Singapore
9 out of 10 biz leaders want decarbonisation progress tied with executive pay
9 out of 10 biz leaders want decarbonisation progress tied with executive pay
CEOs, COOs, and CSOs usually lead a firm’s decarbonisation strategy.
Industrial leasing volume rebounds in Q1
Volume increased by 2.5% YoY to 3,229 tenancies.
Economic challenges, new supply to drag private residential rents in H2
Savills observed that the pace of rent increase has slowed in Q1, at 7.2% QoQ.
MoM unveils Jobs Transformation Map for the hotel industry
The job framework would help the hotels and their workers to be future-ready.
NetLink NBN profit climbs 19.7% YoY to $109.3m in FY23
Its 5.24 Singapore cents DPU is the highest the Trustee-Manager distributed since listing.
Sembcorp to build $900m multi-utilities centre in Jurong Island
It will have a 600MW hydrogen-ready power plant, developed by Mitsubishi Power and Jurong Engineering.
Singapore named eighth fastest-growing UHNW market
It had the highest net individual wealth in Asia, at S$4.7m.
Soon Hock secures Tampines North Drive 4 plot for $113.89m
The site was launched for tender on 31 January, with Soon Hock
Two-storey attic shophouse within City Hall for sale
The expression of interest ends on 21 June 2023 at 3 pm.
Singapore, Bhutan ink MOU for carbon credits partnership
They will sign an agreement for the international transfer of carbon credits.
Grab's revenue more than doubles to $525m in Q1
The company's loss for the period recovered 43% YoY to $250m.
MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments
Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.
NODX decline likely to continue for a few more months
Experts predict that NODX will contract by -5.5% to -9% in 2023.
More than half of SG households have changed their grocery-buying habits
Forty-two per cent said they now have a lower budget for groceries.
8 in 10 job seekers want employers with seamless digital recruitment process
Some will even put off working for a company that doesn’t provide such experience.
Daily Markets Briefing: STI up by 0.27%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding was the most active stock with a 3.20% growth.
ST Engineering, SF Airlines launch $19m aerospace JV in China
The joint venture will provide an MRO facility in Hubei's Ezhou Huahu Airport.
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