Singapore
Daily Markets Briefing: STI down 0.15%; Top stock is SATS
SATS is the top stock with an 11.49% increase.
Wellbeing programmes misaligned with employee needs: survey
Employers are prioritising mental and physical wellbeing support, yet employees are most concerned about financial wellbeing.
1 in 3 Singapore businesses struggle to find AI talent in Singapore
Global hiring is seen as an answer to address this issue.
Singapore ranks 6th globally for bot traffic threats
Bad bots accounted for 45% of the travel industry traffic in 2023.
DBS grants $92m green loan for wind turbine farm project in China
The project will generate renewable energy to power 90,000 households.
Singapore ranks 47th in the Global Business Complexity Index
The index described Singapore as a "relatively easy jurisdiction for business."
Temasek issues dual tranche of 10-year and 30-year offshore CNY bonds
The bonds will be issued under the US$25b Guaranteed Global Medium Term Note Programme.
Keppel wins AI - Real Estate Award at SBR Technology Excellence Awards 2024
This highlights their commitment to innovation and sustainability.
Memiontec founders out on bail amidst CAD probe
They will continue in their executive roles at the company.
Informal caregivers provide $1.28b in value for aged care annually
This is equivalent to about 11% of the government's expenditure on healthcare.
Telecoms and computers lead 1.7% growth in foreign wholesale sales for Q2
The sector recorded a 14.1% QoQ uptick.
Spindex’s net profit surges 43.8% YoY to $15.6m in FY 2024
Earnings per share stood at $13.49.
Domestic wholesale sales rise 1.9% in Q2, driven by metals sector
The metals sector reported a 26.7% QoQ increase.
GuocoLand bags $847m green loan to fund Upper Thomson development
It plans to develop a 941-unit residential project on the site.
Sembcorp inks deal to export green ammonia from India to Japan
Nippon Yusen Kabushiki Kaisha will facilitate the export.
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
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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