News

Marco Polo Marine’s net profit slips by 7.4% YoY in 2024

The company attributed this to a 2.8% YoY decline in revenue.

Platform Workers Act to drive industry costs higher by $493m a year

Workplace injury compensation insurance could add up to $42.88m annually.

SMF, JP’s Mitsui O.S.K Lines ink MoU on maritime scholarship programme

MOL aims to offer two MaritimeONE Scholarships per year.

Daily Markets Briefing: STI up 0.43%; Top stock is CapitaLandInvest

CapitaLandInvest is the top stock with a 2.24% increase.

Singapore firms lead ASEAN in sustainability initiative growth

26% of ASEAN organisations increased their sustainability efforts in 2024 than last year.

Specialised roles see strong growth in Singapore job postings: Indeed

Sales and marketing managers posted a 127% growth, whilst AI engineers rose 83%.

Equinix, NUS partner to advance data centre sustainability

Equinix will invest $5.36m (US$4m) for a data facility.

Zebra Technologies, Singapore Manufacturing Federation sign deal to enhance SME growth

The partnership will include training programmes and knowledge sharing.

Singapore’s NBFI assets rise 4% in 2024

The increase was driven by expansion of insurers and investment funds.

Singapore and Saudi Arabia sign MoU on health cooperation

It outlines areas such as education and training, primary healthcare, and promotion policies.

SingHealth names new CEO for Eastern General Hospital

Gan Wee Hoe’s appointment will be concurrent with his position as SCH’s CEO.

ISCA, Kaplan partner to grow accountancy profession in Singapore

They will be launching a 15-month programme for students, covering the learning outcomes of SCAQ foundation programme.

SG insurers see growth in new business premiums and asset holdings

However, higher interest rates could constrain new business growth and increase policy redemptions.

MAS says households must exercise financial prudence amidst uncertainties

Household risks remain contained with strong buffers, but resilience is crucial amidst geopolitical uncertainties.