News
New semiconductor factory in Singapore to generate over 1,000 jobs
New semiconductor factory in Singapore to generate over 1,000 jobs
The US$2b factory is owned by Startup Silicon Box.
Ascott, GSTC ink deal to jointly train hospitality professionals on sustainability
The parties will facilitate over 700 hours of training in the last quarter of 2023.
Lian Beng warns of lower profits for FY23
The company’s subsidiary is expected to report a loss in 2H23.
Changi Airport’s passenger traffic crosses 5 million for the first in three years
The June 2023 record is 88% of the June 2019 level.
Yangzijiang Financial’s maritime fund invests over US$30m in 2 tankers
The fund invested in RT Star and OM Shanghai.
Tepid loan growth in the horizon for SG banks
Banks may face some backsliding in its bad loan ratio, S&P’s Ivan Tan warned.
9 in 10 employed Singaporean open to new work opportunities
59% of Singaporean employees are more likely to start a job search during perceived economic downturns.
SG records 2nd highest increase in prime residential rents globally
In 1H23, rents grew by 13.6%.
MAS imposes prohibition order against ex-Prudential rep for false invoices
Mengting submitted 11 false invoices to Prudential to aid her clients' accident injury claims.
Singapore, EU launch bilateral digital trade agreement negotiations
It will build on earlier digital partnership and digital trade principles signed earlier.
Sabana REIT to hold EGM on the removal of its manager
The REIT's unitholders will convene on 7 August.
Daily Markets Briefing: STI down 0.3%; Seatrium is top stock
Seatrium grew by 3.52%.
Keppel Land completes liquidation of subsidiary
Mansfield & Company is a dormant subsidiary of the real estate company.
Keppel acquires office tower in Seoul
It plans to upgrade the building’s facade and interior spaces.
Sabana Industrial REIT NPI inches up 0.5% YoY to $27.2m in H1
Its gross revenue was up 23.2% YoY to $55.3m.
Audit General's Office admits need to improve disbursement process
AGO acknowledges the need to improve the documentation of processes and risk assessments.
Singapore’s 1st hydrogen-ready cogeneration plant breaks ground
The Keppel Sakra Cogen Plant has a 600 megawatts capacity.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away