Singapore
SATS marks 3rd consecutive year of losses
SATS marks 3rd consecutive year of losses
As a result, the SGX will likely place the company under its watchlist.
Lee Kong Chian School of Medicine wins SBR Management Excellence Awards for employee well-being programme
LKCMedicine Cares focuses on year-round events surrounding mental health, physical wellness, and social well-being.
Nearly 8 in 10 of Singapore's wealthiest investors will divest from non-sustainable firms
Financially abundant investors prioritise ESG and sustainability factors the most when investing.
Skipping the Festive Frenzy: 3 in 10 Singaporeans forego seasonal shopping
Of those who shop for the holidays, 28% do so 3-4 weeks early.
Signs of a broader recovery in manufacturing could emerge in mid-2024: expert
An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.
Daily Markets Briefing: STI declines 0.66%; The top stock is DBS
DBS is the top stock despite a 0.347% dip.
FairPrice to offer discount offsetting GST raise
The discount will be implemented on national brands and house-brand groceries.
Condo resale prices increase by 7.5% YoY in October
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 14.7% MoM in October
Over 800 units got resold during the month.
Soilbuild Group bags Tampines North Drive 4 site tender for $85.8m
Tender for the industrial site closed on 24 October.
MSIG S’pore launches anti-scam fix
The initiative is set to commence integration next month.
6 in 10 Singaporean firms with overseas operations forgo hiring locally
Firms cite three challenges in hiring local talents.
Finance executives unveil 3 business growth generators in the industry
Firms are embracing emerging banking models but showing reluctance towards AI adoption.
LHN Limited’s net profit drops 16.6% YoY to $38.2m in FY23
Despite lower profit, the company proposed a 71.4% YoY higher dividend per share.
Singapore’s FIs ready for asset quality risks: MAS
Financial institutions are in strong capital and liquidity positions and have healthy profits.
Netlink NBN Trust revises wholesale prices for 2 segments
The revised prices will take effect from 1 April 2024.
ARA US Hospitality Trust divests Hyatt Place Pittsburgh Airport for US$7.7m
The REIT expects to complete the divestment in 1Q24.
Commentary
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
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices