News
Metaverse could generate up to $5t by 2030: McKinsey
Metaverse could generate up to $5t by 2030: McKinsey
Adoption by the e-commerce industry will be the largest driver.
Conservation shophouse in District 1 launched for sale
It will be sold via private treaty.
Netlink NBN Trust's profit rises 11.3% YoY to $27.6m in Q123
The stronger profit was on the back of its higher revenue.
Keppel O&M acquires $3.9b FPSO vessel contract from Brazil oil firm
The vessel is targeted to be completed in over four years.
SIA Group's passenger traffic crosses 2 million mark in July
It's the airline's first time carrying over two million passengers since the pandemic.
SMF, shipping firms tie up to improve maritime jobs’ attractiveness
The roles of technical superintendent and vessel operator will be redesigned first.
SPH REIT adds three members to its board
The new members began their duty on 15 August.
ThaiBev and Frasers Property establishes a joint venture firm in Thailand
The two firms are currently eyeing an $84.27m investment deal.
Ascott Residences Trust reveals $150m private placement
It will benefit its stapled security holders.
Quiet developer sales expected in August due to Lunar 7th month
The market rebounded in July, increasing 70.9 month-on-month.
Chart of the day: OCR leads monthly private new home sales in July
Sales volume increased from 111 in June to 485.
Market update: STI declines 0.38%
Frasers Logistics & Commercial Trust is top gainer with 2.11%
Sri Trang Agro net profits plunged by 77.4% in Q2
The group’s revenue fell by 6.1%.
Ascott Residences Trust to acquire nine properties in five countries
The estimated costs of the acquisitions totaled $318.3m.
Golden Agri-Resources' net profit soars 154% YoY to US$390m in H122
The increase was driven by the continued appreciation of crude palm oil market prices.
Halcyon Agri's gross profit up 17.6% in H1 22
The firm recorded a gross profit of $117m (US$85.9m).
ESR Logos Reit appoints new chief financial officer
Don Kok Chew Meng has experience in finance in the past decade.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
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?