News
ESR’s PATMI rises 9% YoY to US$655m in FY22
PATMI would have surged 24% YoY if not for the weakness of APAC currencies vs USD.
Transport minister wants new tech to address air traffic management
He said there will soon be a centre for flight safety to improve air traffic.
Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout
Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.
Chart of the Day: 10% of fund managers' businesses are still unautomated
Asset servicers are less likely to be manual than investment managers.
Write-off of CS AT1 securities no risk to SG banks: analyst
The strong corporate governance and risk management add bank confidence.
Daily Markets Briefing: STI up 1.61%; Mapletree PanAsia is most active stock
There were no losers in the stock market.
Flight Safety Foundation to launch aviation safety centre in Singapore
The centre will work on three key projects this year.
Schneider Electric to deploy over 20,000 EV chargers by 2030
The company has supplied 2,000 EV chargers as of December 2022.
Gov't mulls increasing portion of Shorter Waiting Time flats in overall supply
They plan to launch around 2,000 to 3,000 of such flats each year by 2025.
Island-wide retail vacancy drops to lowest point in 7 years
In Q4, the vacancy rate was 7.1%.
SG eyes enhancement of key food distribution facilities
This is part of the government’s measures to prepare SG for future pandemics.
Jetstar Group starts operations in Changi Airport T4
It will serve nearly 4,000 passengers on its first day.
Parry Avenue attracts healthcare providers amidst demand for private elderly care
A total of four bids were received with one tenderer putting in two bids.
Cybersecurity concern is biggest obstacle in sharing digital health data
Only two in ten Singaporeans are sharing their health data with doctors.
MoH to retain transitional care facilities
The government set up 500 TDF beds across five sites during the pandemic.
Number of retrenchment notices received by MoM exceeds 800
A quarter of the notices were from the information and communications sector.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform