News
95% of employers say no to four-day work week
95% of employers say no to four-day work week
The top reason is that business operations do not permit a four-day workweek.
Falcon Energy Group to delist on 15 November
Deloitte & Touche LLP were appointed as liquidators.
SMI Vantage cancels expansion plans amidst delisting
The company has a net current liability of US$937k.
Olam Group receives non-binding offer from SALIC for Olam Agri stake
The company stressed that it is still discussing the potential sale.
Denso revenue down 1.1% in half year results as vehicle sales in Asia slows
The group is also impacted by the suspended operations of Japanese customers.
Office floor at Wisma Atria sells for $16.1m
The space is approved for medical use.
Hongkong Land targets $10b in asset recycling amidst strategic shift
This strategy could reduce the company’s earnings volatility over time.
Landed home sales struggle in Q3 as buyers hesitate on purchases
Sales fell 3.7% QoQ to 414.
COTD: Auction listings drop 25.2% QoQ in Q3
Mortgagee and owner sale listings were nearly equal.
Singapore blocks Income-Allianz deal due to social concerns
Government cites public interest and social mission concerns.
China Duty Free opens second boutique at Changi Aiport
This marks the second luxury store operated by CDFG.
Yongmao Holdings expects low net profit for H1 2025
This is due to higher freight charges from higher rates.
Tianjin Pharma posts 11 % net profit rise in Q3 2024
The group’s Chinese medicine segment primarily drove revenue, which contributed $807.8m.
Micro-Mechanics Holdings' net profit climb 14% YoY in Q1 FY25
Revenue rose by 2.5% YoY to $16.2m.
First REIT's net property income drops 6.0% YoY in 9M 2024
The REIT attributed the decline to the yen and rupiah's depreciation against SGD.
SG Singles’ Day online sales surge by 159% in 2023
SEA’s transactions also skyrocketed by 140%.
SG, WTO ink MoU to establish secondment programme for gov't officials
Each secondee will be accompanied by a national officer from a least-developed country.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away