Singapore
MAS to set expectations on credible transition planning
MAS to set expectations on credible transition planning
The guidance will cover FIs governance frameworks in managing climate-related financial risks.
IMDA launches sustainability standards for data centres in tropical markets
This will support increasing the operating DC temperature to 26 Degrees Celcius and above.
Singapore rolls out AI Verify Foundation
This will support the development of AI for the use of global firms and regulators.
HDB resale prices up by 0.3% MoM in May
Year-on-year, overall prices increased by 7.7%.
McCormick & Company takes home SBR International Business Awards for food manufacturing solutions
McCormick’s spicy flavour-inspired products were eventually turned into permanent items on their customer’s menus due to overwhelming popularity and high sales volume.
Keppel Infrastructure Trust taps Kevin Neo as Deputy CEO of trustee-manager
Neo will then take on the CEO post on 1 October.
Circle Singapore secures MPI license from MAS
The company can now provide digital payment token services, cross-border money transfers, amongst others services.
Shophouse at 22 Temple Street up for sale
The property has a floor area of 3,423 square feet.
MUST’s fifth-largest tenant terminates lease at 500 Plaza Drive in New Jersey
The tenant has already paid MUST a termination fee of US$4m.
What are Singaporeans’ top preferred work benefits?
Workplace perks have become more significant for six in 10 employees in Singapore.
9 of 10 Singaporeans think cashless payments are most eco-friendly
This includes cards, mobile wallets and mobile banking.
5 technologies likely to drive change in the construction industry
Seven in 10 firms plan to increase spending on construction technologies.
Tech spending in Singapore to jump 4.6% in 2023 to $22.17b
Software will be the highest growth area in terms of spend.
Singapore’s Green Transition: Progress and Challenges
A report says SG has ‘insufficient’ renewable resources to meet energy demand by 2050.
Singapore is 5th most expensive location for expatriates
The Lion City jumped eight places in ECA’s cost of living rankings.
Yanlord Land presales up fivefold in May
Total contracted presales for the first five months of 2023 is 1.9% lower, however.
Singapore unveils plans for quantum-safe network infrastructure
Singtel, and a SPTel and SpeQtral partnership, have submitted proposals to become network operators.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia