News
DBS names Ping An Tech’s Eugene Huang as bank CIO
DBS names Ping An Tech’s Eugene Huang as bank CIO
Huang led a team of 22,000 employees in Ping An to provide IT offerings.
Singapore property tax hike dents FHT's 1H24 bottom line
In 1H24, the REIT reported a 1.3% YoY lower NPI.
Coliwoo and Macritchie JV acquires Wilmer Place for $26.5m
Savills executed the sale.
MTI and EMA seek feedback on energy legislation changes
The public consultation will end on 5 June.
ARA H-Trust to divest two Hyatt hotels for $42m
The REIT will use net proceeds to repay debt or acquire new properties.
Gov’t eyes tighter measures vs. money laundering
A possible amendment to the law includes giving regulators access to suspicious transaction reports.
4 in 5 businesses say generative AI adds value: study
Meanwhile, some of the respondents are uneasy about its future.
Singapore and UK strengthen collaboration in sustainable finance
The countries vowed to bolster financing for net zero agenda.
Olam Agri raises offer for Namoi to A$0.70 per share
Namoi's biggest shareholder has backed Olam's offer.
Prime US REIT's net property income dips 11.7% YoY to US$20.8m
The REIT faced lower occupancy and higher finance expenses.
SGX derivative volumes spike in April
It rose by 36% YoY to 24.1 million contracts.
AEM Holdings net profit drops to $2.3M in 1Q24
It fell by 85.0% YoY.
AEM Holdings saw its net profit drop by 85.0% YoY to $2.3m in 1Q24.
Seatrium and ABS ink 3-year deal to green maritime and offshore sectors
The agreement will focus on four key areas.
Robust demand and expansion boost Beam's 2023 revenue by 36%
The company eyes entering more markets this year.
Singaporeans opt for gifts and outings on Mother's Day
Four in 10 picked gift-giving as an ideal way to mark the special day.
Daily Markets Briefing: STI down 1.13%; Top stock is DBS
DBS is the top stock despite a 0.612% decrease.
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape