News

LTA needs $40m to extend the system running adult EZ-Link cards to 2030

The CBT system for adult commuters will reach end-of-life in 2024.

8 in 10 cybersecurity and IT professionals experience cyber burnout—survey

82% of Singapore respondents experienced increased of burnout in the last 12 months.

HDB doubles supply of Parenthood Provisional Housing Scheme flats

The agency increased the flat supply to 4,000 by 2025 from the current 2,000.

CICT posts 2.1% YoY higher income of $362.5m in 2H23

The REIT attributed the increase to its sound operational performance.

Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23

Despite higher income, the REIT declared a 9% YoY lower DPU.

Native Land appoints Chris Fossick as non-executive director

Fossick was formerly JLL Southeast Asia’s CEO.

Hong Lai Huat sells Cambodia properties for $50m

The properties will be sold into two separate sale and purchase agreements (SPAs).

Retail sales drop 0.4% YoY in December

Month-on-month, sales fell by 1.5%.

F&B sales growth eases to 0.3% in December

In November, F&B sales grew 1.6% YoY.

Daily Markets Briefing: STI down 1.54%; Top stock is DBS

DBS is the top stock despite a 1.148% decrease.

Singapore lags in AI integration despite consumer preference: study

AI bias in the city-state significantly more than the global average

Food delivery app drives digitalisation in F&B sector: report

Deliveroo estimated to have contributed $139m to the local economy.