News
Income to fully reimburse policyholders affected by Jetstar Asia closure
Income to fully reimburse policyholders affected by Jetstar Asia closure
The airline is expected to report a net loss this financial year.
FairPrice unveils over 100 SG60 vouchers in anniversary savings drive
In 2024, the campaign generated nearly $1.4m in customer savings.
Singapore ranks third in APAC for life-work balance
It is placed behind New Zealand and Australia.
Tokio Marine taps former AIA, Singlife execs for key leadership roles
A new CFO and CEO has been appointed.
CapitaLand China Trust sells CapitaMall Yuhuating to CapitaLand Commercial C-REIT
CLCT will use part of the proceeds to subscribe to 5% of CLCR’s IPO units.
MPA signs deal with Firmus for seawater-cooled AI data centres
MPA will provide technical and regulatory guidance.
ServiceNow boosts Singapore digital talent with Nanyang Polytechnic collaboration
It is built on Microsoft Azure.
Singapore leads global AI investment with 27% of firms topping $1.28m: report
This places Singapore ahead of both the UK (18%) and the US (14%).
Singapore firms tighten credit terms as delays persist in 2024: report
However, the average credit period shortened slightly to 53 days, a sign of increasing financial caution.
MPA renews BV partnership on digital and green tech
It will focus on emerging technologies such as cybersecurity standards, new battery systems, and fuel cell integration.
DFI exits SG grocery market with minimal disruption expected
Macrovalue acquired DFI’s Cold Storage and Giant stores in Singapore for $125m.
Allianz signs MGA deal with Hydor for Asia marine liability cover
Hydor will be authorised to underwrite a range of marine liability products.
Daily Markets Briefing: STI down 0.03%; Top stock is Venture
Venture is the top stock with a 1.25% increase.
ICP Limited’s exit offer declared unconditional
The offer will close on 23 June.
Singapore Airlines partners with PALO IT on AI-powered product development
SIA will adopt PALO IT’s Generative AI Enhanced Engineering methodology.
Sheffield Green acquires training services business in Spain
The acquisition is part of its geographical expansion.
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Commentary
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