News

SFC issues new guidance to tighten risk controls on IPO financing services

This includes the requirement to collect minimum upfront deposits from clients.

Top Glove returns to the black with 159% Q2 net profit surge

The company recovered from a net loss of $15.5m (MYR51.2m) in Q2 2024.

Sincap Group to acquire Skylink APAC for $42.3m in reverse takeover

Skylink APAC operates one of Singapore’s largest commercial leasing fleets, with over 1,200 vehicles.

Freehold 4-storey shophouse at Outram Road for sale at $12m

The shophouse, refurbished in 2021, has an estimated gross floor area of 4,600 sq ft on a 1,531 sq ft site.

Six in ten Singapore employees would quit due to a lack of belongingness

67% of Gen Z workers indicated they would resign if they lacked a connection to their workplace.

Daily Markets Briefing: STI up 0.59%; Top stock is ST Engineering

ST Engineering is the top stock with a 5.18% increase.

CIOs prioritise digital infrastructure for sustainability goals

Nearly 99% of CIOs say they have intelligent digital infrastructure in place.

SAP Labs, NUS launch programme to train AI researchers

The programme aims to recruit and train nine researchers by 2030.

Citi Private Bank unveiled new philanthropy advisory solutions in Asia

Services include donor-advised funds or funding donations through charity partners.

The Bugis Collection portfolio on sale via EOI

The properties are available for bulk purchase or piecemeal acquisition.

Competition regulator says no guidance yet on Grab and GoTo merger

The commission said it is aware of news reports of a possible merger.

Gov’t launches scheme to support local heritage businesses

The scheme will be piloted from 20 March to 18 May.