Singapore
KPMG allocates $2.04b for ESG commitments
KPMG allocates $2.04b for ESG commitments
These hubs are to be established in Europe, the Asia Pacific, and the Americas.
Singapore’s property investment deals rise 38.7% in Q3
The bulk of investment volume is driven by the sale of four GSL sites.
Market update: STI up 0.45%
Jardine C&C showed the most growth.
SPH bounces back with 69.8% increase in operating profit
This follows after SPH restructured its media business.
Maybank Singapore unveils new home mortgage, renovation green loans
The bank expects to process over 500 sign-ups yearly.
Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS
Direct exposures to China’s property sector are less than 1% of non-bank loans.
Office investment volumes crash 59.7% in Q3
But office investment sales are expected to improve in the next quarter.
SIAEC divests entire 39.2% shares in JV for aircraft parts repair
SIAEC’S stake is pegged at $3.79m (US$ 2.79m).
ST Engineering strikes largest acquisition with TransCore deal
The deal is expected to be completed in Q1 of 2022.
F&B sales down 6.7% in August
This is a 6% decline from the value recorded in July.
VFlowTech secures US$3m in pre-Series A funding
The financing was led by Wavemaker Partners.
Market Update: STI down 0.7%
SATS, ThaiBev and Jardine C&C showed the most growth.
Singapore to remain as key data hub in Southeast Asia — Fitch Solutions
Despite facing increased competition from neighbours in data centre development.
Shields up: Singapore amongst top 10 targeted countries for cloud threats
This comes from a survey conducted by McAfee.
Singapore retail sales down 2.8% in August 2021
Petrol service stations contributed the most with 23.7% yoy growth.
PayPal regional execs to keynote virtual forum on cross-border e-commerce as holiday season looms
The event aims to prepare merchants to sell cross-border during the holiday rush.
Manufacturing sector expands for the 15th straight month
Singapore's PMI eased slightly by 0.1 points to 50.8 in September.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation