News

Shopee launches new initiative to strengthen IP protection 

It recently launched its Brand Protection Partnership initiative. 

Industrial leasing volume rebounds in Q1

Volume increased by 2.5% YoY to 3,229 tenancies.

Economic challenges, new supply to drag private residential rents in H2

Savills observed that the pace of rent increase has slowed in Q1, at 7.2% QoQ.

MoM unveils Jobs Transformation Map for the hotel industry

The job framework would help the hotels and their workers to be future-ready.

NetLink NBN profit climbs 19.7% YoY to $109.3m in FY23

Its 5.24 Singapore cents DPU is the highest the Trustee-Manager distributed since listing.

Sembcorp to build $900m multi-utilities centre in Jurong Island

It will have a 600MW hydrogen-ready power plant, developed by Mitsubishi Power and Jurong Engineering.

Singapore named eighth fastest-growing UHNW market

It had the highest net individual wealth in Asia, at S$4.7m.

Soon Hock secures Tampines North Drive 4 plot for $113.89m

The site was launched for tender on 31 January, with Soon Hock 

Two-storey attic shophouse within City Hall for sale

The expression of interest ends on 21 June 2023 at 3 pm.

Singapore, Bhutan ink MOU for carbon credits partnership

They will sign an agreement for the international transfer of carbon credits.

Grab's revenue more than doubles to $525m in Q1

The company's loss for the period recovered 43% YoY to $250m.

MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments

Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.

LG Ad Solutions, Tyroo ink deal to market CTV ad solutions in SG, other SEA markets

The CTV solutions are available on more than four million LG Smart TVs.

More than half of SG households have changed their grocery-buying habits

Forty-two per cent said they now have a lower budget for groceries.

8 in 10 job seekers want employers with seamless digital recruitment process

Some will even put off working for a company that doesn’t provide such experience.

Daily Markets Briefing: STI up by 0.27%; Yangzijiang Shipbuilding is top stock

Yangzijiang Shipbuilding was the most active stock with a 3.20% growth.