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Motorists to pay new Genting Highlands road charges from May 28, starting at US$0.80

Motorists to pay new Genting Highlands road charges from May 28, starting at US$0.80

Motorists entering Genting Highlands must pay new vehicle charges starting May 28, ranging from US$0.80 to US$6.30. The fees vary by vehicle class and are intended to cover escalating road maintenance costs. Exemptions apply for motorcycles and civil servants working on the hill.

Singapore IPO market gathers pace as SGX on track for nearly 30 listings in 2026

Singapore IPO market gathers pace as SGX on track for nearly 30 listings in 2026

Singapore's IPO market is gaining momentum, with SGX projecting nearly 30 listings in 2026. Attracted by its safe-haven status and strong liquidity, the exchange sees growing diversity. This trend includes high-growth sectors and dual-listing opportunities.

Stocks to watch: Sats, FLCT, Boustead Singapore

Stocks to watch: Sats, FLCT, Boustead Singapore

Sats reported a Q4 net profit increase of 31%. FLCT expanded its European portfolio by acquiring four properties for S$441.5 million. Boustead Singapore announced an H2 net profit jump of 235%, signaling strong growth across the sector.

US forces launch fresh strikes on targets in southern Iran even as peace talks proceed

US forces launch fresh strikes on targets in southern Iran even as peace talks proceed

US forces launched fresh strikes in southern Iran, targeting mines and missile sites. This occurred while high-level peace talks are underway in Doha regarding a potential end to the war. Despite diplomacy efforts, regional tensions remain extremely high.

US consumer confidence ebbs in May as inflation worries mount

US consumer confidence ebbs in May as inflation worries mount

US consumer confidence dipped in May, according to The Conference Board. The index fell by 0.7 points to 93.1. This decline was driven by mounting inflation worries stemming from the Middle East conflict, despite better labor market outlooks for consumers.

Aramco to transfer PRefChem stakes to Malaysia’s Petronas

Aramco to transfer PRefChem stakes to Malaysia’s Petronas

Saudi oil giant Aramco is transferring its stakes in the PRefChem joint venture to Malaysia's Petronas. This move ends an eight-year partnership and aims to give Petronas full ownership for regional fuel supply flexibility.

Trump links Abraham Accords to any Iran deal, asks Muslim nations to normalise relations with Israel

Trump links Abraham Accords to any Iran deal, asks Muslim nations to normalise relations with Israel

Donald Trump urged several Muslim nations to join the Abraham Accords with Israel, linking it to a potential peace deal with Iran. However, Pakistan rejected the demand, and regional mistrust remains high over Gaza tensions, complicating his diplomatic push.

Xi hails 'unbreakable' Pakistan ties, praises Iran peace efforts

Xi hails 'unbreakable' Pakistan ties, praises Iran peace efforts

President Xi Jinping praised China’s “unbreakable” ties with Pakistan during a meeting in Beijing. He stressed deepening the strategic partnership while commending Pakistan's constructive role in regional peace efforts, particularly regarding Iran and the US.

UK set to break record for hottest May day, with highs of 35 deg C expected

UK set to break record for hottest May day, with highs of 35 deg C expected

The UK is predicted to break its May temperature record on May 25th, with highs expected at 35°C during an unprecedented heatwave. Scientists warn that such extreme weather events are becoming more frequent and intense due to human-induced climate change.

Motorists advised to avoid roads near Shangri-La Singapore from May 28 to 31 due to security summit

Motorists advised to avoid roads near Shangri-La Singapore from May 28 to 31 due to security summit

Motorists are advised to avoid roads near Shangri-La Singapore from May 28–31 due to the security summit. Police will conduct extensive checks, establishing a restricted area around the hotel. Motorists must use public transport or designated alternative routes instead of entering the affected zone.

Singapore keeps 2026 growth forecast at 2-4% but flags 'significant' risks from Middle East war

Singapore keeps 2026 growth forecast at 2-4% but flags 'significant' risks from Middle East war

Singapore maintains its 2026 economic growth forecast at 2-4%, driven by strong Q1 performance and AI investment. However, the Ministry flags significant downside risks due to global supply disruptions and the Middle East conflict.

Asean firms to allocate 81% of investments within Asia, move supply chains to region: BT survey

Asean firms to allocate 81% of investments within Asia, move supply chains to region: BT survey

ASEAN businesses plan to allocate 81% of capital expenditure within Asia, prioritizing intra-Asia markets like ASEAN (90%). They are shifting supply chains into the region, focusing heavily on automation and AI investments over US/EU expansion.