News
IRAS, MAS revise tax treatment of insurance reserves
IRAS, MAS revise tax treatment of insurance reserves
Previously, reserves were non-deductible as estimates of contingent liabilities.
Frasers Property bags $904.1m green-linked loan
Proceeds will be used to repay existing debts and for working capital.
Two-storey shophouse at 532 Balestier Road up for sale via EOI
The property has a guide price of $8m.
Full strata office floor in Suntec City Tower 1 up for sale
The property is priced at $42.8m.
Money laundering risks in Singapore climb 79% in 2023: Moody’s
Tighter scrutiny sought for CSPs.
Over 40% of Singaporeans pay FX fees when travelling abroad: report
Majority of travellers still use cash, only about half use credit cards.
Singapore has the most shortest-serving CEOs in the world: report
The city-state ranked 118th out of 122 countries.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.
High-end rents rise 3% whilst mid-market rents decline
Affluent local families drove the High-end rent increase.
Emirates’ one year of premium economy in Singapore boasts 26,000 passengers
It is popular among Singapore travellers.
Daily Markets Briefing: STI up 0.65%; Top stock is Singtel
Singtel is the top stock with a 2.11% increase.
Ascott expands property portfolio in Europe
Six new ones were added.
Tan Chong predicts a lower profit of $453m for H1 2024
In H1 2023, Tan Chong reported a $309m gain.
Oxley fully redeems $133m due 2024
The company has redeemed over $1b worth of notes since November 2019.
SGX mandates delisting of YuuZoo Networks Group
Based on public records, the company is “dissolved."
Singapore banks are phasing out OTPs for logins
Banks will instead use digital tokens to authenticate bank account login attempts.
Winking Studios completes proposed 108,000,000 share placement
It increases the total number of issued and paid-up shares from 279,698,275 to 387,698,275.
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