News
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
Daily Markets Briefing: STI down 0.63%; YZJ most active stock
Jardine Matheson and Emperdor Inc. joined the top stock.
CIMB Singapore launches CIMB Bank Express
It uses chat bots, anamorphic displays, and interactive screens to support self-service banking.
Everbright Water-led consortium bags Jiangyin High-tech Plant development
The engineering, procurement, and construction cost around $41.6m.
Opnfi and actyv.ai Partners to Bring Embedded Finance Solutions for Businesses in South Asia, ASEAN & MEA
Opnfi’s B2B EmFi platform will facilitate orchestration between enterprise customers and financial services institutions.
Singapore Environment Council chief steps down
Jen Teo Pui Heng has resigned as Executive Director, effective 30 June.
CapitaLand India Trust issuing 141 million new units to raise S$150.1m
Issue price is at S$1.06 per unit, with opening date set on 30 June.
Singapore is 10th best city for digital nomads to live in: study
Average monthly cost of living is at $1,571 (£915.50).
Nitesh Gupta Joins Tyroo Technologies as CFO Bringing Over 20 Years of Global Finance Leadership Experience
Gupta’s remit is to drive financial excellence and growth throughout the Asia-Pacific region.
NODX records worse contraction in almost a decade
This is the eighth straight month of contraction.
SIA passenger numbers rise 41.7% in May
Budget arm Scoot saw its passenger numbers more than double.
What factors affect businesses’ strategies for employee benefits
Competition for talent and inflation concerns play a part in the benefits strategy.
Alibaba.com inks MOI with IMDA, EnterpriseSG to help SMEs export
A dedicated Singapore pavilion will be allotted on Alibaba.com’s homepage.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform