News
Ascott to open 17 lyf properties by 2025
Ascott to open 17 lyf properties by 2025
The new properties will expand the lyf portfolio to 3,000 units worldwide.
Trade Minister Gan makes official US visit to strengthen ties
The visit aims to reaffirm their lasting bilateral economic relations.
HDB resale prices up 13.8% YoY in September
Meanwhile, resale transactions decreased by 8.4% to 2,518.
Olam Treasury Pte. Ltd. secures $325.4m samurai loan facility
The facility is composed of two tranches.
Core inflation to rise to 1.4% in 2022: analysts
This is on the back of higher energy and food prices.
KPMG allocates $2.04b for ESG commitments
These hubs are to be established in Europe, the Asia Pacific, and the Americas.
Market update: STI up 0.45%
Jardine C&C showed the most growth.
SPH bounces back with 69.8% increase in operating profit
This follows after SPH restructured its media business.
Maybank Singapore unveils new home mortgage, renovation green loans
The bank expects to process over 500 sign-ups yearly.
Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS
Direct exposures to China’s property sector are less than 1% of non-bank loans.
Office investment volumes crash 59.7% in Q3
But office investment sales are expected to improve in the next quarter.
SIAEC divests entire 39.2% shares in JV for aircraft parts repair
SIAEC’S stake is pegged at $3.79m (US$ 2.79m).
ST Engineering strikes largest acquisition with TransCore deal
The deal is expected to be completed in Q1 of 2022.
F&B sales down 6.7% in August
This is a 6% decline from the value recorded in July.
VFlowTech secures US$3m in pre-Series A funding
The financing was led by Wavemaker Partners.
Market Update: STI down 0.7%
SATS, ThaiBev and Jardine C&C showed the most growth.
Shields up: Singapore amongst top 10 targeted countries for cloud threats
This comes from a survey conducted by McAfee.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?