Singapore Business Review

Nio widens net loss by 10.8% YoY to $861.26m in 3Q23
Compared to 2Q23, the company’s net loss was cut by 24.8%.
ST Telemedia to skip $350M perpetual securities redemption on January 2024
The distribution rate of securities will remain at 5.00% per annum.
Seatrium names Adrian Teng as new CFO
Teng will begin his duties as CFO on 1 January 2024.
Singtel to develop new generation AI data centres
These data centres can handle higher power-density AI workloads.
F&B sales growth eases to 2.4% in October
In September, F&B sales grew 6.9% YoY.
Retail sales drop 0.1% YoY in October
Month-on-month, sales fell by 0.8%.
Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions
Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.
SG, China boost economic ties
The bilateral cooperation will promote new economic projects.
Digital asset exchange DigiFT clinches capital markets service license in SG
DigiFT can now conduct regulated dealing of capital markets products.
Singapore launches second National AI Strategy
The renewed NAIS will promote a safer AI ecosystem.
IMDA, AI Singapore, A*STAR launch $70m AI initiative
The initiative aims to develop Southeast Asia’s first large language model ecosystem.
Dasin Retail Trust lender says internalisation of trustee-manager could delay debt restructuring
Minority investors tout the internalisation as cost-saving which could push distributions higher.

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Exclusives

Exclusives

Professional Services/Legal Financial services emerge as top practice area for Singapore’s lawyers
The emergence of new technologies is forcing a ‘new age of lawyering,’ says expert.
Information Technology UOB deploys AI tools to level up employees’ productivity
The bank with the largest consumer footprint in ASEAN leads the way in adopting Microsoft’s Copilot for more collaborative and productive banking.
HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.
Economy Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Financial Services Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
Commercial Property Accor’s Hotel Faber Park SG offers unique experience for culture-seeking travellers
Singapore’s first Handwritten Collection hotel was inspired by the iconic Mount Faber.
Retail How brands can avoid inauthentic nostalgia marketing
A GlobalData expert flag inauthenticity in using throwback marketing and cite brand campaigns that are winning hearts.

Top News

Nio widens net loss by 10.8% YoY to $861.26m in 3Q23
Compared to 2Q23, the company’s net loss was cut by 24.8%.
ST Telemedia to skip $350M perpetual securities redemption on January 2024
The distribution rate of securities will remain at 5.00% per annum.
Seatrium names Adrian Teng as new CFO
Teng will begin his duties as CFO on 1 January 2024.
Singtel to develop new generation AI data centres
These data centres can handle higher power-density AI workloads.
F&B sales growth eases to 2.4% in October
In September, F&B sales grew 6.9% YoY.
Retail sales drop 0.1% YoY in October
Month-on-month, sales fell by 0.8%.
Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions
Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.
SG, China boost economic ties
The bilateral cooperation will promote new economic projects.
Digital asset exchange DigiFT clinches capital markets service license in SG
DigiFT can now conduct regulated dealing of capital markets products.
Singapore launches second National AI Strategy
The renewed NAIS will promote a safer AI ecosystem.
IMDA, AI Singapore, A*STAR launch $70m AI initiative
The initiative aims to develop Southeast Asia’s first large language model ecosystem.
Dasin Retail Trust lender says internalisation of trustee-manager could delay debt restructuring
Minority investors tout the internalisation as cost-saving which could push distributions higher.

Exclusives

Professional Services/Legal Financial services emerge as top practice area for Singapore’s lawyers
The emergence of new technologies is forcing a ‘new age of lawyering,’ says expert.
Information Technology UOB deploys AI tools to level up employees’ productivity
The bank with the largest consumer footprint in ASEAN leads the way in adopting Microsoft’s Copilot for more collaborative and productive banking.
HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.
Economy Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Financial Services Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
Commercial Property Accor’s Hotel Faber Park SG offers unique experience for culture-seeking travellers
Singapore’s first Handwritten Collection hotel was inspired by the iconic Mount Faber.
Retail How brands can avoid inauthentic nostalgia marketing
A GlobalData expert flag inauthenticity in using throwback marketing and cite brand campaigns that are winning hearts.

Join the Singapore Business Review community