News

Singapore, FIT allies act to protect supply chains from Hormuz closure

A joint statement pledges to keep ports open and coordinate to mitigate energy risks.

Singapore’s net IIP rises to $1.4t in Q4

External assets outpaced the growth.

Information, communications tops retrenchment rate ranking

Finance and retail are also among the hardest hit.

Daily Markets Briefing: STI down 0.24%; Top stock is OCBC Bank

OCBC Bank is the top stock with a 1.57% increase.

Corporate productivity threatened as ‘quiet cracking’ fuels widespread employee disengagement

Employees show up, but internally struggle with job uncertainty and pressures.

Fitbit Singapore to wind up operations under voluntary liquidation

Creditors have until 8 April to submit their claims to the liquidators.

Six-storey 1 Chang Charn Road industrial building up for sale at $49m

The Leng Kee industrial building has a 31-year tenure.

Yeo Hiap Seng retrenches 25 staff following Malaysia production shift

The company will offer affected employees job placement, career guidance, and counselling.

LHN unit wraps up $100.9m Changi Business Park hotel strata lot transaction

Coliwoo subsidiary completed the deal through bank borrowings and IPO proceeds.

Adjoining strata shophouses on Dickson Road for sale at $9m

It has a guide price of about $3,733 per sq ft.

OCBC gold trades jump 60% after 28 February amidst Middle East conflict

First-time investors now make up 7% of the bank’s total precious metals base.

MAS flags risks in insurers’ private asset allocations and AIR

Allocations may include investments in private equity and credit.

CCS consults on commitments for SP Mobility–ChargEco acquisition

The conditions cover HDB carpark EV chargers in the East region.