News
Daily Markets Briefing: STI down 0.26%; Top stock is ThaiBev
Daily Markets Briefing: STI down 0.26%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.92% increase.
EDPR and Microsoft partner on 20-year renewable energy deal
The tech company will purchase all energy exported from EDPR’s SolarNova 8 project.
Silverlake Axis plans to go private with $0.36 per share offer
Shareholders can opt to receive $0.30 in cash and one new redeemable preference share in E21.
Lok Yang Way site up for sale via tender
The tender will close on 22 October at 11 am.
Singapore simplifies REIT leverage rules for growth flexibility
New leverage requirements align Singapore REITs with APAC markets.
Singapore to offer up to $6,000 in aid for unemployed under new scheme
The scheme will be launched in April 2025.
SGX RegCo mandates delisting of Dragon Group
It will leave the bourse on 9 September.
SeaTown closes private credit fund with US$1.3b
The fund was launched at the end of 2022.
Singapore joins group of highly transparent commercial real estate markets
Globally, it ranked 13th in market transparency.
HSA revokes licence of retailer for e-vaporiser violations
It seized over 120 e-vaporisers from the retailers.
Singapore ranks second globally for millionaire population density
There are 4,305 millionaires per 100,000 people in the city.
Keppel Infrastructure Trust to raise $200m through private placement
It will issue 456.6 million units.
Great Eastern backs MoH's pre-planning initiative with new legacy programme
This makes the insurer the first one to support the pre-planning campaign.
Wing Tai falls into the red in FY 2024 with $78.7m net loss
Lower revenue and operating profit drove the decline.
5-storey commercial building at 49 & 53 New Bridge Road on sale via tender
The tender will close on 8 October.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
IPOS partners with various firms to raise IP awareness in Singapore
In Singapore, workers in IPR-intensive jobs are paid 9.2% more than those in non-IP-intensive jobs.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation