News
Almost half are likely to use ChatGPT for general searching
Almost half are likely to use ChatGPT for general searching
This includes searching for nutritional information on food.
Olam Group PATMI down 8.3% YoY to $629.1m in 2022
Its PATMI for H2 FY2022 declines by 24.5% YoY to $200m.
S-Reits posts 7.1% increase in returns in January: report
This is above STI’s 3.5% total returns.
Terra Hills sells 38% of units at launch
Units sold for an average price of more than $2,650 psf.
P-One (Tuas) Pte Ltd bags $2.6m tender for 25 Gul Drive site
The tender for the industrial site closed on 25 January.
No change in CPF interest rates for Q2 – HDB
Current interest rates will remain until 30 June.
Raffles Medical’s profit after tax soars 71.7% YoY to $143.7m in FY22
The company attributed the increase to the return of foreign patients.
Condo resale prices slip in January: report
This is the first time it declined in 28 months.
Wilmar CEO acquires additional 217,000 shares in the company
Kuok Khoon Hong acquired his additional stake at $3.93 per share.
Manufacturing output drops 2.7% YoY in January
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
Central bank may further tighten monetary policy in April: analysts
This is expected if core inflation does not moderate.
Chart of the Day: Majority has reservations when chatting with ChatGPT
Non-consensual data collection and misinformation are some of their worries.
Daily Markets Briefing: STI climbs by 0.53%; Keppel is most active stock
Keppel was the top stock with a 2.41% increase.
Cathay Pacific giving away 12,500 round-trip tickets to Hong Kong for Singapore residents
Launching 2 March, the prize will be awarded to the first 12,500 entrants who answer three questions correctly
ST Engineering group revenue surges 17.4% in FY2022
The group’s EBIT grew 9.1% despite reduction in government support.
Industrial property leasing volumes fall for first time in 11 years
Leasing of single- and multiple-use factory spaces slowed in Q4 2022.
Broker: Sembcorp Industries has ‘buy’ rating over manageable debt levels
Sembcorp Industries will also see a growth of mergers and acquisitions activity in 2023.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices