News
Daily Markets Briefing: STI down 0.12%; Hongkong Land is top stock
Daily Markets Briefing: STI down 0.12%; Hongkong Land is top stock
Hongkong Land saw a 1.41% increase.
Singapore customers seek transparency amidst companies’ AI adoption growth
About 9 in 10 said they want to know whether they are speaking with AI or a human.
ST Engineering, Nutanix to enhance hybrid cloud competency in Singapore
They will develop a solution and a curriculum to train the country’s workforce.
CapitaLand Malaysia divests office property for around $15m
The divestment is expected to be completed by Q1 2024.
Int’l businesses target ASEAN for supply-chain connectivity versus consumer market
Growth in sales for the region is expected to climb 23.2% in the next 12 months.
OxPay receives licence to offer e-money and account issuance
The fintech said it won’t have any material impact on the group’s financial statement this year.
GSH terminates sale of office units at PLUS Singapore
The company has also forfeited the 10% deposit of $3.8m the buyer has paid.
OUE Healthcare details 3 factors behind Healthway Medical’s delisting from SGX-ST
The proposed conditional exit offer for HMC’s delisting is $0.048 per offer share.
MAS slaps former Goldman Sachs managing director with lifetime prohibition orders
Roger Ng was involved in the 1MDB financial scandal.
SATS adds Sustenir Group’s executive chairman to its board
Pier Sigismondi will serve as an independent non-executive director of SATS.
Retail sales climb 1.1% YoY in July
Month-on-month, sales improved by 0.6%.
Luxury apartment sales take a hit from ABSD rate hike
In 1H23, luxury apartments’ sales value dropped to $964.67m.
.
The ABSD rate hike in April led to the sales slump in the luxury apartments market.
Chart of the Day: Job postings drop 1.9% MoM in August
The recent drop left postings 17.6% lower than a year ago.
Daily Markets Briefing: STI down 0.37%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding recorded a 1.84% growth.
2-storey warehouse facility on Jalan Ahmad Ibrahim on sale for $50m
The property at 310 Jalan Ahmad Ibrahim has a potential built-up area of 564,761 square feet.
Evolving ESG: A New Paradigm for Success
The roundtable, titled "Building A More Sustainable Future: Operationalising ESG in the Enterprise," took place on August 23, 2023, at the Fairmont Hotel in Singapore.
EMA seeks new proposal to assess Singapore’s geothermal potential
Singapore is in a region of high subsurface heat flow which could have heat resources.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore