News
Nearly half of Singapore leaders back GenAI after staff use
Nearly half of Singapore leaders back GenAI after staff use
The bottom-up push is driven by staff motivations to “look smarter and more professional.”
Singapore urged to double down on AI and advanced manufacturing
Several segments are projected to generate $29t to $48t in annual revenue by 2040.
Daily Markets Briefing: STI down 0.27%; Top stock is Jardine Matheson Holdings
Jardine Matheson Holdings Limited is the top stock with a 1.50% increase.
COTD: Temps now surpass full-time employees on key projects
However, 59% of companies still currently use full-time staff for operational support.
Lion Global Investors to list Singapore’s first active bond ETF on SGX
The initial offering period runs until 23 September, with units priced at $1 each.
H2G Green sells P5 assets to focus on energy unit
This will fuel the growth of the energy segment.
Cora Environment commits $200m for waste-to-resource development
This funding commitment will support the city-state’s zero-waste goal.
COTD: Startup funding deals up, value falls in 2024
The distribution of funding leaned heavily towards early-stage investments.
HDB Land sales at Chenchuru Close and Sembawang Road attract strong bids
Top bid was $1.012b from Evia MCS, Gamuda, and H108.
Sun Life Singapore launches two new indexed universal life products
The wealth accumulation plan is linked to S&P 500 performance.
Green Investments Partnership achieves first close with $652.8m investment
The funds will be deployed in the coming months for green projects in Asia.
IRAS tax revenue rises 10.7% to $88.9b in FY2024/25
Corporate Income Tax rose by 6.7% to $30.9b.
Chencharu Close, Sembawang Road EC sites draw mixed developer interest
The sites attracted three and four bids, respectively.
Centurion lodges preliminary REIT prospectus with MAS
There is no certainty the listing will proceed as planned.
CapitaLand Commercial C-REIT IPO breaks subscription records in China
It was oversubscribed 254.5x by institutions and 535.2x by retail.
Frasers Hospitality Trust scheme sanctioned by court
The last day of trading is 11 September.
IREIT Global faces payment order over Berlin campus dispute
Subsidiaries have until 10 October to file objection.
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