Staff Reporter
GuocoLand unit sells stake in Eco World International for $61m
GuocoLand unit sells stake in Eco World International for $61m
The subsidiary held a 27% stake in Eco World International.
SIA Engineering's net profit soars 30.7% YoY to $97.1m in FY23/24
Increased demand for MRO propelled the increase.
Mapletree Logistics Trust divests Tuas property for $10.5m
It sold the 25-year-old property above valuation.
Keppel unit divests shares in Dyna-Mac for $100m
The subsidiary had 23.91% shares in Dyna-Mac.
Frasers Property profits plunge 74.6% YoY in 1H24
The company attributed its lower profit to UK impairments.
Italian insurance-financial firm opens office in Singapore
The lion city is Italy's largest export goods destination in the region.
Less experience, more AI knowledge wins jobs
Seven in ten companies are reluctant to hire individuals without AI skills.
Softer demand to slow rental and price growth for factories
In 1Q24, rental indices saw single-digit increases.
Daily Markets Briefing: STI down 0.61%; Top stock is Hongkong Land USD
Hongkong Land USD is the top stock with a 2.45% increase.
FLCT debt management, expansion to stay prudent in next 2 years: S&P
Credit rating upgrade unlikely in the next 12 to 24 months.
Strata office sales up 11% in Q1 as Singapore attracts wealthy
Higher interest rates kept prices in check.
Wiseasy Technology earns a win in the Payments category at the SBR National Business Awards 2024
Wiseasy's WiseQ Mobile Payment Solution is shaping the future of the QR payments landscape for businesses, designed to prevent fraud and inefficiency, and ultimately, to serve an even bigger purpose.
Tan Tock Seng Hospital introduces flexible working shifts for nurses
The initiative allows nurses to have a mix of routine and flexible shifts.
UOB grants 30,400 shares to eligible non-executive directors
The share awards are part of the directors’ remuneration for 2023.
Riverstone logs 54.5% YoY net profit growth in Q124
This marks the fifth consecutive quarter of growth for the company.
OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76
Higher wealth management and insurance income pushed up fee income.
Marina Bay Sands, UOB, and STB partner to boost Marina Bay precinct
It aims to elevate Marina Bay’s status as a top lifestyle and business hub.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
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