News
H2G Green prices 3 million new shares at $0.04 apiece
Trading of the new shares is expected to commence on or before 10 March.
DBS CEO Piyush Gupta earned $17.58m in 2024
About $9.35m of this is a deferred award, of which 17.1% will be in cash.
Razorpay rolls out payments platform to Singapore
It offers AI agents and a magic check-out service.
Developers to welcome extension on ABSD regime
This will give developers more wiggle room.
MAS bans credit use for cryptocurrency purchases
MAS aims to help consumers avoid losses from crypto investments.
ONE and Singapore Maritime Foundation ink talent enhancement deal
Scholarships and internships will be offered.
Government says no to separate COE category for private-hire cars
The government introduced regulatory changes for taxis and PHC.
Mediacorp appoints new board member
Susan Ho has held senior leadership roles at Standard Chartered Bank, Brunswick, and fintech unicorn Airwallex.
JTC extends industrial land leases to boost business growth
This will cover the development phase to ensure businesses enjoy the full 20- or 30-year lease term.
Singapore cap rates remained stable in Q4
Interest and inflation rates declined during the period.
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.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform