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UOB’s net profit down 16% to $443m in Q3
UOB’s net profit down 16% to $443m in Q3
This was due to net interest income declining 8% year on year to $2.3b.
COTD: Funding in Singapore peaked to $274m in October
COTD: Funding in Singapore peaked to $274m in October
Late-stage rounds accounted for 81.1% of funding during the month.  
Cathay Pacific to buy back shares of Qatar Airways for $1.17b
Cathay Pacific to buy back shares of Qatar Airways for $1.17b
Qatar Airways would sell all 643.07 million shares it held at (HK$10.8374).
DBS’s net profit slips 2% YoY in 9M
DBS’s net profit slips 2% YoY in 9M
The group attributed this to the impact of the global minimum tax.
Singaporeans account for 11% of stolen card data: study
Singaporeans account for 11% of stolen card data: study
In terms of price, Japan is most expensive whilst New Zealand saw the most growth.
Coliwoo Holding sees high subscriptions in IPO
Coliwoo Holding sees high subscriptions in IPO
Firm’s public offer shares were 20.7 times subscribed whilst placement was 7.3 times subscribed.
PropNex unit faces $586,000 lawsuit
PropNex unit faces $586,000 lawsuit
Propnex Realty is among three co-defendants named in the lawsuit.
Stoneweg Europe Stapled Trust's NPI up 3%
Stoneweg Europe Stapled Trust's NPI up 3%
Its logistics and light industrial assets drove its Q3 earnings growth.Stoneweg Europe Stapled Trust (SERT) reported its net property income increased by 3% to $154m (€102.9m) in the first nine months of the year.
iEdge Singapore Next 50 Index delivers 18% H2 return
iEdge Singapore Next 50 Index delivers 18% H2 return
Constituents represented a combined market capitalisation of $88b.
Singapore retail sales up 2.8% in September
Singapore retail sales up 2.8% in September
In contrast, F&B sales declined 1.6% YoY and 1.3% MoM (seasonally adjusted), with total sales estimated at $966m. 
Singapore consumers most digitally impatient in APJ: study
Singapore consumers most digitally impatient in APJ: study
That patience fell sharply for automated channels like chatbots (53%) and IVR systems (47%).

Exclusives

Food & Beverage Can AI vending kitchens help Singapore’s restaurants survive soaring costs?
The government is looking into developing 'automated kitchens'
Food & Beverage What to know about SaladStop!’s new AI assistant, Lulu
It will debut in Singapore in November before its global launch.
Energy & Offshore Tuas Power to complete Singapore’s first 100% biomass conversion by 2028
The landmark project will cut one million tonnes of carbon emissions annually.
Commercial Property Investors told to convert existing buildings as co-living demand rises
This could ease high fit-out and construction costs.
Banks see sharp drop in cheque use ahead of phaseout
More people are using e-payment solutions such as PayNow and FAST.
Financial Services ShopBack eyes global expansion, taps gaming for growth
The US will be a key focus in the coming years.
Energy & Offshore Verta Bioenergy to boost biomass output to meet surging demand
It has received early orders from major Philippine companies.

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