MAS is expected to take a balanced monetary stance in the months ahead; the FY 2026 Budget included a 40% corporate income tax refund for the 2026 year of assessment.
Several banks are exploring token transfers between systems and tackling interoperability concerns, including through Project Ensemble which is entering a new phase in 2026.
The record green loan for the data centre, to be built in Singapore, has been supported by a consortium of banks. Crédit Agricole CIB, DBS and ING were the global coordinators and sustainability structuring agents; the loan has an option to convert into a SLL.
The proceeds raised by the Singapore firm will be used to refinance existing debts and for general corporate purposes; Starhill has commercial properties across Apac and raised a S$600m SLL in March.