News
Daily Markets Briefing: STI up 0.08%; Top stock is UOL
UOL is the top stock with a 2.73% increase.
Lakeside Drive site draws six bids despite market caution: analysts
This is the highest land rate for an Outside Central Region site since November 2023.
Businesses lose $7m on average to fraud in past year: report
Fully online businesses in Singapore saw the sharpest spike, reporting a 64% YoY increase in fraud-related losses.
Nearly 50% of consumers use AI to assist shopping: survey
The report found that 49% of Singapore consumers used AI tools, such as ChatGPT, for shopping in the past year.
More than 30% of consumers are increasingly driven by social media trends: report
Singapore consumers say social media trends influence their buying decisions.
Six in 10 shoppers abandon purchases over slow checkout
56% would walk away if their preferred payment method isn’t offered.
54% of Singaporeans show more loyalty to socially responsible brands: report
58% of both Millennials and Gen Z shoppers in Singapore are especially responsive to brands with a clear social impact focus.
Golden Village sells Yishun 10 Cinema to Frasers subsidiary for $48m
Net proceeds will be used to repay bank loans and for general working capital.
Alpina Holdings in private talks over possible share deal
Shareholders are advised to exercise caution when dealing in the shares.
Sasseur REIT taps Cheng Hsing Yuen as new COO
His appointment took effect on 3 June.
SATS, Kuehne+Nagel to enhance air cargo logistics supply chain
They have introduced an expedited delivery service for urgent aircraft parts in Singapore.
Japfa to delist from SGX on 6 June
The company was originally scheduled to delist on 10 June.
Stoneweg EREIT to trade European Stapled Trust on 16 June
Stoneweg European REIT units will cease to trade on the SGX-ST on Friday, 13 June 2025.
ST Engineering bags 5-year MRO deal with Air Cairo
The contract will support the LEAP-1A engines for Air Cairo’s Airbus A320neo fleet.
Tourism job interest jumps 130%: Indeed
Job opportunities in the sector also rose by 48.7%.
Grand Venture Tech’s profit after tax up 27.7% YoY in Q1
The company’s revenue also rose by 44.8% YoY to $44.6m.
Read Here
Advertise
Sign Up
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices