Singapore
Customer service delays cost Singapore $1.24b in wages
Customer service delays cost Singapore $1.24b in wages
An average Singaporean spends 16.1 hours on hold for service complaints.
Daily Markets Briefing: STI down 0.35%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 5.71% increase.
UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1
UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%.
Mondelēz unveils $5m regional snacks lab and innovation kitchen in Singapore
It will expand the capabilities of its Singapore Technical Centre.
Singtel unveils new growth plan
Under the plan, Singtel and Optus will streamline product offerings.
Johnson Controls and Ngee Ann Polytechnic launch built environment education initiative
NP will upskill 1,000 professionals through the initiative.
Singtel's 1Q24 net profit plunges to $795m amid $1.47b exceptional loss
Compared to 1Q23, net profit fell 64%.
NODX growth could hit the lower end of the 4.0%-6.0% forecast
In 1Q24, NODX declined 3.4% YoY.
Cromwell Property Group divests its entire CEREIT stake to Stoneweg
It sold 156,233,700 units at €1.52 per unit.
Five more SIA passengers return to Singapore following SQ321 incident
74 others remain in Thailand, including those receiving medical care.
Global Cities Index: Singapore ranks best city in Southeast Asia, third in Asia
The city-state was also among the best cities globally for doing business.
NUS uses magnetic pulses to activate muscle cells’ defences vs. cancer
This method was able to inhibit signs of cancer progression.
Australian communications regulator sues Singtel-owned Optus over 2022 data breach
Authorities said the company failed to protect its customers from the data leak.
MTI maintains 1%-3% GDP 2024 growth forecast despite 1Q expansion
GDP grew 2.7% YoY in 1Q24.
Jumbo Group hit by ransomware attack
The company plans to boost cybersecurity post-incident.
Fintech start-up accelerates loan approval process for financial inclusion
Smile API CEO Jerome Eger is committed not just to speed, but secured access to employment data.
Daily Markets Briefing: STI down 0.19%; Top stock is SGX
SGX is the top stock with a 2.50% increase.
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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