News
SLA revises land betterment charge rates for 4 use groups
SLA revises land betterment charge rates for 4 use groups
The revised charges will apply until 28 February 2025.
Non-landed luxury homes see price hike amid sales dip
This is amidst lower volumes in home transactions.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
Former president Halimah Jacob joins SIAS as new chief patron
She will replace fellow former president Tony Tan.
Chris Chong ends tenure as CLI retail and workspace head for SG and Malaysia
Ervin Yeo will succeed Chong.
ESR Group names Brett Krause interim board chairman
The group aims to appoint a new chairman by Q1 2025.
Dasin Retail Trust Management issues demand letter to minority directors over breach of duties
They must compensate DRTM for blocking an investment deal by a Chinese state-owned entity, amongst others.
ST Engineering and MAN team up for Singapore's zero-emission bus project
By 2030, the government plans to replace 6,000 buses with zero-emission models.
LTA to waive ERP administrative fees for payments settled within five-day grace period
Motorists missing the grace period will pay the $10 administrative fee
SG and Malaysia advance talks on Johor-Singapore SEZ agreement
Discussions between the two countries took place from 28 to 30 August in Johor.
Daily Markets Briefing: STI up 0.84%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 4.45% increase.
AIA, Singapore University of Social Sciences launch insurance minor
As part of the agreement, the insurer plans to upskill 100 of its employees.
Manufacturing and trade sectors show signs of recovery in August
The electronics segment is expected to boost the manufacturing sector in H2.
NETS taps DBS’ Jeremy Soo as new chairman
He will succeed Susan Hwee, who will assume the role of head of group retail at UOB.
ASL Marine net profit up 5% to $3.8m in FY2024
Earnings per share is 0.58 cents in FY2024.
Business sentiment amongst Singapore property players improves in Q2
The current sentiment index rose to 4.8.
NTUC to form new Platform Work Associations for enhanced worker support
It will form the associations once Parliament passes the Platform Workers Bill.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform