Singapore
Daily Markets Briefing: STI declines by 0.2%; SGX is most active stock
Daily Markets Briefing: STI declines by 0.2%; SGX is most active stock
SATS was the top stock with a 1.68% growth.
Tech startup Mystifly concludes Pre Series B funding worth $8m
They will use the funding to extend their product's market reach.
Gogoro and C&C join forces with foodpanda for electric two-wheelers
Riders can use Gogoro’s smartscooters for a trial run.
Manufacturing output down 8.9% in February
Without biomedical manufacturing data, output declined nearly 5%.
UOB arranges NUS’ $340m 10-year green bond
It has a coupon rate of 3.268% and will be issued on 31 March 2023.
EnterpriseSG launches decarbonisation, sustainable finance courses
The new courses will begin this April.
Half a million Singaporeans participated in SkillsFuture programmes
The number is lower than in 2021 but higher than in 2019.
Mapletree Pan Asia Commercial Trust to issue $150m green notes
The issuance has a fixed rate of 4.25%.
CapitaLand Investment removed from Low Carbon Select 50 Capped Index
The index tracks 50-globally listed companies incorporated or based in Singapore.
Cromwell European Reit bags at least 50% pre-leasing commitment for Italy office
If the project remains on course, completion will be reached by December 2023.
BIS’ Project Nexus prototype links Singapore, Malaysia, and Eurosystem payment systems
This project is a multilateral network connecting multiple domestic instant payment systems.
SG snatches crown as top financial centre in APAC
It took over Hong Kong by one point.
Singapore ranks 8th in Schroders Global Cities Index
Amongst Asian markets, the Lion City placed first.
UOB CEO Wee Ee Cheong earned S$14.23m in 2023
His base salary remained the same.
Inflation eases to 6.3% in February
MTI attributed the moderation to lower private transportation inflation.
Industry and government leaders to discuss aviation risk safety after travel recovery
They will focus on addressing safety risks amidst air travel recovery and global shifts.
Chart of the Day: Top three main drivers of automation for fund managers
Nearly seven in 10 are inclined to use automation for fund distribution.
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