News
Sri Trang Gloves closes subsidiary over recurring operational losses
Sri Trang Gloves closes subsidiary over recurring operational losses
Its subsidiary reported almost two years of net profit losses.
Marco Polo Marine H2 net profits surged nearly 77%
Growth was driven by its ship chartering and shipyard segments.
Singapore seeks reelection to IMO Council
The 33rd council assembly will discuss developing issues related to the maritime industry.
Daily Markets Briefing: STI declines 0.65%; DBS top stock
DBS is the top stock despite a 0.438% dip.
Young Singaporeans less optimistic in averting climate crisis
Only 41.3% of Singaporeans are optimistic in averting a climate disaster. This is 5.7% lower than the current global average.
Community and mental health wellness drive consumers to gym
Growing consumer emphasis on community engagement and mental health in their fitness journey is becoming a trend that is reshaping the industry.
SG companies to adjust finances amidst 1% GST increase
Singapore's Minister of Finance announced that the GST rate will be increased from 7% to 8% from January 1, 2023 and then from 8% to 9% from January 1, 2024.
Yangzijiang Financial to invest $1b outside China over next 5 years
The company plans to increase its investments outside China over the next five years to 50%.
50 Playfair Road sold for $81.8m
The property was hotly contested by end-users, investors and developers.
Elite REIT names new CFO
He will succeed Joel Cheah Zhuo Yue who resigned as CFO to pursue other opportunities.
MAS unveils responses for proposed regulation of DPT service providers
Regulations are expected to take effect in phases beginning mid-2024.
Singapore is 3rd in Asia with most unicorn startups: study
Singapore unicorn companies have an average valuation of $5.93b.
Gov't to require statutory boards to publish yearly sustainability disclosures
Nearly 100% of eligible SGX-listed firms disclosed climate reports.
3 in 10 S’poreans choose to travel solo: survey
Jetstar also revealed that most S’poreans prefer to travel in groups.
ThaiBev revenue up 2.5%, net profit slipped 10.9% in 2023
Sales in spirits and beer also saw a decline.
Mastercard, NTU launches new masters program on cybersecurity
The program is tailored for professionals seeking a spot in the cybersecurity space.
Everest builds Asia team with new S’pore CEO and a head of insurance
Swee Keong Mah will be the Singapore branch’s new CEO and will report to Tomi Latva-Kiskola, who has been appointed as head of Insurance Asia.
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
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices