News
Tax policy pulls Singapore down global competitiveness ranking
Tax policy pulls Singapore down global competitiveness ranking
Singapore slips to second place behind Switzerland in the IMD World Competitiveness Ranking.
Singapore banks introduce safeguard for large digital withdrawals
Accounts losing over 50% of balance may enter a 24-hour cool-off period.
Keppel-led consortium tapped for next phase of Jurong Island low-carbon ammonia project
A FEED study will be conducted for an ammonia power plant.
HDB resale prices up 4.8% YoY in September
Resale prices inched up 0.6% MoM.
OCBC launches upskilling programme for mortgage specialists
They can now advise home loan customers on investments and insurance.
Jardine Matheson’s Astra acquires majority stake in Indonesian industrial property firm MMP
Astra acquires 83.67% of MMP.
PMI edges up to 50.1 in September
New orders, new exports, and input purchases grew at a faster rate.
Tanjong Pagar office unit up for sale
It spans 5,425 square feet.
COTD: Singapore startup funding jumps 165.14% MoM in September
Early-stage startups (51.7%) held the largest share of funding.
Real estate investments up by 7.5% QoQ in Q3
Private sales took the bulk, totalling $6.3b.
Danny Leung steps up as MoneyHero CFO
Leung joined MoneyHero in 2024 as Group Director of Finance.
A*STAR launches Smart Manufacturing Joint Lab phase two
It will focus on advanced technologies for aftermarket services, amongst others.
GKE raises $8.53m to fund expansion
It will focus on its warehousing and logistics segment.
Daily Markets Briefing: STI up 0.38%; Top stock is ThaiBev
Thai Beverage Public Company Limited is the top stock with a 3.23% increase.
SIT and NVIDIA launch AI research centre at Punggol campus
The SNAIC also launched the SNAIC AI Programme in collaboration with IMDA under the TeSA initiative.
HSA, SMF unveil MedTech ecosystem to enhance regulatory readiness
SME Centre@SMF will offer services such as regulatory consultations, horizon scanning workshops, and whitepapers.
SGX sustainability gains tempered by Scope 3 uncertainty: report
RHB maintained its NEUTRAL rating on SGX, with a target price of $17.80, implying about 4% upside.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform