Singapore
GXS Bank launches term deposit product Boost Pocket
GXS Bank launches term deposit product Boost Pocket
It is currently on offer with an interest rate of up to 3.48% per annum.
Parkway Hospitals buys floor at Tong Building for $31.33m
This is one of the limited medical units available in the open market.
CapitaLand Investment announces management appointments for private funds
This strengthens talent bench for private funds capital raising and real assets investments.
SingHealth and St Luke’s ElderCare ink MoU to boost community health
Key collaboration areas include care coordination and transitions, capability building, and programming.
Koyo International executive director enters $3m loan agreement with subsidiary
The loan is known as the “Working Capital Loan 2.”
Olam Agri raises bid for Namoi to A$0.75 per share
The previous bid was A$0.70.
Keppel Infrastructure Trust reallocates $3.7m to repay existing debts
This is because fees for its recent private placement were lower than expected.
Singapore ranks as 2nd top global hub for cross-border capital
Also in the top 10 from the Asia Pacific region are Hong Kong, Japan, and China.
Ascent Bridge applies for extension to issue annual report for 2024
The group's auditors said they need more time to complete audit procedures.
SGX-ST rejects New Silkroutes proposal to resume trading
The government regulator says there is material uncertainty over the Group’s ability to operate.
ST Telemedia GDC becomes first data centre to use renewable diesel
It is produced from 100% renewable raw materials.
Starhub taps Deborah Ong as chairman of the audit committee
She will replace Ma Kah Woh who will resign from the position on 18 September.
Singapore leads global GenAI business adoption, customer trust trails behind
Whilst 59% of Singapore businesses use GenAI, only 23% of customers see it boosting their trust.
Singapore port congestion may persist until year-end
Ships have had to wait for one to two days to berth amidst the Red Sea attacks.
COTD: Import price index slips 0.8% YoY in July
Non-oil index also fell 3.3% YoY.
Daily Markets Briefing: STI up 0.69%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 3.80% increase.
URA launches residential site at Faber Walk for sale
It can yield an estimated 400 units and is expected to clinch up to 3 bidders.
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