News
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Strata retail units at PLUS on market for $3.8m-$7.75m each
Foreigners can buy the units with no ABSD or SSD imposed.
SATS names ex-Cisco executive as chairman-designate
Outgoing chair Euleen Goh will be appointed as advisor to the chairman.
ST Telemedia GDC forms JV with VNG to develop data centres in Vietnam
The JV will facilitate the construction of a new data centre in Ho Chi Minh.
Seatrium bags FPSO integration contract from SBM Offshore
The company will commence work for the FPSO vessel in 3Q24.
Mooreast targets Taiwan's floating wind market with a new subsidiary
The company will fund the subsidiary internally.
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
Deepfake fears grip 8 in 10 consumers
Only 7% of Singaporeans, however, have encountered deepfake.
Daily Markets Briefing: STI down 0.71%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock despite a 11.67% decrease.
Developers still risk averse in bidding for Holland Drive site: experts
Holland Drive had three bids, compared to 15 offers received by neighbouring plot in 2018.
Consumer, tech firms dominate RHB’s top 20 small-cap companies: report
Taking the top spot was the sole telecom firm in the list.
HK-listed ESR Group receives privatisation proposal from investor group
The process is currently at the preliminary stage.
Singapore Tourism Board launches Legacy Toolkit for sustainable MICE events
The toolkit is designed to assist stakeholders through the “FIRM” framework.
14 Chancery Lane bungalow hits market
The property has a guide price of $43m.
Sandpiper Hotel up for sale for $33m
Expression of interest closes on 19 June 2024, at 3 pm.
Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24
The company's gross profit and EBITDA also declined.
Allozymes raises $20.25m to fund Europe expansion
Two new investors joined in this round of funding.
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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