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Singapore firms cite skills gap as key barrier to AI growth
Singapore firms cite skills gap as key barrier to AI growth
Around 65% of AI adopters are still focused on basic use cases such as chatbots, analytics, or process automation.
Singapore consumers grow wary of data use in digital ads: report
Time spent on digital content remains high, with users averaging 6 hours and 44 minutes per week on social media.
Daily Markets Briefing: STI up 1.54%; Top stock is Singapore Telecommunications
Singapore Telecommunications Limited is the top stock with a 5.39% increase.
AI overtakes advisers as top tool for young Singapore investors
However, nearly half of the respondents reported negative experiences with AI tools due to outdated data, among others.
UOB’s net profit down 16% to $443m in Q3
This was due to net interest income declining 8% year on year to $2.3b.
COTD: Funding in Singapore peaked to $274m in October
Late-stage rounds accounted for 81.1% of funding during the month.
Bukit Sembawang net profit after tax slides 25% YoY in H1
It cited lower revenue from property and hospitality segments for $47m profit.
CBD office rents hit five-year high on strong occupancy amidst tight supply
Savills reported its sixth straight quarterly rise in Q3.
Cathay Pacific to buy back shares of Qatar Airways for $1.17b
Qatar Airways would sell all 643.07 million shares it held at (HK$10.8374).
DBS’s net profit slips 2% YoY in 9M
The group attributed this to the impact of the global minimum tax.
Singaporeans account for 11% of stolen card data: study
In terms of price, Japan is most expensive whilst New Zealand saw the most growth.
Coliwoo Holding sees high subscriptions in IPO
Firm’s public offer shares were 20.7 times subscribed whilst placement was 7.3 times subscribed.
PropNex unit faces $586,000 lawsuit
Propnex Realty is among three co-defendants named in the lawsuit.
Wee Hur, GSC secure $613.9m Upper Thomson Road site
They will develop a 99-year leasehold plot for residential and retail use.
Stoneweg Europe Stapled Trust's NPI up 3%
Its logistics and light industrial assets drove its Q3 earnings growth.
Lendlease REIT raises $280m from oversubscribed private placement
The proceeds will fund its 70% PLQ Mall stake acquisition.
iEdge Singapore Next 50 Index delivers 18% H2 return
Constituents represented a combined market capitalisation of $88b.
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Commentary
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