
Russian tech company Yandex said its data centre in the Vladimir region was fully shut down following a drone attack on 11 Oct 2026. No injuries were reported, but some services are unavailable. It is the third Yandex data centre hit in recent days.
Narrow parking lots and tight ramps at older Singapore developments such as Shaw House, Beauty World Centre and Pandan Valley are causing difficulties for drivers of larger modern cars. The minimum lot width of 2.4m, which applies only to new developments since Jan 2024, is increasingly inadequate f
The People's Association (PA) will roll out bite-sized, beginner-friendly AI courses at community clubs from November 2026, priced at S$10 per session. Aimed at residents unfamiliar with technology, including seniors and homemakers, the AI @ Your Neighbourhood programme targets 10,000 participants a
Russia's Yandex said a drone attack disabled several modules at its data centre in the Kaluga region on Friday, the second such strike in two days. No injuries were reported, and some services may be disrupted.
ST Engineering has opened its fourth aircraft maintenance facility in Singapore, a S$170 million site at Changi Creek that will employ over 500 people and add 40 per cent capacity to its widebody MRO network. The facility uses drones, robots and AI to raise productivity.
Apple has slashed component orders for its iPhone 18 Pro and Pro Max by at least 15 per cent for October, citing soft demand and rising memory chip costs, Nikkei Asia reported. The move follows price increases for the new handsets and broader market weakness.
OUE REIT said it is in exclusive talks with IOI Properties and CapitaLand Investment for the sale of One Raffles Place, a prime office complex in Singapore's CBD valued at S$2.3-2.4 billion. The 50-50 joint bid, if successful, would add to IOI Properties' string of Singapore office acquisitions this
Anthropic has released two new tools for its Claude AI platform: Claude Dashboards for building live data dashboards from plain-language queries, and Claude Motion for creating editable animations. Both are in beta for paid plans, while Claude Docs, Slides and Design tools are now generally availabl
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
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