News

75% of IT leaders cite talent shortage as hindrance to cloud transformation

The dearth of IT talent has led companies to rely on external expertise.

MAS charges insurance agents for breach of Financial Advisers Act

Their offences included falsification and providing false information.

Market update: STI down at 0.95%

ThaiBev was the top-performing firm.

Industrial building at 1 Ang Mo Kio Street 63 on sale for $27m

The three-storey building has a large loading area and car park.

Singapore fintech talents record 2nd highest turnover rate globally: study

Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.

Hong Leong Finance to launch all-in-one payment app HLF FASTPAY

The e-wallet comes with a virtual Visa Prepaid Card.

Tech-focused talents tops demand in Singapore’s financial sector

More than 3,000 tech-focused jobs are expected in 2022.

MAS committee lists 3 recommendations on adjustment spreads for Legacy SOR contracts 

The recommendation covers SOR contras that remain outstanding after 31 December 2024.

First REIT mulls divestment of Siloam Hospitals Surabaya for $40.9m

The agreed property value translates to a capital gain of 143.2%

Far East Hospitality jumps to ‘Kangaroo route’ with 2 new Australian brands

To do this, the firm will rebrand two of its existing properties.

SIA Group cuts net loss to $962.0m in FY21/22

In FY20/21, the airline's net loss was $4.27b.

Market update: STI up 1.01%

Yangzijiang Shipbuilding was at the helm of the index.