News
Singapore provides $1.3b to support local companies
Singapore provides $1.3b to support local companies
These include a $2,000 cash payout and a 50% income tax rebate of up to $40,000.
HDB households to receive 2.25 times higher rebates for 2024: Wong
They will get $950 dollars to cover utility bills.
ST Engineering promotes 5G-enabled smart rail operations
The company will bring the technology to markets including Europe.
Seatrium bags retrofit CCS project from Solvang
The project is scheduled to commence this year.
F&NHB unit leases parcel of land in Cambodia for US3.86m
The lease term will be 50 years.
Singapore Institute of Advanced Medicine Holdings to raise $26.2m in IPO
The company’s IPO was 1.01 times subscribed.
SIAEC posts higher net profit of $26.9m in 3Q23/24
The 3Q23/24 record is an improvement of $14.1m year-on-year.
Tang Congliang steps down as SIIC Environment CFO
He will be leaving the company to pursue “personal development.”
ASEAN stock exchanges collaborates to develop sustainability framework
Creating an ESG ecosystem is amongst the initiatives to drive sustainability in ASEAN.
Non-oil domestic exports grow 16.8% YoY in January
Both electronics and non-electronics NODX rose last month.
SIA Group’s passenger volume soars 23.1% YoY in January
The group carried a total of 3.2 million passengers.
SG, Indonesia ink LOI on carbon capture and storage collaboration
The two countries will work on a legally binding bilateral agreement.
Analysts keep 2024 growth forecasts steady despite lower-than-estimate GDP
RHB sees the economy rising 2.5%, UOB projects 2.9% growth this year.
More than half of Singaporean firms have hiring plans this year: survey
Majority rely on recruitment agencies to fill their ranks
Daily Markets Briefing: STI up 1.13%; The top stock is DBS
DBS is the top stock with a 2.333% increase.
Logistics rents climb 8% YoY in 2H23
Singapore had the sixth-highest rent growth in APAC.
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.
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Commentary
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