News
Oiltek promotes its financial controller to CFO
Oiltek promotes its financial controller to CFO
Goh Chee Yong was recommended by the audit and risk committee and the CEO.
SATS sells 49.0% SERVAIR-SATS stake to Gate Gourmet
SATS sold 509,600 or $6.14m.
Fu Yu’s FY2024 revenue up 0.5% YoY
Gross profit rose 27.8% YoY.
Cordife Group taps Chen Xiaoling as new group CEO
Chen was also appointed as Singapore CEO.
OCBC offers $900m to delist Great Eastern Holdings
The exit offer price is final.
Paragon REIT delists from SGX-Mainboard
The delisting took effect on 6 June.
Singapore CFOs struggle to embed ESG into finance
Southeast Asia is falling behind on ESG.
Long weekends drive short-stay travel across Asia: report
Accommodation searches rose 80% MoM over Hari Raya long weekend.
Gov’t acquires land from Malaysia for Woodlands Checkpoint extension
The expansion will take place in phases over the next 10 to 15 years.
Insurtech bolttech closes $147m series C funding round
Sumitomo Corp also entered into a JV with bolttech for embedded insurance.
ThaiBev launches US$2b multicurrency debt issuance programme
Net proceeds will be used for general corporate purposes
Singapore to strengthen collaboration on sustainability with PH
The two states agreed to expand collaboration in renewable energy, including solar and wind.
SIAS urges shareholders to await IFA opinion on Singapore Paincare offer
Shareholders may gain less if they sell before the IFA’s advice.
IOI Properties acquires CDL’s stake in South Beach for $834.2m
The deal values the South Beach project at $2.75b.
54% of Singaporeans show more loyalty to socially responsible brands: report
58% of both Millennials and Gen Z shoppers in Singapore are especially responsive to brands with a clear social impact focus.
Six in 10 shoppers abandon purchases over slow checkout
56% would walk away if their preferred payment method isn’t offered.
More than 30% of consumers are increasingly driven by social media trends: report
Singapore consumers say social media trends influence their buying decisions.
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Commentary
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