News
OCBC courts Great Eastern with S$1.4b offer
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Fu Yu registers a net profit of $5,200 in 1Q24
The company linked low net profit to its manufacturing arm.
Rize eyes tech boost, expansion through $18.95m Series A funding
The company targets growing its team of agronomists to over 100 to reach more rice farmers in 2024.
Singaporean workers wary of trusting AI: report
Workers fear losing control over AI; human oversight crucial to trust.
Business park rents grow 2.1% in 1Q24
Rents, however, may soften amidst elevated vacancies.
Daily Markets Briefing: STI up 0.04%; Top stock is DBS
DBS is the top stock despite a 1.204% decrease.
Singapore office demand softens
Previously leading office expansions, tech firms and banks are now scaling back.
Singaporeans set sights on career growth, leave stagnant posts: report
Skill development key to career advancement.
Glencore-Chandra Asri JV acquires Shell SG's energy and chemical assets
The companies expect to complete the transaction by year-end
New bill passed to safeguard Singapore's transport sector
This is in response to evolving threats including the possibility of malicious interference.
2-storey Bussorah Street shophouse for sale for $5.18m
The expression of interest is until 15 June.
DBS names Ping An Tech’s Eugene Huang as bank CIO
Huang led a team of 22,000 employees in Ping An to provide IT offerings.
Singapore property tax hike dents FHT's 1H24 bottom line
In 1H24, the REIT reported a 1.3% YoY lower NPI.
Coliwoo and Macritchie JV acquires Wilmer Place for $26.5m
Savills executed the sale.
MTI and EMA seek feedback on energy legislation changes
The public consultation will end on 5 June.
ARA H-Trust to divest two Hyatt hotels for $42m
The REIT will use net proceeds to repay debt or acquire new properties.
Gov’t eyes tighter measures vs. money laundering
A possible amendment to the law includes giving regulators access to suspicious transaction reports.
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