News
NetLink NBN profit climbs 19.7% YoY to $109.3m in FY23
NetLink NBN profit climbs 19.7% YoY to $109.3m in FY23
Its 5.24 Singapore cents DPU is the highest the Trustee-Manager distributed since listing.
Sembcorp to build $900m multi-utilities centre in Jurong Island
It will have a 600MW hydrogen-ready power plant, developed by Mitsubishi Power and Jurong Engineering.
Singapore named eighth fastest-growing UHNW market
It had the highest net individual wealth in Asia, at S$4.7m.
Soon Hock secures Tampines North Drive 4 plot for $113.89m
The site was launched for tender on 31 January, with Soon Hock
Two-storey attic shophouse within City Hall for sale
The expression of interest ends on 21 June 2023 at 3 pm.
Singapore, Bhutan ink MOU for carbon credits partnership
They will sign an agreement for the international transfer of carbon credits.
Grab's revenue more than doubles to $525m in Q1
The company's loss for the period recovered 43% YoY to $250m.
MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments
Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.
LG Ad Solutions, Tyroo ink deal to market CTV ad solutions in SG, other SEA markets
The CTV solutions are available on more than four million LG Smart TVs.
More than half of SG households have changed their grocery-buying habits
Forty-two per cent said they now have a lower budget for groceries.
8 in 10 job seekers want employers with seamless digital recruitment process
Some will even put off working for a company that doesn’t provide such experience.
Daily Markets Briefing: STI up by 0.27%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding was the most active stock with a 3.20% growth.
ST Engineering, SF Airlines launch $19m aerospace JV in China
The joint venture will provide an MRO facility in Hubei's Ezhou Huahu Airport.
Only 30% of Singaporeans trust financial institutions, amongst the lowest in the region
In Hong Kong, Australia, and Singapore, less than half of the customers express trust in their banks.
3 ways SG can benefit from rising interest from Central and Eastern Europe consumers
Singapore is the third most trusted market of consumers in central and eastern Europe.
Physical stores vs e-commerce: Which do Singaporeans prefer?
Over half of Singaporeans want to shop in-store and finish online, or vice versa.
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Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.