Singapore · Business
Same event, multiple sources, transparently cited.
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SP Group completes acquisition of ChargEco, gaining over 1,000 EV chargers in Singapore
SP Group finalized its purchase of ChargEco on June 30, 2026, adding more than 1,000 EV charging points to its network.
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Fire at Saudi Aramco Jazan refinery extinguished after drone attack by Yemen's Houthis
A drone attack by Yemen’s Houthis caused a fire at Saudi Aramco's Jazan refinery on August 9; the fire was later put out with no injuries reported.
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TikTok begins global restructuring with about 300 job cuts in Dublin headquarters
TikTok launched a global restructuring on July 1, 2026, cutting around 300 jobs in its Dublin office amid wider layoffs in Asia.
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Frasers Centrepoint Trust to sell White Sands mall for S$467 million
Frasers Centrepoint Trust announced the sale of White Sands mall for S$467 million to Growth Capital, with completion expected by September 30, 2026.
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Jetstar and Qatar Airways planes narrowly avoid collision at Sydney Airport
A Jetstar Airbus A320 narrowly avoided colliding with a Qatar Airways Boeing 777 being towed at Sydney Airport on August 9, injuring one crew member.
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Global Food Prices Reach Highest Since January 2023 as July Index Rises 0.6%
Global food prices rose in July due to weather and conflict, pushing the FAO Food Price Index to 131.1 points, the highest since early 2023.
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Johor-Singapore Special Economic Zone Master Plan to Launch in December 2026
Malaysia and Singapore will jointly launch the Johor-Singapore SEZ master plan at the Annual Leaders' Retreat in December 2026.
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Singapore employment rises in Q2 2026 as retrenchments hit highest since 2020
Singapore’s total employment grew by 10,700 in Q2 2026 despite retrenchments increasing to 4,500, the highest quarterly level since 2020.
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Gourmetz Charged with Six Food Safety Offences after River Valley Primary Illnesses
Catering company Gourmetz faces six charges over gastroenteritis affecting 60 pupils at River Valley Primary School in January 2023.
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Grab to pilot on-demand autonomous vehicle service in Punggol, commercial launch delayed to Q4 2026
Grab will pilot an on-demand autonomous vehicle service in Punggol with commercial fares starting in Q4 2026.
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Singapore's Economy Grows 5.7% in Q2 2026, Driven by AI Despite Middle East Risks
Singapore's economy expanded 5.7% year-on-year in Q2 2026, with AI-related sectors powering growth amid Middle East energy price volatility.
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Red Sea shipping slows to lowest level in months after Houthi attacks on Saudi oil sites
Ship traffic through Bab el-Mandeb fell to 11 vessels on July 26 after Yemeni Houthis attacked Saudi oil facilities along the Red Sea coast.
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Singapore COE quota rises slightly for Aug–Oct 2026; Category A falls again
Singapore's Land Transport Authority raised total COE quota by 0.2% to 19,085 for Aug–Oct 2026, with Category A quota dropping by 4%.
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Allianz to buy HSBC’s Singapore life insurance unit for about US$2.1 billion
Allianz agreed to acquire HSBC’s Singapore life and health insurance business for approximately S$2.7 billion, including a 15-year bancassurance deal.
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GIC reports 3.4% 20-year real return, lowest since FY2019/20, unveils new investment framework
GIC reported a 3.4% 20-year annualised real return for FY2025/26, its lowest in six years, while launching a refreshed investment framework to boost flexibility.
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Singapore study finds Design for Maintainability cuts building upkeep costs by up to S$950,000 annually
A BCA study found that commercial buildings using Design for Maintainability features saved between S$310,000 and S$950,000 yearly in maintenance and manpower costs.
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Chief Justice Sundaresh Menon to retire February 2027, succeeded by Justice Sushil Nair
Chief Justice Sundaresh Menon will retire on February 26, 2027, after more than 14 years, with Justice Sushil Nair named as his successor.
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Blackstone-backed AirTrunk targets $1.5 billion Singapore REIT IPO in late 2026
AirTrunk, owned by Blackstone and Canada Pension Plan Investment Board, plans a Singapore REIT IPO of about $1.5 billion in September or October 2026.
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Fire at Brussels construction site kills six workers trapped in elevator
A fire at a Brussels construction site on July 14 killed six workers trapped in an elevator and injured three others.
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OPEC Cuts 2026 Global Oil Demand Growth Forecast for Third Time to 780,000 bpd
OPEC lowered its 2026 global oil demand growth forecast to 780,000 barrels per day, down from 970,000 bpd in June and 1.17 million bpd in May.
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Volkswagen CEO's restructuring plan blocked by supervisory board led by unions
Volkswagen’s supervisory board rejected CEO Oliver Blume’s restructuring plan including job cuts and plant closures in a 12-7 vote.
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JustCo to transform OG Orchard Point into integrated co-working, co-living and retail hub
JustCo will convert the former Taste Orchard mall at OG Orchard Point into JustCo Place, offering co-working, co-living and retail spaces in Singapore.
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HDB to build housing estate at Gillman Barracks preserving heritage and greenery
HDB announced plans to develop a new housing estate at Gillman Barracks, retaining heritage buildings and green spaces after detailed studies.
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Category A COE premium hits record S$129,000 in July 8 tender exercise
Singapore’s Category A COE premium reached a record S$129,000 in the July 8, 2026 bidding exercise, rising from S$123,847 previously.