News
Singapore tops non-OIC destinations for Muslim travellers in 2024
Singapore tops non-OIC destinations for Muslim travellers in 2024
Including the OIC destinations, Singapore ranked 9th overall.
MPA opens three new berths at Tuas Port amidst vessel diversion challenges
The new berths will operate later this year.
Singapore invests $300M in National Quantum Strategy
It aims to boost the nation’s quantum industry.
URA opens tenders for Margaret Drive and Media Circle sites
The sites can yield 460 residential units and 530 long-stay serviced apartments, respectively.
Singtel and Telin to build 100km submarine cable system between SG and Batam
By Q4 2026 it is expected to support the growing data centre traffic.
MPACT divests Mapletree Anson for $775m
The divestment consideration exceeds the original purchase price of $680m.
Mapletree Industrial Trust Management promotes CFO Ler Lily to CEO
Khoo Geng Foong will replace Lily as CFO.
MAS extends fair dealing rules to all financial products and services
Previously, guidelines applied only to investment product selection and services.
SBS Transit and Siemens Mobility ink contracts for Downtown Line signalling support
Siemens Mobility will repair components, analyse failure trends, and manage obsolescence.
KSH Holdings incurs $31.5m net loss in FY24
Revenue for the period also fell by 28.2%.
CapitaLand India Trust secures $200m sustainability-linked loan
It will use the loan to refinance existing RCFs.
IVSC board names first Asian and female chair
Lim Hwee Hua previously served as minister of the Singaporean government.
Amy Leong appointed as AEM Holding’s CEO
She will take on the role effective 1 July.
Azeus Systems' net profit surges 91% YoY to $9.96m in H2 2024
The company attributed the increase to improved revenue.
Old Chang Kee's net profit rises 50% YoY to $5.29m in H2 2024
Full-year profits also increased by double digits.
Hiap Seng Industries posts $20.1m net profit for FY24
Revenue for the period was also 34.1% higher year-on-year.
Marketnode completes Series A funding led by HSBC and Temasek
The startup will use the investment for platform expansion.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape