News
MAS sets new ICR, leverage caps, and tighter disclosure rules for S-REITs
MAS sets new ICR, leverage caps, and tighter disclosure rules for S-REITs
The changes will take effect immediately.
Interra Resources gets 12-month extension for SGX watchlist exit
This allows the company to meet the required daily market capitalisation of at least $40m on average.
SBS Transit and French operator RATP Dev to operate Jurong Region Line
The passenger service is scheduled to open in three stages, starting in 2027.
Hong Lai Huat, The Assembly Place to develop projects in Cambodia
The parties aim to formalise several initiatives within the next 60 days.
ASL Marine applies to exit SGX-ST watchlist
The group has until 4 December 2024 to meet SGX’s requirements.
Marco Polo Marine’s net profit slips by 7.4% YoY in 2024
The company attributed this to a 2.8% YoY decline in revenue.
Platform Workers Act to drive industry costs higher by $493m a year
Workplace injury compensation insurance could add up to $42.88m annually.
SMF, JP’s Mitsui O.S.K Lines ink MoU on maritime scholarship programme
MOL aims to offer two MaritimeONE Scholarships per year.
Daily Markets Briefing: STI up 0.43%; Top stock is CapitaLandInvest
CapitaLandInvest is the top stock with a 2.24% increase.
Singapore firms lead ASEAN in sustainability initiative growth
26% of ASEAN organisations increased their sustainability efforts in 2024 than last year.
Specialised roles see strong growth in Singapore job postings: Indeed
Sales and marketing managers posted a 127% growth, whilst AI engineers rose 83%.
Equinix, NUS partner to advance data centre sustainability
Equinix will invest $5.36m (US$4m) for a data facility.
Zebra Technologies, Singapore Manufacturing Federation sign deal to enhance SME growth
The partnership will include training programmes and knowledge sharing.
Singapore’s NBFI assets rise 4% in 2024
The increase was driven by expansion of insurers and investment funds.
Singapore and Saudi Arabia sign MoU on health cooperation
It outlines areas such as education and training, primary healthcare, and promotion policies.
SingHealth names new CEO for Eastern General Hospital
Gan Wee Hoe’s appointment will be concurrent with his position as SCH’s CEO.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape