Minister Indranee Rajah says shifting workplace attitudes is a tougher challenge than providing financial support for parents. She was speaking after the National Day Rally announced new childcare leave, preschool subsidies and other measures. The full report of the Marriage and Parenthood Reset Wor
Twenty independent bookshops across Singapore will hold the inaugural Singapore Indie Bookshop Day from Oct 2 to 4, featuring storytelling sessions, author visits, a stamp rally and other community events. The event is jointly organised by the participating shops and the Singapore Book Publishers As
Singapore's core inflation rose to 2 per cent year-on-year in July, up from 1.6 per cent in June, driven by higher electricity and gas, services and food inflation. The Monetary Authority of Singapore and Ministry of Trade and Industry said core and overall inflation are projected to average 1.5 per
Nvidia is discussing an investment in AI search startup Perplexity as part of a funding round that would value the company at more than US$30 billion, according to The Information. The valuation would represent a more than 50 per cent increase from Perplexity's previous round a year ago, the report
OCBC raised its rating on City Developments Limited (CDL) to 'buy' from 'hold' after the developer's first-half net profit more than tripled. Analysts are also watching for the outcome of CDL's strategic review, expected by end-September.
Prime Minister Lawrence Wong announced at the National Day Rally on 23 Aug 2026 that income ceilings for BTO flats will rise from S$14,000 to S$16,000, and for executive condominiums from S$16,000 to S$18,000. First-timer families with or expecting children will receive one additional ballot chance
Singapore has awarded four companies – Digital Realty, Equinix, ST Telemedia Global Data Centres and Keppel Data Centres – the rights to develop 50MW each of new data centre capacity on Jurong Island. The 200MW total allocation meets the minimum capacity proposed under the DC-CFA2 application proces
7-Eleven Singapore has rolled out Take Five Spot, a self-care initiative at dine-in areas in more than 60 stores. Customers can access guided breathing exercises and mental well-being resources from MindSG.
Rising property prices and burnout are driving young Singaporeans to rent homes overseas in Thailand, Malaysia and China. One social media manager pays S$600 a month for a Bangkok apartment, while a couple earns S$2,300 net monthly after renting out their HDB flat and moving to a larger house in Sel
Chinese milk tea brand Chagee has opened three new stores in Singapore, including a family-friendly outlet in Pasir Ris with a children's play area. The openings bring its total in the city-state to 46, all launched within two years.
OpenAI has reduced prices for its frontier GPT-5.6 Sol model by over 20 per cent for developers via its API, cutting input token costs to US$4 per million and output tokens to US$20. The three-month promotional period comes amid rising competition from Anthropic and Chinese AI models.
Starcloud, a startup developing orbital data centres, has raised US$250 million in a funding round that values it at US$2.3 billion. The round was led by Manhattan West with participation from Nvidia and Cisco Investments, and the company plans to expand AI infrastructure in space.
CapitaLand Investment and IOI Properties are planning a joint venture to acquire One Raffles Place, one of Singapore’s tallest towers. The complex, valued at about S$2.37 billion, comprises two office towers and a retail mall in the central business district. UOB is expected to retain its current sp
Father-and-son billionaires Raj Kumar and Kishin have reportedly placed a deposit on Scotts Square, a freehold mall in Singapore’s Orchard Road area, with a sale agreement possible by early September. The S$250 million deal would see the duo add the 130,900 sq ft retail podium to their property empi
Tatyana Kim, the former English teacher who co-founded e-commerce platform Wildberries, is now Russia's richest woman with an estimated net worth of US$8.1 billion. The company, launched in 2004 from her Moscow apartment, generated US$9 billion in 2024 revenue and serves more than half of Russia's p
The Ministry of Social and Family Development (MSF) has approved 17 community-led pilot projects under its S$450,000 Partnership to Tackle Homelessness (PATH) fund, 11 of which target tailored support for rough sleepers. One initiative matches single rough sleepers with compatible co-tenants for pub
Billionaire Koh Wee Meng's Fragrance Group has launched the sale of Verdun House, a freehold commercial building in District 8, with an asking price of S$64 million. The 48.8% premium over its 2022 purchase price reflects S$2,669 psf on maximum gross floor area.
Resale flat transactions surged to 2,652 in July 2026, up 24.7 per cent from June. The median price rose 0.8 per cent to S$630,000, though median psf slipped 1.6 per cent to S$595 psf. Million-dollar sales accounted for 7.1 per cent of all transactions.