Singapore’s state investment company Temasek reported S$49 billion in sustainability-linked investments as of Mar. 31, 2026, an increase of S$3 billion from the previous year.

They make up 9 per cent of Temasek’s net portfolio value.

This was announced in Temasek's Sustainability Report 2026, released on Jul. 8 along with its annual financial year review.

The report outlines the company’s sustainability goals, initiatives, and performance, including ongoing efforts to decarbonise its portfolio and reduce emissions.

For the third year straight since 2024, its total portfolio emissions held stable at 21 million tonnes of carbon dioxide equivalent (tCO₂e).

Sustainable living investments

Temasek has been working to align its investment activities with the "sustainable living trend" by investing in companies whose products and services advance environmental or social objectives.

Of the S$49 billion such investments, S$42 billion was made to businesses with products and services that contribute positively towards Temasek's long-term vision of net zero, nature positive, and inclusive growth.

The remaining S$7 billion focused on companies in high-emitting sectors actively transitioning towards greener products and services.

Over the past year, Temasek deployed S$5 billion in new sustainable living investments, particularly in renewable energy and climate technology companies.

They include the Amperesand, a US- and Singapore-based company working to improve grid efficiency and support the needs of megawatt electric vehicle charging, the U.S.'s Luminace, which offers decarbonisation-as-a-service solutions to commercial, industrial, and public sector customers, and China's NARI Technology, which provides smart grid and power automation technologies.

Progress towards its goals

Temasek remains committed to achieving net zero portfolio emissions by 2050, a goal it set in 2019.

At the time, the company also set an interim target of halving net portfolio emissions from 2010 levels, to 11 million tCO2e, by 2030.

Now, it believes it is "unlikely" to meet this 2030 target under current conditions.

In the report, Temasek cited market volatility, higher financing costs, growing global energy demand, and portfolio exposure to hard-to-abate sectors such as steel, cement, power, aviation, and shipping.

"As a result, the transition will be more uneven, contested, and non-linear than previously anticipated," the company said.

Nevertheless, this does not reflect a step back from the long-term net zero ambition, it added.

Temasek said it has started a review its target to ensure that this 2050 goal remains "current, credible, and actionable".

"The review takes into consideration evolving methodologies and best practices in target-setting so that the ambition and assumptions underpinning our net zero commitment remain relevant and viable."

Portfolio emissions from Singapore companies

Singapore-based Temasek Portfolio Companies (TPCs) contributed 89 per cent of total portfolio emissions, with Sembcorp Industries (SCI) and Singapore Airlines (SIA) accounting for the majority of them.

SCI, Temasek said, plays a key role in developing solutions to support the clean energy transition, and is exploring low-carbon technologies such as green hydrogen and ammonia projects.

Temasek noted that as SCI completed its acquisition of Australia's Alinta Energy and its group of companies recently in June, it expects its emissions to increase in the near term before declining.

SCI thus foresees that it will not meet its 2028 target for emissions intensity and 2030 target for absolute emissions, but will target to achieve an emissions intensity of 0.26 tCO₂e/MWh by 2035.

It also remains committed to achieving net zero emissions by 2050, Temasek added.

As for SIA, the airline's emissions grew 3.8 per cent year on year, driven by resilient air travel demand, expanded overall operations, and longer routings due to airspace restrictions.

To reduce emissions, SIA has been working to deploy more new-generation aircraft, which is projected to improve fuel efficiency by up to 25 per cent for passenger services, and up to 40 per cent for freighter operations.

At the end of the financial year, 78 per cent of SIA Group's operating fleet comprised such aircraft, and this is expected to reach 90 per cent by 2030.

Deepening engagement

Temasek has been embarking on several initiatives to support their Singapore-based TPCs in climate transition.

It launched the TPC Ecosystem Workforce AI Fluency Programme in 2026, and has been co-developing a playbook under it to strengthen AI skills development in the workforce.

Using its Climate Transition Readiness Framework, Temasek engaged 19 major portfolio companies that made up 88 per cent of total portfolio emissions for the year, encouraging them to develop climate transition plans.

