Singapore Business Review

Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg
Investment banking analysts in Hong Kong earn 46% more than Singaporeans.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
SG-based Nandina REM launches carbon fibre material reclaimed from end-of-life aircraft
By 2050, Asia will see 102,500 tonnes of unused, end-of-life carbon fibre from aviation.
United Overseas Insurance profits surge 55% YoY FY’23
Earnings per share during the year was 47.85 Singaporean cents.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
SIA Group’s net profit climbs 4.9% YoY to $658.7m in 3Q23/24
The airline group attributed the increase to lower tax expenses, amongst others.
Singaporeans across generations raise concern on impact of AI in job security
Technical and soft skills were found to be the most crucial skills in future workplaces.
Manufacturing-related stocks kick off 2024 with $22m in net institutional inflows
Six stocks post net inflow for every five that booked net outflow.
Food factory site at Senoko Drive for sale
The property is on sale via private treaty at a price of S$8.8m.

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Exclusives

Exclusives

Healthcare Startup pushes preventive healthcare through digitalised longevity solutions
Mito Health CEO Kenneth Lou believes their personalised platform can address potential future health concerns and extend lifespan.
Manufacturing Silicon Box breaks bottleneck in chiplet packaging with sub-5-micron technology
The company’s technology reduces chiplet-based system packaging costs by up to 90%.
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.
Self-storage firms stand out in the growing industry with added services and amenities
In Singapore, StorHub has introduced online booking for storage spaces of various sizes.
Insurance Singaporeans struggle with critical illness coverage despite reduction in protection gap
AIA SG’s chief marketing and proposition officer expects insurers to keep up with consumer demands better in 2024.
Healthcare Singapore’s health data bill mandates regulated information sharing
To ensure data disclosure and sharing, the Ministry of Health can impose up to $1m in fines for non-compliance.
Commercial Property Airport co-working centre launched for business travellers
The pay-per-minute space at Changi Airport has close to 50 hot desking stations and nap pods, allowing travellers to ‘check-in’ at work.

Top News

Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg
Investment banking analysts in Hong Kong earn 46% more than Singaporeans.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
SG-based Nandina REM launches carbon fibre material reclaimed from end-of-life aircraft
By 2050, Asia will see 102,500 tonnes of unused, end-of-life carbon fibre from aviation.
United Overseas Insurance profits surge 55% YoY FY’23
Earnings per share during the year was 47.85 Singaporean cents.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
SIA Group’s net profit climbs 4.9% YoY to $658.7m in 3Q23/24
The airline group attributed the increase to lower tax expenses, amongst others.
Singaporeans across generations raise concern on impact of AI in job security
Technical and soft skills were found to be the most crucial skills in future workplaces.
Manufacturing-related stocks kick off 2024 with $22m in net institutional inflows
Six stocks post net inflow for every five that booked net outflow.
Food factory site at Senoko Drive for sale
The property is on sale via private treaty at a price of S$8.8m.

Exclusives

Healthcare Startup pushes preventive healthcare through digitalised longevity solutions
Mito Health CEO Kenneth Lou believes their personalised platform can address potential future health concerns and extend lifespan.
Manufacturing Silicon Box breaks bottleneck in chiplet packaging with sub-5-micron technology
The company’s technology reduces chiplet-based system packaging costs by up to 90%.
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.
Self-storage firms stand out in the growing industry with added services and amenities
In Singapore, StorHub has introduced online booking for storage spaces of various sizes.
Insurance Singaporeans struggle with critical illness coverage despite reduction in protection gap
AIA SG’s chief marketing and proposition officer expects insurers to keep up with consumer demands better in 2024.
Healthcare Singapore’s health data bill mandates regulated information sharing
To ensure data disclosure and sharing, the Ministry of Health can impose up to $1m in fines for non-compliance.
Commercial Property Airport co-working centre launched for business travellers
The pay-per-minute space at Changi Airport has close to 50 hot desking stations and nap pods, allowing travellers to ‘check-in’ at work.

Join the Singapore Business Review community