Singapore
Singapore boosts AML efforts with national asset recovery plan
The plan will focus on four pillars.
URA to launch tender for 5,050 units in H2 2024 GLS Programme
The programme comprises 10 Confirmed List sites and nine Reserve List sites.
Accrelist acquires 28.53% stake in MClean Technologies
The company acquired the stake for $2.57m.
Jalan Boon Lay data centre marks ST Engineering's fourth in SG
The company aims to complete the facility in 2026.
Singapore trims private housing supply on Confirmed List to 5,050 units
The list includes the 2.94ha Cencharu Close site.
Condo resale volume drops 5.5% MoM in May
Year-on-year, however, volume rose by 7.2%.
Daily Markets Briefing: STI up 0.24%; Top stock is CapLand Ascendas REIT
CapLand Ascendas REIT is the top stock with a 1.18% increase.
How businesses can successfully influence sustainable consumerism in Singapore
In Singapore, 80% of consumers are environmentally concerned, but only 35% are willing to pay up to 10% more for eco-friendly goods.
Real-time data needed for proper AI adoption
Businesses are struggling to integrate new data sources, amongst others.
Condo resale prices in May show slower growth
Prices rose 0.4% MoM and 4.2% YoY.
Best World’s exit offer ‘fair and reasonable' - IFA
It estimates that the value of each share ranges between $1.36 and $2.69.
Singapore nears completion of oil spill cleanup
Approximately 550 tonnes of oil-soaked sand and debris have been collected so far.
Singapore is world’s most expensive city
It was also named as the priciest location globally for car ownership.
OCBC bags over 90% of Great Eastern’s shares, trade suspension to take effect
Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.
Jasper Investments to acquire 51% stake in Prosper Excel Engineering
The company will acquire the stake for $7.5m.
SingPost settles share transfer issue with Famous Holdings
Famous Holdings will transfer 37.5% shares to SingPost Logistics Investments.
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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