Singapore
FCT's net property income rises 1.1% YoY to $129.6m in 2H23
Despite the increase, it reported a 1.2% YoY lower DPU of $0.06020.
Why are accounting and finance professionals in SG leaving their employers?
A quarter (25%) of professionals plan to leave their employers in the next 12 months.
MAS to keep its policy unchanged in January 2024: experts
The prediction comes on the back of core inflation’s continued moderating trajectory.
Singapore’s IPO scene under threat from US, Australia
In 2023, homegrown firms such as Simpple and Ohmyhome chose to list in the US.
MAS proposes fund management regulation shake-up with new framework
If approved, the existing RFMC regime will be repealed.
Boeing SEA president pegs S’pore as a vital contributor to aerospace innovation
It plans to diversify its sources and partnerships with suppliers in Southeast Asia, like Singapore.
Singapore yet to decide on nuclear energy deployment
The government, however, is studying advanced and safer nuclear technologies such as small modular reactors.
OCBC rolls out generative AI chatbot for employees, amongst world’s first
Over 4 million decisions in the bank are made by AI daily, OCBC shared.
QR payment app users to grow 26% by 2025
As of July 2023, there are already 96,700 QR payment users in SG.
Luxury condos may be more attractive due to smallest price gap in resale condos
The smallest gap for resale condos was last seen in Q3 2001.
Singapore to launch programme to reduce power consumption in households
The Residential Demand Response will be piloted by the second half of 2024.
Seatrium delivers floating production unit to Shell
The unit comprises a four-column semi-submersible floating hull of over 22,000 tonnes.
SATA CommHealth provides care for ‘underserved’ ageing Singaporeans
Over $500,000 from the government’s Health Endowment Fund fuels SATA CommHealth’s Doctor-On-Wheels.
LTA to kick off installation of on-board units under ERP 2.0 system on Nov 1
The agency expects to complete installation by the end of 2025.
Sembcorp unit secures conditional approval to import electricity from Vietnam
It can import up to 1.2 gigawatts of power from Vietnam to Singapore.
Changi Airport’s passenger traffic reaches 4.87 million in September
The September 2023 record is 89% of the September 2019 level.
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Commentary
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