News
Parkson Retail’s net profit falls 4.3% in FY2024
Parkson Retail’s net profit falls 4.3% in FY2024
The company’s revenue also decreased YoY by 3.1% to $214.8m.
UOB net profit rises 6% to $6b in FY24
It will return $3b to shareholders over the next three years.
Singtel’s net profit dips 2% in 9M 2024
The company attributes this to a lower exceptional gain of $680m.
Cordlife expects 2024 net loss due to suspension of SG operations
The suspension was pursuant to the Ministry of Health's notices.
EBANX secures MPI license approval in principle
This approval enables EBANX to offer a comprehensive range of payment services in Singapore.
Standard Chartered named banking partner for StraitsX stablecoins
The partnership aims to enhance the reserve management of StraitsX’s stablecoins.
Freehold land in District 15 up for sale at $38m via tender
The vacant plot spans approximately 3,300.7 sq m (35,528 sq ft) and is zoned for "3-storey mixed landed housing."
NODX growth seen steady in 2025 despite slow January start
In January 2025, NODX fell by 2.1% YoY.
Why a third of Singaporean SMEs don’t use cyber insurance
Amongst those without coverage, half considered purchasing a policy.
Retail vacancy rate falls to 10-year low with strong demand in 2024
Demand may rise with tourist arrivals in 2025 but could be offset by outbound travel.
Daily Markets Briefing: STI up 0.49%; Top stock is ST Engineering
ST Engineering is the top stock with a 2.20% increase.
BUDGET 2025: Tech industry flags practical challenges of digital adoption
There is a need to close the digital skills gap amongst SMEs.
DBS names new group heads of corporate & SME arm, operations
Chen Ze Ling and Welson Jamin will take over the roles, respectively.
BUDGET 2025: $1B investment for hawker centres over next 30 years
Hawker vendors to receive one-time $600 rental support.
BUDGET 2025: SG60 vouchers to be given to all Singaporeans aged 21 and above
Disbursement will start in July.
BUDGET 2025: Corporate income tax rebate unveiled; National Productivity Fund boosted $3b
The government is also enhancing the Progressive Wage Credit Scheme.
BUDGET 2025: Gov’t announces 5-year Matched MediSave Scheme for lower-income seniors
It will provide a dollar-for-dollar government grant of up to $1,000 per year.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
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