Among them, 15 have set targets to achieve net zero by 2050 or earlier.

Singapore's state investment arm Temasek reported a Net Portfolio Value (NPV) of S$518 billion in 2026, up S$49 billion from 2025.

This also represents a doubling of their portfolio over the past decade.

Temasek closed its financial year on Mar. 31, 2026, and announced the results of its annual review on Jul. 8.

The growth was driven largely by strong performance of listed Singapore-based Temasek Portfolio Companies (TPCs) and realised gains from key divestments, the company said.

The financial year saw the company investing S$51 billion and divesting S$31 billion, resulting in a net investment of S$20 billion.

Long-term returns remain resilient

Meanwhile, Temasek’s long-term returns remained resilient, with 20-year Total Shareholder Return (TSR) at 6.8 per cent and 10-year TSR at 7.1 per cent.

However, the five-year TSR at 4.6 per cent was weighed down by headwinds in China's capital markets from 2021 to 2024.

The recent events in the Middle East have also impacted the global economy, resulting in a drawdown of 2 per cent on the NPV in the last month of the financial year.

Diversified portfolio

Temasek's portfolio comprises three segments: Singapore-based TPCs, Global Direct Investments (GDIs), and Partnerships, Funds, and Asset Management Companies (PFAs).

Since Apr. 1, 2026, Temasek has operated under a refreshed structure, establishing new wholly-owned entities — Temasek Singapore (TSG), Temasek Global Investments (TGI), and Temasek Partnership Solutions (TPS).

The move was intended to give each entity a clearer focus and allow it to build expertise in its own area.

The firm emphasised that it will continue to operate collectively as "OneTemasek".

Building resilient portfolios

In a more complex global environment, Temasek said it remains focused on building a “resilient and forward-looking portfolio”, providing returns with a narrower range of outcomes.

This means investing in domestic businesses with strong competitive advantages and global market leaders with strong pricing power.

In the near term, it sees compelling opportunities in three areas driven by strong secular trends and offering potential for good returns: Artificial Intelligence (AI), core-plus infrastructure, and private credit.

Harnessing Al

On the AI front, the company said that they have invested in companies benefiting from digitisation for over a decade and sees opportunities with the rapid advancement of AI.

Its Al-related exposure currently represents 6 per cent of portfolio value, which it aims to increase to up to 15 per cent by 2031.

Temasek said it has steadily developed a “disciplined and holistic strategy” to harness AI across its institution, portfolio, and wider ecosystem.

This includes AI-enabling Temasek, such as embedding AI into how the company invests and operates, and AI-proofing its portfolio.

Outlook

On the outlook for Singapore’s market, Temasek said it remains confident in the market's resilience.

While global uncertainty and energy-related disruptions continue to pose risks, Singapore remains well-positioned with strong fundamentals and policy flexibility, the firm said.

Temasek said its focus remains on actively stewarding its TPCs, strengthening their competitiveness and resilience for value creation over the long term.

Former Deputy Prime Minister Teo Chee Hean, who officially took over as the chairman of Temasek Holdings on Oct. 9, 2025, commented on the volatile global market.

“This calls for a carefully considered and more disciplined approach to investment that looks for sustained risk-adjusted returns that are resilient through short-term cycles. I am confident that the Temasek team will rise to the challenge by acting with clarity amidst complexity, harnessing our collective strengths to do well, do right, and do good—always acting today with tomorrow in mind, so every generation prospers."

A woman travelling with her six-year-old son in a taxi was forced to act quickly after the driver allegedly lost consciousness while driving along the East Coast Parkway (ECP).

The incident took place at around 12:45pm on Jul. 6.

What happened

In a TikTok video posted later the same day, Winnie Lee recounted how she and her son were travelling from Jewel Changi Airport to Crawford Lane to meet her husband and elder son for lunch.

Speaking to Mothership, Lee said she had initially tried to book a taxi using the ComfortDelGro Zig app but was unsuccessful.

She then decided to walk to Terminal 1 to join the taxi queue instead.

Lee said when she first boarded the taxi, the driver was rather chatty, and they talked about her difficulty booking a cab through the app.

