News
SIA Group's passenger volume rises 6.2% in October
SIA Group's passenger volume rises 6.2% in October
Its two airlines carried a total of 2.3 million passengers.
2nd Chance Properties sells Lucky Plaza units to Lew Foundation
It was sold for $13.39m.
ST Engineering unit bags $1.47b worth of tolling system contracts in New Jersey
The contracts will last beyond 10 years.
Keppel Infrastructure to acquire 49.4% interest in new JV with MET Group
The company will pay an aggregate amount of $42.6m for the acquisition.
Chart of the Day: BNPL gains traction in Singapore
Buy Now, Pay Later saw a 109% YoY download growth in H1 2022.
Home sales plunged record-low in October 2022: analyst
Only 312 units were sold whilst 102 units were launched.
Singapore underscores resilience but cautious amidst decoupling issues: Wong
The deputy prime minister said they encourage better diversification.
Sembcorp unveils new venture for carbon management solutions
It will offer one-stop access to renewable energy certificates and carbon credits.
ComfortDelGro’s PATMI rises 32.9% YoY to $34.3m
The increase was on the back of higher revenue.
Golden Agri more than doubles its net profit to US$675m in 9M22
This is likely due to its downstream business achieving its largest EBITDA growth.
Gov't supports wage increase, calls for adopting flexible wage system
MOM said that the government supports having differentiated wage guidelines.
Sembcorp Marine's net order book hits $7.11b
This consists of $6.80b of projects under execution.
Schneider Electric launches $110m Hub Asia
The new warehouse is expected to increase operational capacity by 30%.
HSBC Singapore opens new HQ
The new office will house 4,000 employees.
Around 2.9 million Singaporeans may get up to $200 cash payout
The government raised the Assurance Package by $1.4b.
Ming Arcade is up for sale via public tender
The freehold commercial site is located 50 meters away from Orchard Road.
Rents for modern high spec warehouses expected to rise in 2023
It will be underpinned by industries such as logistics and food.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections