News
Golden Energy and Resources to launch Singapore innovation centre
Golden Energy and Resources to launch Singapore innovation centre
It will focus on tech for mining and construction.
48,259 SMEs exited the market in 2017: study
The wholesale trade sector led cessations with 8,007 entities exiting the market.
Ascendas REIT's NPI up 3.2% to $649.58m in FY2018/2019
Its UK and Australia properties boosted income.
Frasers Logistics & Industrial Trust NPI jumped 43.3% to $45.97m in Q2
Earnings were bolstered by its 2018 and 2019 acquisitions in Europe and Australia.
IPOS cuts patenting process time for AI inventions
Application-to-grant processes will be trimmed to six months from the typical period of two years.
Quarz Capital urges merger between Ascendas Hospitality Trust and Ascott Residence Trust
The merger is said to bring an asset base and market cap exceeding $6.6b and $3.6b, respectively.
DBS removes OTPs in digital token for corporate customers
The upgraded digital token will be available in Asia starting May 2019.
UOB ties up with SGX and CCOIC to support Chinese firms
The tripartite alliance aims to help Chinese firms expand to ASEAN.
Keppel raises medium-term note programme limit to $6.81b
Proceeds will be used for corporate and working capital purposes.
DBS Q1 profit up 9% to $1.65b
Strong interest income offset declining wealth management, brokerage and investment banking fees.
Daily Briefing: Singapore now home to 150 VC funds; Technology and data-related jobs to buoy hiring in finance
And Lakeside Garden, the first phase of Jurong Lake Gardens, opened for preview.
Daily Markets Briefing: STI up 0.13%
Expect some gains today.
Chart of the Day: Industrial prices down 0.1% in Q1
Rents remained flat in the first quarter.
Far East Hospitality Trust NPI up 9% to $25.07m in Q1
The income boost came from contributions from Oasia Hotel Downtown.
Hyflux CEO Olivia Lum vows to get $1 annual salary until firm ends restructuring
Hyflux is forced to make more cost-cutting measures after the SM Investments deal fell apart.
Motor insurance plan for new and young drivers launched
Policyholders attending a safe driver programme can have additional premium loading cut by 10%.
Manufacturing output contracts 4.8% In March
The electronics segment fell 15.3%.
Read Here
Advertise
Sign Up
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?