However, while travelling along the ECP, the taxi began veering towards the road shoulder, she recalled.

At first, Lee said she thought overgrown bushes were brushing against the taxi as they had not been trimmed.

"He corrected the car back into the lane, but it only lasted for a few minutes," she said.

She then noticed through the rear-view mirror that the driver appeared to be yawning and looked "a bit sleepy".

Concerned, she decided to talk to him and asked if he was feeling all right.

The driver replied that he was fine, and Lee suggested he pull over to rest.

He then responded by asking: "Where do I stop?"

At that point, Lee said the driver became unresponsive.

"I think he actually became unconscious," she said, adding that she suspected he may have suffered a stroke or heart attack.

The taxi began drifting towards the centre divider, brushing against the bushes at the road shoulder, she said.

Lee said her first instinct was to jump out of the vehicle with her son.

However, she later decided to force open the passenger door, hoping it would create enough friction against the roadside barriers to slow the taxi down.

"Since I didn't know how to drive, I had no idea what buttons to press to stop the car. I had to forcefully open the car door so it would create friction against the metal railing in the middle of the ECP," she said.

Thankfully, the taxi eventually came to a gradual stop.

A passer-by helped Lee and her son out of the vehicle before they called for an ambulance, which Lee said arrived about 10 to 15 minutes later.

Lee added that her son had slept through the incident and was unaware of what had happened.

@winnie.loves Still abit shaken from what happen just now. The driver became unconcious while the car was still in motion on the expressway😭😭 #storytime #accident ♬ News, news, seriousness, tension(1077866) - Lyrebirds music

Driver receiving medical attention: ComfortDelGro

In response to Mothership's queries, the Singapore Civil Defence Force confirmed that they received a call for assistance along ECP towards Marina Coastal Expressway (MCE) at about 12:50pm that day.

They conveyed one person to Tan Tock Seng Hospital.

Separately, a ComfortDelGro spokesperson confirmed that the driver had been taken to the hospital and was receiving medical treatment.

"Our thoughts are with him and his family at this time, and we kindly request that their privacy be respected," said the spokesperson.

The spokesperson added that the taxi had been brought to a safe stop and that the company has been in contact with the passengers to offer support.

"We recognise that this would have been an unsettling experience for the passengers and are in contact with them to extend our concern and offer any necessary support."

When Hani Isnin-Racine had to shut her stall for nearly two months to care for her ailing parents, her first worry was not the loss of income. It was whether her regulars would have enough to eat, according to Berita Harian (BH).

Throughout the stall's closure, the 41-year-old owner of The $2.50 Shop at Kukoh 21 Hawker Centre continued cooking dishes like mee goreng and nasi lemak, which she left outside her stall daily for residents of the Jalan Kukoh neighbourhood to take for free.

The stall reopened on Jul. 6, according to BH.

"What would they eat if I closed completely?"

Speaking to BH, Hani said her regulars, many of whom are elderly residents and families living in rental flats nearby, had been depending on her stall for years.

She said:

"I was more worried that they would have no food. I have known them for years.

Some depend on my stall for their daily meal before taking their medication, and some live alone.

So if I closed completely, what would they eat?"

Six years of S$2.50 meals

The $2.50 Shop was set up six years ago with the goal of selling affordable food to residents in the neighbourhood.

Malay dishes such as nasi lemak, nasi rawon, mee rebus, mee soto, nasi ayam and lontong were initially priced between S$3 and S$4.50.

In Nov. 2023, Hani made the decision to standardise all dishes at S$2.50, a price she has held firm on ever since, despite the rising costs of ingredients and operating costs.

She told BH: "I opened this stall for the community. I just want to contribute what I can and do what I am able to for the people here."

She added that keeping prices low was also about preserving her customers' dignity, saying that with S$10, they could still walk away with four dishes without feeling like they were asking for charity.

Costs rising, income falling

Hani told BH that her income has dropped significantly in recent times, with many days yielding no earnings at all. The situation worsened after GST was raised to nine per cent in Jan. 2024, adding further pressure on top of rising ingredient, utility and operating costs.

