News
Private resale volume drops 23.8% MoM in January
Private resale volume drops 23.8% MoM in January
Experts attribute the decline to the government cooling measures.
Webnovel's author incubation program to buoy amateur creators
The program gives young Singaporean writers a chance to publish their stories and earn from them.
Lendlease REIT lays down add'l 313@somerset floor area
The approximately 10,000 sqft will maximise the property's full potential.
92% of consumers won’t buy from businesses failing in data protection
This has pushed organisations to consider privacy a true business imperative.
EMA extends temporary electricity contracts to May 2022
The disruption in piped energy supply persists.
Lendlease REIT to acquire the remaining interest in Jem for $2.079b
This will result in the REIT owning a direct 100% stake in the property.
Market update: STI down 0.4%
Wilmar International was seen with the most growth.
International expansion on the backburner for 60% of SMEs
Six in five expect pandemic measures to worsen in the next 12 months.
DBS posts record S$6.8b net profits in 2021
Loan growth was at its highest in seven years.
Olam to divest remaining stakes in ARISE IIP, ARISE IS for $254.55m
This leaves the company with only a 32.4% stake in the ARISE group.
SIA Engineering forms component services division
The new division aimed to help with maintenance, repair, and overhaul.
Court moves MNACT’s trust application scheme hearing on 21 February
It was originally scheduled for 18 February.
ST Engineering forms consortium to use unmanned aircraft for deliveries
Included in the consortium are Sumitomo Corporation and Skyports.
Starhub net profit up 17% YoY to $148.3m for FY2021
Performance for the same period also exceeded the Group’s expectations.
DBS commits add'l $100m to its foundation
The funds will mainly go to improving the livelihood affected by the pandemic.
Thomson Medical Group achieves 1H22 PATMI of $12.5m
This is a 54% rise from the same period last year.
ExxonMobil chosen as supplier of sustainable fuel for Singapore aviation
This marks the pilot on the use of SAF, particularly used oil and waste animal fats, in Singapore.
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Commentary
Singapore's hiring slowdown: A call for data-driven resilience
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How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
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Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy