Today we tear apart the Singtel victory headlines and show why a “record” 18.5‑cent dividend at S$5.02 still pays you less than just leaving money in your CPF Special Account. We then walk SIA’s scary 57.4% profit drop, why the yield is still workable for accumulators, and how rising fuel costs could quietly eat your future payouts. Keppel’s blocked M1 deal and delayed special dividend hit the kopi‑money of retirees who were counting on those cheques, while a S$6m insider sale at DBS raises hard questions about buying at Bedok‑to‑Jurong record prices. We close with OpenAI’s S$300m AI lab in Singapore — great long‑term tailwind for data centres and industrial REITs, but zero help for this month’s SP bill and NTUC run.
Key takeaways:
Singtel’s “record” payout still fails both CPF 4% and a 4.7% income floor
SIA’s profit collapse hides a still‑functional yield on a strong balance sheet
Keppel’s blocked M1 sale pushes back special dividends HDB retirees were timing
DBS looks rock solid, but ins…