She currently spends around S$500 a day on raw ingredients such as meat, vegetables and other cooking essentials, not including approximately 50kg of rice purchased every four days.

Limited storage space means she has to buy supplies in small quantities almost daily, making bulk purchasing difficult.

BH reported that some have questioned whether S$2.50 is a realistic price for the food she serves, but Hani said what others consider low may still be too much for some of her customers.

She said: "There are still customers who come with only 80 cents. I can't bear to tell them to eat just one kuih, so I give them something more filling."

"I would feel like I had lost my purpose"

After nearly six years running the stall, Hani told BH that her customers have become part of her life.

She said: "This stall has become part of my life. All this while, my purpose has not just been to sell food, but to serve the community here. That is why, if one day I can no longer continue, I feel like I would lose my purpose in life."

A recent three-day visit to Singapore brought back a wave of memories for former Fahrenheit member Wu Chun.

The Brunei-born singer-actor shared photos from his trip on Instagram on Jul. 4, captioning the post: "Fruitful Singapore trip lah."

Among the photos was one of the 46-year-old and his wife, Lin Liying, posing inside phone booths near Ngee Ann City on Orchard Road.

"...Even took my dear wife back to the phone booth where I’d suffered for her 30 years ago," he said in his caption.

Fans were quick to connect the phone booths to a story Wu once shared about calling Lin from the same spot when they were both 16.

Missed her while he was overseas

According to The Star, Wu revealed on a variety show in 2013 that he had once broken down in tears at a phone booth in Singapore while calling Lin.

Just three months into their relationship, he had left for Australia to study. During the flight, he read a letter from Lin and apparently could not stop crying.

While on a stopover in Singapore, he bought a phone card and called Lin from a public telephone, where he broke down in tears.

Wu later returned to Brunei just one month after beginning his studies in Australia.

Fans commented that they were amazed the phone booth was still standing after 30 years.

Wu and Lin were high school sweethearts, having met at the age of 16.

They got married in 2004 and have two children.

Fruitful trip

Wu also shared that the trip was rewarding and that he was happy to reunite with his family in Singapore.

Besides visiting Orchard Road, he said he played tennis in Singapore for the first time and also took part in a magazine photoshoot.

He also enjoyed some delicious food, caught up with an old friend he had not seen in two years, and even found time to complete an ECG medical check-up.

Daily temperatures in Malaysia could hit up to 40°C in 2027 as the climate pattern known as a "Super El Niño" is projected to develop.

This was shared with the media on Jul. 7 by the Malaysian Meteorological Department (MetMalaysia), The Star reported.

The El Niño phenomenon refers to the warming of waters in the Pacific Ocean which in turn leads to heavy rains and floods in South America and also drought and heatwaves in Southeast Asia and parts of Australia.

The stronger El Niño phase is expected to peak between November 2026 and January 2027, said the deputy director general of operations Ambun Dindang.

Less rainfall is expected across most parts of the country as a result.

"With a strong El Niño forecast and the increasingly evident effects of global warming, temperatures of around 40°C could potentially occur in Malaysia between March and May 2027," typically the country's hottest period each year, said director-general Mohd Hisham Mohd Anip, as quoted by The News Straits Times.

El Niño forecast

Mohd Hisham cited historical meteorological records, when Malaysia experienced a strong El Niño episode between 1997 and 1998, and between 2016 and 2017.

During those periods, daily maximum temperatures can exceed 38°C, he said.

On Apr. 9, 1998, Malaysia recorded its highest-ever temperature of 40.1°C in Cuping, Perlis, Ambun said.

For the upcoming projected El Niño, the areas most at risk of extreme heat are the northern states, the inland areas of Kelantan and Pahang, and the inner regions of Sabah and Sarawak.

Preparations

Malaysia's government agencies have begun preparations for extreme weather, wildfires, water shortages, health issues, as well as education disruptions, Ambun said.

MetMalaysia has intensified its extreme weather monitoring and its forecast of fire and haze risks, while remaining prepared to support cloud seeding operations if necessary.

Hot and dry conditions can also increase the risk of forest fires.

