News

ABS, Singapore anti-ML group unveil new practice paper to enhance audits

Banks in Singapore are expected to review their audit practices against the paper.

1 in 2 workers comfortable discussing mental health with mgmt: survey

However, 66% of respondents reported heavy workloads.

Woodside and Keppel sign liquid hydrogen supply deal for Singapore data centres

This follows their non-binding Heads of Agreement in April 2023.

Shell pipeline leaks oil into Singapore’s Bukom Island

Clean-up operations commenced following the detection of the spill.

HDB and condo rental markets stabilise as tenant demand softens

Experts said demand will continue to taper off for the rest of the year.

COTD: Singapore leaders view GenAI as key to strategic leadership shifts

Managers and leaders expect GenAI to improve their skills and productivity.

Daily Markets Briefing: STI up 0.41%; Top stock is ST Engineering

ST Engineering is the top stock with a 2.12% increase.

DBS unveils token services with smart contracts for transaction clients

It makes use of DBS’ Ethereum Virtual machine-compatible permissioned blockchain.

Private property market lags with only 1,899 units sold in H1

This falls short of DBS's initial forecast of 7,500 to 8,500 units for the year.

Industrial landlords offer flexibility amidst softer demand

Demand has shifted towards spaces capable of storing dangerous goods.

S.F. Express opens airside logistics centre at Changi Airfreight Centre

The centre will reduce the company's on-airport processing time.

Boustead Singapore obtains $156m green loan for Tuas Road warehouse

It expects to complete the redevelopment of the facility by early 2025.

Condo rents fall 0.2% MoM and 3.6% YoY in September

All markets recorded a year-on-year drop.

ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans

It will use proceeds from both facilities for corporate funding.