Singapore · Business
Same event, multiple sources, transparently cited.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Samsung reaches tentative deal with union to avoid strike, awarding large bonuses to chip workers
Samsung Electronics and its South Korean union reached a last-minute deal to prevent an 18-day strike with special bonuses tied to chip division profits.
-
IEA warns global oil markets risk 'red zone' by July-August amid Middle East supply disruptions
IEA executive director Fatih Birol warned July-August 2026 may bring critical oil supply shortages due to Middle East conflict and dwindling stocks.
-
Singapore sees rise in COVID-19 cases as Malaysia reports stable situation with no deaths
Singapore reported a 59% week-on-week rise in COVID-19 cases while Malaysia recorded a stable COVID-19 situation with no deaths in 2026.
-
Stamford Catering fined S$8,000 after over 180 fall ill with gastroenteritis
Stamford Catering Services was fined S$8,000 on May 20, 2026, for food safety lapses after over 180 people reported gastroenteritis symptoms linked to its food in 2024 and 2025.
-
Monetary Authority of Singapore revokes Bsquared Technology’s payment token license
The Monetary Authority of Singapore revoked Bsquared Technology’s digital payment token license over serious regulatory breaches.
-
Grab consolidates Indonesian digital bank Superbank after Singtel stake transfer
Grab will consolidate Superbank into its financial services segment after Singtel transfers its stake to GXS Bank, raising Grab's share above 50%.
-
London's GHO and Singapore's CBC Group to merge, forming largest healthcare investment manager
Global Healthcare Opportunities and CBC Group announced a merger to create a $21 billion healthcare investment manager.
-
Singtel posts 40% rise in FY2026 net income despite weaker Singapore consumer business
Singtel reported a 40% full-year net income increase to S$5.61 billion for FY2026, driven by one-off gains and regional growth, while shares fell 6.4% today.
-
Lawson launches multilingual video guide system at three Tokyo stores for foreign customers
Lawson began trialing a multilingual video guide system in three Tokyo stores to help foreign customers buy hot food and play AR games.
-
Bedok Food Centre Businesses Slow After TB Cluster and Deep Cleaning
Bedok Food Centre and Market in Singapore reopened on May 20 after TB screening and cleaning, but footfall remains 40-50% below prior levels.
-
Gold prices drop about 15% since February amid Iran war and inflation fears
Gold prices fell 14-15% since late February due to the Iran war and inflation concerns, trading near $4,465-$4,540 an ounce in mid-May 2026.
-
OCBC Outbids Rivals to Acquire HSBC Indonesia Retail and Wealth Business
OCBC has secured the deal to buy HSBC Indonesia's retail and wealth assets, outbidding rivals by more than US$100 million.
-
Singapore COE premiums rise with commercial vehicle category hitting new record
Most COE premiums rose on May 20, 2026, with commercial vehicle bids reaching a record high of S$92,223.
-
Gardenia to shift bakery production from Singapore to Johor Bahru, 141 employees retrenched
Gardenia Foods announced it will move bakery production from Singapore to Johor Bahru, Malaysia, with 141 workers retrenched as of June 30, 2026.
-
Singapore overtakes Indonesia as Southeast Asia's largest stock market by capitalization
Singapore’s stock market capitalization rises to about US$645 billion, surpassing Indonesia’s US$618 billion amid market outflows and regulatory uncertainty.
-
Asian airlines seek government aid to survive jet fuel price surge
Asian airlines warn they face collapse without government support amid jet fuel prices more than doubling since February.
-
Standard Chartered to cut 15% of corporate roles by 2030, targets over 15% return by 2028
Standard Chartered plans to cut more than 7,000 corporate jobs globally by 2030 and aims for a return on tangible equity above 15% in 2028.
-
Singapore Airlines flight SQ321 turbulence investigation inconclusive on radar failure
Singapore's Transport Safety Investigation Bureau found weather radar may have missed severe turbulence that injured 79 on SQ321 in May 2024.
-
Jonathan Andic arrested in investigation of Mango founder Isak Andic's death in Spain
Jonathan Andic, son of Mango founder Isak Andic, was arrested on May 19, 2026, over his father's fatal fall in 2024 near Barcelona.