The director-general of the Fire and Rescue Department separately said that 200 operational vehicles will be deployed in July 2026 to boost monitoring and firefighting in response to potential fire outbreaks.

Weather updates and advisories can be found on MetMalaysia's official website, social media platforms, and the MyCuaca app.

A woman was left in tears at the airport after discovering that three containers of Musang King durians she had packed for her return to Saudi Arabia were barred from her flight.

Cried at the airport

In a Threads post, the traveller shared that she broke down upon learning her durians had failed pre-flight security screening, mStar reported.

She explained that she did not have the opportunity to eat any durians during her holiday in Malaysia.

"That's why I thought, it’s okay, I'll just bring it to eat in Saudi. It ended up not passing the flight. I couldn't hold back my tears, they just flowed... it was heartbreaking."

Hoping to satisfy her cravings back in Saudi Arabia, she packed around 20 pieces of the fruit into her checked-in luggage, saying that she only wanted a "small taste".

Claimed she had done it before

The woman claimed she had successfully transported durians in her checked baggage on previous trips in checked-in luggage without issue.

Many netizens chided her, pointing out that policies on carrying durians in checked baggage vary between airlines.

Commenters noted that while some carriers permit tightly sealed durians, many enforce a strict blanket ban on the fruit in both cabin and checked luggage due to its strong odour.

Aljunied GRC Member of Parliament (MP) Fadli Fawzi and Non-Constituency Member of Parliament Andrew Low were co-opted to the Workers' Party (WP) Central Executive Committee (CEC), while Faisal Manap has been re-appointed as the party's Vice Chair.

The announcement of co-opted CEC members and appointments comes after the WP CEC's first meeting on Jul. 7.

WP CEC from 2026 to 2028

Here is the full list of the WP CEC and their appointments, which will lead the party from now until 2028:

• Chair: Sylvia Lim, 61
• Vice Chair: Muhamad Faisal Abdul Manap, 51
• Secretary-General: Pritam Singh, 50
• Treasurer: Kenneth Tiong, 37
• Deputy Treasurer: Abdul Muhaimin Bin Abdul Malik, 37
• Organising Secretaries: Dennis Tan Lip Fong, 56, He Ting Ru, 43
• Deputy Organising Secretaries: Tan Kong Soon, 49, Fadli Fawzi, 41
• Head, Media Team: Louis Chua Kheng Wee, 39
• ⁠Deputy Head, Media Team: Andre Low, 34
• Head, Policy Research: Jamus Lim, 50
• Deputy Head, Policy Research: Gerald Giam, 49
• Youth Wing President: Eileen Chong, 34
• Committee Member: Low Thia Khiang, 70
• Committee Member: Harpreet Singh Nehal, 60

Shuffles from previous CEC

Notably, Faisal Manap, who contested in Tampines GRC during the 2025 general election but lost, remains the party's Vice-Chair.

Aljunied GRC's Kenneth Tiong takes over as Treasurer from Sengkang GRC's He Ting Ru.

He Ting Ru, together with Hougang SMC's Dennis Tan, is now an Organising Secretary on the CEC.

Abdul Muhaimin from Sengkang GRC is newly appointed as the Deputy Treasurer, taking over from Nathaniel Koh, who is not on the CEC in this term.

Sengkang GRC's Jamus Lim and Aljunied GRC's Gerald Giam have swapped their appointments, with Lim taking over as Head of Policy Research and Giam assuming the role of Deputy Head.

Sengkang GRC's Louis Chua continues to lead the party's media team, helped by Andre Low, who was co-opted to the CEC.

Low replaces Lee Li Lian, who is not on the CEC in this term, as Deputy Head of the media team.

NCMP Eileen Chong remains as Youth Wing President.

Aljunied GRC's Fadli Fawzi, who was co-opted to the CEC, retains his appointment as Deputy Organising Secretary.

Tan Kong Soon remains on the CEC as a Deputy Organising Secretary.

Harpreet Singh, who contested as part of WP's Punggol GRC slate in GE2025, ranks as a committee member alongside party veteran Low Thia Khiang.

