News
Passenger growth exposes friction in Changi’s payment system
Limited payment integration is creating traveler frustration at key touchpoints.
MAS investigates ex-Yang Kee Logistics CEO’s allegations against UOB
UOB, however, called the allegations ‘baseless and defamatory.’
SG’s public healthcare staff to receive pay hikes of up to 7%
This follows the Ministry of Health’s announcement last January.
Singapore places fourth for most ‘ATMs near me’ Google searches
Sri Lanka, Malaysia, Mongolia, and Hong Kong also made the list.
SATS, Guangtai to explore advanced tech for airport ground support
The collaboration also includes a focus on training, engineering, and sustainability improvements.
MPA, Republic Polytechnic to launch unmanned aircraft pilot training programme
This aims to equip MPA and commercial UA pilots to operate drones for maritime applications.
Condo resale prices up 5.8% in Feb 2024
A $15m unit in Yong An Park was the month’s most expensive condo resold.
MPA renews MoU with Chinese university for talent development
The two will continue to engage in faculty and student exchanges.
SingPost completes sale of Freight Management Holdings for $867m
Special dividend to be disclosed “in due course.”
Sembcorp unit, Malkoha sign 25-year renewable energy purchase agreement
The company will operate a 150-megawatt peak floating solar photovoltaic system.
SGX-listed Sinarmas Land gets $1.32b takeover offer
Lyon Investments was offering to delist the company from SGX’s mainboard.
UOB unveils FDI Advisory Centre in South Korea
The bank has helped over 150 Korean companies expand to SEA since 2011.
LIA Singapore appoints Wong as president with new 2025 goals
She succeeds Dennis Tan.
Singapore lags Southeast Asian peers in workplace mental health backing
In Singapore, only 52% of workers say they are satisfied with their jobs.
Only 22% of Singapore leaders see climate as top risk
Across Asia, 83% of executives say the current economic climate is deprioritising sustainability goals.
Daily Markets Briefing: STI up 0.39%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.09% increase.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape