News
Singapore firms optimistic about GenAI but face IT infrastructure gaps
Singapore firms optimistic about GenAI but face IT infrastructure gaps
Only 60% of Singaporean businesses have adopted application containerisation.
Singapore’s office market stable with 5.2% vacancy rate: Colliers
Demand for prime office spaces in Singapore remains strong.
DBS raises Straits Times Index year-end target
Due to a potential $15b to $30b liquidity injection from the Monetary Authority of Singapore’s equity market support measures.
Daily Markets Briefing: STI up 0.48%; Top stock is SATS
SATS is the top stock with a 2.28% increase.
CAAS injects $1b to boost Changi Airport’s operations
The fund will improve the airport’s connectivity, infrastructure, innovation and technology, and manpower.
SIA’s KrisFlyer programme hits 10 million members
Members will enjoy 20% miles redemption discounts on Economy Saver award flights.
ST Engineering to transfer MRO business to Florida, Texas
This move will consolidate operations of its subsidiary in the US.
Singapore to provide $40,000 incentive for zero-emission heavy vehicles
This will be available for three years.
DBS boosts sustainable financing to $89b in 2024
Customers invested over S$42m in sustainable funds.
Hongkong Land appoints Executive Director for Westbund Central
Stuart Grant will assume the post on 30 June.
Singapore aims to boost maritime efficiency with digital and cybersecurity upgrades
The city-state will leverage technology to improve operations.
Gov’t exploring new rail lines
The government also intends to invest up to an additional $1b for rail management.
Mandarin Oriental narrows net loss by 78% in FY2024
Loss for the period eased to $104.6m from $4.8b a year ago.
LTA to impose new measures to enhance P2P transport industry
This aims to improve its stability, contestability, and inclusivity.
MND expands seniors programme
It aims to encourage private households with seniors to install senior-friendly enhancements.
Retail sales rebound 4.5% in January
Total retail sales were estimated at $4.5b.
SGX Group appoints Jean-Philippe Malé as CEO of SGX FX
It also confirmed Lee Beng Hong’s departure.
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