News
41% of Singaporean business leaders skeptical about their financial data: survey
41% of Singaporean business leaders skeptical about their financial data: survey
Manual processes and human error are mainly to blame.
LTA awards $480m contract for design and construction of Maju station, tunnels under CRL2
KTC Civil Engineering & Construction bagged the civil contract.
MPA welcomes 3 new board members
They will serve the agency for three years.
IREIT divests office asset in Barcelona for $35.5m
The sale price was 6.1% above the property’s latest valuation.
SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24
Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.
CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab
The review ensures that the acquisition will not raise competition concerns.
AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24
Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.
Retrenchments soar to 14,320 in 2023
Business re-organisation or restructuring remained the top reason for retrenchments last year.
Average price of freehold shophouses jumps 10.1% YoY in 2023
The average price reflects a total transaction sales value of $948.0m.
Daily Markets Briefing: STI up 0.15%; Top stock is DBS
DBS is the top stock with a 0.189% increase.
Study shows 1 in 2 financially savvy Singaporeans own crypto, bullish on its future
High risk and volatility are some of the top concerns deterring non-crypto users.
Leong Wei Hung to take the helm as CEO of Singapore LNG Corporation
He will begin his tenure on 7 April.
Singapore LNG Corporation (SLNG) has named Leong Wei Hung as its new Chief Executive Officer.
Seatrium unveils Singapore’s first membrane LNG bunker vessel
The vessel is set to commence operations in February 2024.
‘No transactions currently contemplated’: Singtel refutes reports of Optus’ enterprise unit sell-off
Optus is a wholly-owned subsidiary of Singtel.
Zora Health bags $1m funding to launch a fertility care platform
The platform will offer services including egg freezing, in-vitro fertilisation, and fertility testing.
RHT Health Trust delists from SGX-ST
It took effect on 31 January, 9 am.
CapitaLand Malaysia Trust NPI surges 42.6% YoY in 2023
Its gross revenue also saw a 43.4% increase during the period.
Commentary
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