Singapore Business Review

Private home rents dip 1.3% in Q1
Rents fell steepest in the Core Central Region
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock with a 0.335% increase.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
Thomson Medical Group to issue $140m notes at 5.25% due in 2027
The notes are expected to be issued on 13 May.
Paragon REIT reports $73.8m revenue in 1Q24
The REIT also reported stable occupancy rates in the period.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.
AIMS APAC REIT distribution per unit slips 5.9% YoY in FY2024
On the other hand, net property income grew 6.9% YoY.
MAS penalises Swiss-Asia Financial for serious AML failures
The imposed composition penalty is worth $2.5m.
Gourmet Park Kampong Bugis pop-up now open
It features lineup of events such as chef collaborations, grill-outs, and pet-friendly activities.
dnata names new Singapore managing director
Neo Su Yin will lead operations at Changi Airport.
Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May
Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.
OCBC remains stable amidst strong credit fundamentals: Moody's
This will be backed by healthy credit standing.
Fortescue completes propulsion, manoeuvrability trials for ammonia-powered vessel
The tests ran for 10 days using ammonia, diesel, and HVO as fuel.

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Exclusives

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Top News

Private home rents dip 1.3% in Q1
Rents fell steepest in the Core Central Region
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock with a 0.335% increase.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
Thomson Medical Group to issue $140m notes at 5.25% due in 2027
The notes are expected to be issued on 13 May.
Paragon REIT reports $73.8m revenue in 1Q24
The REIT also reported stable occupancy rates in the period.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.
AIMS APAC REIT distribution per unit slips 5.9% YoY in FY2024
On the other hand, net property income grew 6.9% YoY.
MAS penalises Swiss-Asia Financial for serious AML failures
The imposed composition penalty is worth $2.5m.
Gourmet Park Kampong Bugis pop-up now open
It features lineup of events such as chef collaborations, grill-outs, and pet-friendly activities.
dnata names new Singapore managing director
Neo Su Yin will lead operations at Changi Airport.
Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May
Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.
OCBC remains stable amidst strong credit fundamentals: Moody's
This will be backed by healthy credit standing.
Fortescue completes propulsion, manoeuvrability trials for ammonia-powered vessel
The tests ran for 10 days using ammonia, diesel, and HVO as fuel.

Exclusives

HR & Education New guideline restricts rejections of flexible work arrangement requests to business factors
By December this year, employees whose requests were rejected based on bias can seek union aid.
Food & Beverage Startup future-proofs coffee with bean-free alternative amidst climate crisis
Prefer transforms surplus ingredients like day-old bread, soybean pulp, and barley grains into bean-free coffee.
Financial Services Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
Markets & Investing 20 Hottest Startups of 2024
Sustainability-focused startups dominated the list.
Commercial Property Colliers transforms Singapore office into regional powerhouse
The newly revamped office showcases Colliers’ commitment to innovation, collaboration, and sustainability.
Markets & Investing Days of excess are over, investors warn founders
Deal activity in Asia Pacific fell 26.3% YoY in 2023.
Markets & Investing Sustainability, biomedical startups draw investors, founder focus
A nine-month study in 2023 showed green tech investments totalling $268.5m (US$201m).

Join the Singapore Business Review community