Singapore
Fintech firm Ayondo reallocates IPO proceeds amidst 9% revenue dip
It utilised some IPO proceeds for its general working capital.
Wilmar International eyes China IPO
China contributed around 60% to the firm's pre-tax profits.
ThaiBev's Q3 profit plunged 61% to $247.72m
Blame weak performance from the spirit, non-alcoholic and food business.
Daily Markets Briefing: STI down 0.20%
Wall Street's recovery could uplift the local bourse today.
Chart of the Day: 6 in 10 Singapore businessmen see lack of demand as top risk for firms
They also worry about qualified labour and labour costs.
Daily Briefing: Malaysian PM eyes tenfold water price hike for Singapore; Temasek joins US$135m funding for VC firm Openspace
And LTA seized bicycles and personal mobility devices in a move against errant retailers.
Temasek joins US$150m funding for US biotech firm
Orchard Therapeutics will utilise the funding to register and commercialise their clinical programs.
Unsustainable growth in manufacturing could hit Singapore's GDP
The boost from the manufacturing sector could ease in H2 as Chinese import demand cools down.
Frasers Property taps DBS to roll out exclusive F&B concierge app
The app will allow the firm's tenants and customers to use its cashless payment system.
Only 3 in 10 Singapore business travellers feel confident on data safety
They worry the most about using public wifi during travels.
Golden Agri hit by $53.6m Q2 loss amidst weaker palm oil prices
Its oilseeds segment also succumbed to uncertainties caused by the trade wars.
Olam International profit crashed 36.4% to $93.91m in Q2
Weaker performance from the coffee, peanuts and edible oils segment hit earnings.
CapitaLand wins bid for two China residential sites at $409.3m
The sites can yield up to 1,300 homes by 2021.
Startups struggle to crack the sustainability code
Of the 460,000 firms formed in 1998-2017, only 984 were able to successfully exit.
Home sales surged 60.7% to $8.2b in Q2
The largest transaction was Tulip Garden which was collectively sold for $906.9m.
Research portal Urbanzoom opens API access to auto-valuation tool
MAS and URA have already tapped on the startup’s tech.
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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