Staff Reporter
ESR Group names Brett Krause interim board chairman
ESR Group names Brett Krause interim board chairman
The group aims to appoint a new chairman by Q1 2025.
Dasin Retail Trust Management issues demand letter to minority directors over breach of duties
They must compensate DRTM for blocking an investment deal by a Chinese state-owned entity, amongst others.
ST Engineering and MAN team up for Singapore's zero-emission bus project
By 2030, the government plans to replace 6,000 buses with zero-emission models.
LTA to waive ERP administrative fees for payments settled within five-day grace period
Motorists missing the grace period will pay the $10 administrative fee
SG and Malaysia advance talks on Johor-Singapore SEZ agreement
Discussions between the two countries took place from 28 to 30 August in Johor.
6 in 10 Singaporeans say seller location will matter less by 2030
The shift reflects Singapore's expectation of a more borderless retail future.
Daily Markets Briefing: STI up 0.84%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 4.45% increase.
AIA, Singapore University of Social Sciences launch insurance minor
As part of the agreement, the insurer plans to upskill 100 of its employees.
Manufacturing and trade sectors show signs of recovery in August
The electronics segment is expected to boost the manufacturing sector in H2.
NETS taps DBS’ Jeremy Soo as new chairman
He will succeed Susan Hwee, who will assume the role of head of group retail at UOB.
ASL Marine net profit up 5% to $3.8m in FY2024
Earnings per share is 0.58 cents in FY2024.
Business sentiment amongst Singapore property players improves in Q2
The current sentiment index rose to 4.8.
NTUC to form new Platform Work Associations for enhanced worker support
It will form the associations once Parliament passes the Platform Workers Bill.
Aspen Group net profit stands at $11.5m in FY2024
However, their revenue decreased by 9% YoY.
SEEDS Capital seeks partners for co-investment in Singapore deep tech
It will set aside $150m to promote the co-investments.
Tan Chong posts HK$35.9m loss in H1 2024 as automotive sales drop sharply
It reversed its HK$126.9m net profit in H1 2023.
GuocoLand profit drops 38% to $129m in FY2024 amidst higher costs
It also reported lower basic earnings per share.
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