News
Maritime Week: MPA launches Maritime Transformation and Innovation Programme
Maritime experts from 15 countries will train participants of the MTIP.
Maritime Week: MPA launches SailMAP
The programme aims to incentivise seafarers for key career milestones.
7 in 10 businesses mull creating more green jobs in the next 12 months
The move is in support of the government’s green economy.
Market update: STI down 0.53%
ST Engineering logged the highest growth.
Leasing activity in industrial market up 4.9% YoY in Q1 2022: Knight Frank
Strata industrial space remained popular among businesses.
Keppel completes world’s first vessel to get ABS’ remote-control navigation
It is also the first tug in South Asia that can be operated via joystick control.
Ang Mo Kio block can still be optimised through SERS: OrangeTee
The site is located near a new MRT station.
Property investment volume drops 17.5% QoQ in Q1: C&W
On a yearly basis, investment volume increased by almost 40%.
Freehold property at Haig Road sold at $49.3m via collective sale
The 173-178 Haig Road (Odd Nos.) is composed of 24 units.
Unemployment rates back to pre-COVID levels: MoM
The overall rate fell to 2.1% in February.
After campaign, CapitaLand malls eCapitaVoucher sales grow by 135%
The “Spend and Win Big” campaign also generated 5.7 million views on CapitaStar app.
SATS invests $150m for hub on food production automation
The construction of the food hub is expected to be completed in 2024.
MAS transfers S$75b excess Official Foreign Reserves to government
This brings the stock OFR to around 95% of Singapore’s GDP.
Market Update: STI down at 0.55%
Sembcorp Industries dominated the index.
Singapore Maritime Foundation is first partner of UN maritime transition task force
The foundation will contribute to the task force’s first project in maritime.
CapitaLand Investment to issue notes valued at $400m under Euro programme
The fixed rate senior notes are due in 2027 with 3.33% interest per annum.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning