News
7 in 10 SMEs plan to do more business internationally
7 in 10 SMEs plan to do more business internationally
Given this, more firms have been using apps for cross-border payments.
Daily Markets Briefing: STI up 0.97%; Top stock is DBS
DBS is the top stock with a 0.1225% increase.
Developers remain cautious in bids for Orchard Boulevard, Tengah EC sites
The upcoming Orchard project could sell for $3,000 psf.
Talent growth key to Singapore’s economic ambitions: KPMG
Upskilling workers, emerging technologies and ESG initiatives as top priorities.
Singapore’s new health information bill allows patient data control
The Health Information Bill introduces measures for patient data sharing and protection.
Non-landed residential rents to drop 5% YoY in 2024
Savills said two factors might lead to rents failing.
DBS merges brokerage, digital exchange with treasury markets business
The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.
EC World REIT takes legal action against sponsor amidst mortgage dispute
Its sponsor failed to discharge the alleged "illegal" mortgages imposed in its Fuyang properties.
SG, China ink 3 MOUs on trade and investment
China is the 2nd largest country where Singapore companies have a presence.
Sabana REIT schedules extraordinary general meeting for requisition notice
Details of the meeting have yet to be finalised.
SG to log $24.5b-$26b tourism receipts in 2023, beating STB forecast
In 9M23, tourism receipts already crossed the $20b mark.
Keppel’s net profit soars to a record high of $4.1b in FY23
The company said its FY23 net profit is its highest in history.
UOL-SingLand JV tops bidding for Orchard Boulevard site
It proposed a bid price of $428m.
CapitaLand Ascendas REIT’s distributable income dips 1.4% to $654.4m in FY23
With lower income, the REIT declared a lower DPU of $0.15160.
Lendlease Global Commercial REIT’s NPI soars 22.2% YoY to $93.4m in 1H24
Despite higher NPI, the REIT declared a lower DPU of $0.0210.
Plantation Close site attracts 4 bids
The top bid was $423m from Hoi Hup Realty and Sunway Developments.
Digital Core REIT declares 7.0% YoY lower DPU in FY23
The REIT also recorded a 7.3% YoY lower distributable income of US$41.5m.
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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