News
Nearly half of SG employees still 'uncomfortable' to admit AI use
Nearly half of SG employees still 'uncomfortable' to admit AI use
Despite this, 88% feel an urgency to become an AI expert.
AA REIT advances key sustainability initiatives
They have also reaffirmed their commitment to ESG targets.
UOB taps Leong Yung Chee as new CFO
The appointment will take effect on 22 April 2025.
SMF, AET ink MoU on SG’s maritime talent development
AET will sponsor four scholarships and two internships a year from 2025 to 2027.
CLI acquires Australian investment firm Wingate for $173m
The acquisition will boost CLI’s FUM in Australia by over 30%.
Johor-Singapore SEZ signing delay creates uncertainty for SMEs
Postponed signing prompts a wait-and-see approach.
Multi-user factory segment drives growth in industrial REITs
The segment is expected to see the strongest rental growth of 18%.
PeakBayou acquires 91.06% of AMOS’ issued shares
This represents an aggregate of 189 million shares from Amos.
Miyoshi Limited to sell Malaysia property for $4.27m
The group expects a gain of about $1.7m from the disposal.
SAM Holdings forms strategic review committee amidst continuing net loss
Returns from its proton beam therapy have been slower than expected.
Geopolitical risks rise as top threat to Singapore economy
The growth in China is also seen to significantly impact Singapore’s economy.
Daily Markets Briefing: STI up 0.41%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 2.18% increase.
Two-thirds of Singaporean firms cut AI investments over trust concerns
They cited data governance (26%), budget constraints (28%), and untrusted data (26%) as major barriers.
OCBC sets up dedicated teams in Singapore, Malaysia to support SMEs
The two teams will comprise 25 experienced bankers.
CPF SMRA interest rate drops to 4% in Q1 2025
This is due to a decrease in the 12-month average yield of 10-year Singapore Government Securities.
Bishan-Toa Payoh town council gets amber rating for corporate governance
It is the only town council that failed to achieve a green rating.
Everbright Water to buy electricity from Everbright Greentech Services
Everbright Greentech must supply electricity 181 million kilo-watts per year.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape