News
United Overseas Insurance’s profit more than doubles in 9M23
United Overseas Insurance’s profit more than doubles in 9M23
Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.
Singapore to launch largest vehicle-to-grid test
The feasibility study will start in November in the Punggol region.
HK-based private equity firm to acquire Luye Medical's health units in Singapore
Templewater will acquire an oncology and a cardiology group from Luye Medical.
Singapore Tourism Board, Trip.com extends partnership for 3 years
The parties will collaborate to boost inbound travel to Singapore.
Three key areas to prioritise to enhance energy systems
The highly complex energy transition carries significant uncertainties.
SLNG to develop and operate a second LNG terminal in Singapore
The terminal will have a gas supply capacity of up to 5 million tonnes per annum.
Far East Hospitality Trust's net property income soars to $28.1m in 3Q23
The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.
City Energy, Gentari to explore Malaysia-Singapore hydrogen pipeline
The parties will conduct the feasibility study over 12 months.
LHN obtains in-principle approval to transfer to SGX Mainboard
The approval is subject to compliance with several requirements.
Tuan Sing Holdings prices $150m notes at 7.50%
The notes are due in 2027.
FCT's net property income rises 1.1% YoY to $129.6m in 2H23
Despite the increase, it reported a 1.2% YoY lower DPU of $0.06020.
Why are accounting and finance professionals in SG leaving their employers?
A quarter (25%) of professionals plan to leave their employers in the next 12 months.
MAS to keep its policy unchanged in January 2024: experts
The prediction comes on the back of core inflation’s continued moderating trajectory.
MAS proposes fund management regulation shake-up with new framework
If approved, the existing RFMC regime will be repealed.
Singapore yet to decide on nuclear energy deployment
The government, however, is studying advanced and safer nuclear technologies such as small modular reactors.
OCBC rolls out generative AI chatbot for employees, amongst world’s first
Over 4 million decisions in the bank are made by AI daily, OCBC shared.
QR payment app users to grow 26% by 2025
As of July 2023, there are already 96,700 QR payment users in SG.
Commentary
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