News
Electronics industry to introduce 5,200 PMET jobs by 2025
Electronics industry to introduce 5,200 PMET jobs by 2025
DPM Heng said such will be possible under the refreshed Industry Transformation Map.
Precision engineering firms to see $10m-$500m revenue boost under refreshed ITM
To achieve this, support will be provided to growth companies that have sector-specific capabilities.
DBS offers SMEs up to S$300,000 financing with DBS Quick Finance
Customers can choose between an overdraft or a loan.
ASEAN and EU inks comprehensive air transport agreement
The transport minister said it will “establish a liberalised air services framework”.
CapitaLand Investment secures $4b in green funding in 2022
This was through 18 sustainable financing instruments.
Singapore and Vietnam powers commitment to energy transition with MoU
The agreement covers key areas such as R&D and low-carbon energy technologies.
OCBC reveal employee-run community farm in Central Business District
\It is expected to produce 140 kgs of vegetables annually.
SIA Group passengers rise by 2.5% as travel recovery persists
The total passenger in September stood at 2.1 million.
Logistics sector is seen to generate yearly VA growth of $6.9b by 2025: Gov't
This will be through efforts of Industry Transformation Maps.
Gov't to increase partnerships between SMEs, international aerospace firms
The government is backing small and medium-sized enterprises' global performance.
Chart of the day: ATM frequenters are keen on using mobile banking
Trust is amongst key considerations for customers to switch to mobile banking.
Market update: STI down 0.61%; Thai Beverage is top stock
Thai Beverage is the top stock with 3.54% gains.
New home sales more than double in September
This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok.
Sembcorp unit gets investment licence to develop 293.7-ha. industrial park in Vietnam
The 293.7-hectare industrial park is located in Can Tho City.
Nearly 70% of Singaporeans remain interested and invested in SG’s market
Most are invested in SGX, ETFs, and REITs.
IKEA revenue in Singapore grows 6.5% YoY to $392m in FY2022
Workspaces and Bedroom furniture were the top earning categories.
Keppel to deploy four rigs in Saudi Arabia
The rigs are expected to generate a revenue of about $250m in the next 3-5 years.
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