News
Singapore firms score 82% on ethical culture
Singapore firms score 82% on ethical culture
Globally, nearly 25% of employees said breaking the rules is acceptable to get the job done.
SGX FX onboard Rand Merchant Bank on buyside platform
RMB will offer liquidity services to the OTC FX buyside platform.
Over 10 Singaporeans make it in Forbes’ ‘30 Under 30 Asia’ list
In total, 27 listees in various categories were from Singapore.
New home sales drop 58% MoM to 301 units in April
Year-on-year, sales fell 66%.
Singapore to redevelop Alexandra Hospital for active agaeing initiative
The redeveloped hospital will comprise around 1,300 beds.
Goodland reports a $3.5m net loss for 1H24
The company attributed its net loss to lower gross profit.
Singapore Grade A office rents up by 0.7% after two quarters decline
Tight supply and renovation costs drive rent increase.
Good Class Bungalow land at Jervois Hill up for auction
Unit land prices for GCBs have breached $2,685 (US$2,000) psf.
Yangzijiang Financial to seek approval for maritime diversification at EGM
The company will hold the EGM on 31 May.
Lawrence Wong sworn in as Singapore's new prime minister
He is the first prime minister born after Singapore's independence.
64% of companies attacked by ransomware in 2023: survey
Half of the cyberattacks led to data being encrypted.
Prime US REIT divests One Town Center to Miles Capital for US$82m
It sold the property below its valuation.
MSCI Global Standard Indexes drop five Singapore constituents
Only 16 SGX-listed stocks will remain in the MSCI Singapore section.
CapitaLand India Trust taps Gauri Nagabhushanam as CEO designate
He began his stint as CEO designate on 16 May.
SIA Group's passenger volume rises 17.8% YoY to 3.2 million in April
Despite the increase, the passenger load factor dipped to 87.2%.
Singapore Airlines' net profit soars 24% YoY to $2.7b in FY23/24
Record passenger revenue and load factors drove the increase.
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape