News
mm2 Asia to raise up to $40m new placement shares at $0.017 each
mm2 Asia to raise up to $40m new placement shares at $0.017 each
V3 Group intends to buy $15m of the placement shares.
Singapore's most traded stocks record significant gains in July
Over 60 of the top stocks were from the industrial, consumer, and technology sectors.
4 in 10 HR professionals oppose AI in hiring without safeguards
Only three in ten firms in Singapore have AI usage policies.
Lee Chong Kwee increases MLT stake with 134,000-unit purchase
He acquired the shares at $1.31 per unit.
DBS Bank cuts stake in Hoe Leong to 4.99% with share sale
It sold 29.477 million shares.
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
PMI rises to 50.7, marking faster expansion in July
The faster expansion rate in indexes such as new orders helped boost the PMI.
Company, director flagged for bid-rigging Ngee Ann Polytechnic quotation exercises
The bid-rigging affected quotations worth $63,000 to $65,000.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.
Great Eastern granted deadline extension to restore its public float
The insurer was given a deadline of 23 October.
Siloso Beach reopens for water activities after oil spill cleanup
The water quality at the beach has returned to normal levels.
HDB rental market may face a downturn in H2
Leasing volumes to fall to 36,500–38,000 units in 2024.
Daily Markets Briefing: STI down 1.07%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.30% increase.
Lower-than-expected labour stats offset inflation risks
The core inflation forecast remains at 3.3%.
CBRE strengthens ESG services with Paia Consulting acquisition
The consulting firm’s leadership will assume key roles at CBRE.
Expert raises 2024 growth forecast for HDB resale prices to 7%-8%
Demand for resale flats is likely to remain robust for the remaining months.
Singapore slated to remain as data centre of SEA
It currently has a capacity of 973 MW.
Commentary
Singapore’s AI upskilling push is bold. Now employers must close the loop.
Why Budget 2026 marks a turning point for employers
Budget 2026: Cushioning carbon tax burden and maintaining competitiveness
Beyond fuel choice: Budget 2026 and Singapore’s structural strategy in low-carbon transport
Why phishing and software updates still matter for Singapore organisations
Why Singapore businesses must focus on outvaluing, not just upskilling