Harpreet was the only new face on the CEC following the party elections during the Jun. 28 WP Cadre Members' Conference.

Pritam Singh and Sylvia Lim were re-elected as Secretary-General and Chair during that same party cadre meeting.

"With this team in place, The Workers’ Party looks ahead with confidence to serve our constituents with dedication, and to advance the interests of Singapore and all Singaporeans in the years to come," the WP said in a news release.

The WP CEC is made up of 14 members, and up to a total of seven cadre members may be co-opted.

It is the highest decision-making body of the party.

Microsoft has cut 4,800 jobs, representing 2.1 per cent of its workforce, in an effort to cut costs.

According to CNBC, Microsoft's Xbox division will lay off around 20 per cent of its staff, including 1,600 jobs on Jul. 6, with additional cuts in the coming months.

Microsoft's chief people officer, Amy Coleman, who has been at the company for 27 years, told employees in a Jul. 6 message that "the way technology is built, deployed, and used is transforming faster than at any point in my time here".

Four gaming studios which were previously acquired by Microsoft will also be spun out of the software giant; two will become independent again.

Xbox to cut 3,200 people

In an email to division employees, Xbox chief executive officer Asha Sharma said Xbox will be cutting a total of 3,200 people, with half of those roles being part of the 4,800 jobs eliminated on Jul. 6.

The other 1,600 people will be leaving throughout Microsoft's 2027 fiscal year.

Sharma said she recognised the additional challenges of a year-long restructuring but added: "It is not possible to make all necessary changes in a single day".

Sharma noted: "We will return to growth in 2027".

According to CNBC, Microsoft conducted several rounds of layoffs last year, including one that eliminated 9,000 jobs.

Microsoft's revenue has seen growth in cloud services and LinkedIn, but revenue in Windows operating system licenses, Surface devices, and Xbox has been shrinking in recent quarters.

Coleman said the commercial business that focuses on selling to customers will also see reductions.

4 gaming studios to be spun out

The four gaming studios that will be spun out of Microsoft are Compulsion Games, Double Fine Productions studios, Ninja Theory, and Undead Labs, reported CNBC.

Compulsion Games and Double Fine Productions studios, acquired by Microsoft in the 2010s, will become independent again. 

Sharma said that Ninja Theory and Undead Labs, which joined Microsoft in 2018, have entered into terms to join new ownership.

In a post on X, Double Fine thanked Xbox for "seven great years" and for returning ownership of its games.

Similarly, Compulsion Games posted its statement to X, thanking Xbox and stating that its immediate priority was to support its team during the transition.

Sharma added that France-based Arkane Studios, which was obtained in Microsoft's US$8.1 billion (S$10.5 billion) ZeniMax Media acquisition deal, is in contact with its work council regarding strategic options.

Voluntary retirement program

In April 2026, Microsoft launched a one-time voluntary retirement program targeting U.S. employees at the senior director position and below.

More than a third of eligible employees accepted the offer.

Coleman said the company will keep exploring similar voluntary approaches and is looking for ways to reduce the need for job cuts.

She added that AI is not replacing laid-off workers but noted: "At the same time, what is true is that AI is changing how work gets done".

"Some of the tasks we do every day can now be automated, and that means we all need to keep learning, keep building new skills, and keep adapting as the work evolves."

The elderly woman involved in an accident along Lorong 6 Toa Payoh on the morning of Jul. 7 has died, according to a statement from the Singapore Police Force (SPF).

She had been involved in a collision with a lorry and was conveyed unconscious to the hospital.

SPF said they were alerted at about 10:15am to an accident involving a lorry and a Personal Mobility Device (PMD) along Lorong 6 Toa Payoh, towards Lorong 1 Toa Payoh.

The lorry driver, 34, was subsequently arrested by the police for dangerous driving causing death and suspected drug-related offences.

"Drug paraphernalia were found in the lorry and items believed to be duty-unpaid cigarettes were found on the man," SPF said.

The suspected drug-related offences have been referred to the Central Narcotics Bureau, while the customs-related offences will be referred to Singapore Customs, police said.

Investigations are ongoing.