News
Manulife REIT shareholders greenlight recapitalisation plan
Manulife REIT shareholders greenlight recapitalisation plan
The shareholders voted on the proposed plan on 14 December.
ST Engineering unit bags contract to upgrade Formidable-class frigates of MINDEF
The company expects to complete the upgrade of the first frigate in 2028.
BSL shareholders vote in favour of acquiring Boustead Projects’ shares from Wong Fong Fui
The shareholders also approved the acquisition of the shares from Wong’s children.
Christopher Albrecht takes seat as Sun Life S’pore’s CEO
Albrecht will lead the strategic and operational aspects of Sun Life Singapore's business.
Dasin Retail Trust to hold EGM on internalisation of the trustee-manager
Fifteen investors have proposed to remove Dasin Retail Trust Management as trustee-manager of DRT.
Tee International to acquire signage specialist Carats&Co for $14m
The company will acquire all shares of Carats&Co in two tranches.
MPA seeks proposals for the implementation of end-to-end methanol bunkering solutions
The agency plans to begin methanol bunkering in 2025.
Has Singapore lost interest in crypto?
Singapore recorded a 4.12 crypto interest score.
Retrenchments rise to 4,110 in 3Q23
The Ministry of Manpower attributed the majority of the increase to the Wholesale Trade sector.
Urban Heat Island effect? Low-rise streets emerge as one of the hottest locations in Singapore
Experts suggest that Singapore needs to do more than add greenery to design for heat.
Softer price increases in new private homes, resale HDB flats seen next year
HDB resale price growth will likely slow to 4-5% in 2024.
Time-saving the top benefit of AI for Singaporean businesses: Zoom
Both employers and employees near unanimous in saying AI streamlines the workplace
Singapore joins Verra and Gold Standard to develop carbon crediting playbook
This initiative will accelerate the achievement of Nationally Determined Contributions.
ADB lowers 2023 inflation forecast for Singapore to 4.9%
From January to September, Singapore’s inflation rate rose by 5.1% on average.
Singapore Airlines, Marriott International boost partnership to offer more benefits to members
The partners will introduce “status match” to members of its lifestyle programmes.
Singapore Maritime Foundation unveils changes to its board
The organisation will welcome two new board members in 2024.
DCS Card Centre raises $300m in upsized asset-backed notes offering
DBS and First Plus Asset Management supported the transaction.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape