News
A*STAR SIFBI, Monell Chemical Senses Center partner for 5-year sensory science research
They aim to develop sensory testing protocols specific to Asians by integrating traditional Eastern culinary practices.
SG’s clean energy initiative receives $67.3m investment from AUS
The initiative aims to support clean energy transition across Southeast Asia.
Pang Pok steps down as GS Holdings CEO
He will be succeeded by the newly appointed acting CEO Loo Hee Guan.
KoolLogix, A*STAR unveil $8m joint lab to develop cooling solutions for AI data centres
They have also introduced the new HRM50 Series, built to meet the extreme cooling needs of AI-intensive environments.
Far East Group establishes board sustainability committee
The group has appointed Linda Hoon Siew Kin as the independent director.
Dasin Retail Trust seeks 6-month court stay
A report was filed regarding suspicious buy-back arrangements at pre-agreed prices.
Camsing Healthcare placed under SGX-ST watchlist
The company has 36 months to improve its financial performance to avoid delisting.
Gov’t invites public to share their views for Budget 2025
The budget will be presented in February 2025.
ESR-Logos Reit announces name change to ESR-REIT
The fund’s manager will also change its name.
Singapore waives permit for restaurants to allow pets in outdoor dining areas
About 40 restaurants are expected to benefit from this move.
Singapore general insurance market to reach $8.1b by 2029: report
The industry is expected to grow by 8.0% in 2024.
Daily Markets Briefing: STI up 0.98%; Top stock is ThaiBev
ThaiBev is the top stock with a 3.48% increase.
Singapore to align with global growth in 2025, driven by sustainability trends
Singapore led regional growth in 2024, with institutional investment soaring 74% YoY.
Singapore export payments drop 27% YoY in 2024: Instarem
Signs of sector recovery and rising sentiment may spur market expansion.
Holland Plain and River Valley Green unlikely to be triggered for sale
The Holland Plain site and River Valley Green (Parcel C) are unlikely to be triggered for sale, with the former awaiting responses and the latter affected by earlier sales in the area.
US rate cuts to boost Singapore’s office, logistics, and retail sectors
Lower borrowing costs may boost transactions as buyers and sellers regain confidence.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform