Singapore
SIA Group passengers rise by 2.5% as travel recovery persists
SIA Group passengers rise by 2.5% as travel recovery persists
The total passenger in September stood at 2.1 million.
Logistics sector is seen to generate yearly VA growth of $6.9b by 2025: Gov't
This will be through efforts of Industry Transformation Maps.
Gov't to increase partnerships between SMEs, international aerospace firms
The government is backing small and medium-sized enterprises' global performance.
Chart of the day: ATM frequenters are keen on using mobile banking
Trust is amongst key considerations for customers to switch to mobile banking.
Market update: STI down 0.61%; Thai Beverage is top stock
Thai Beverage is the top stock with 3.54% gains.
New home sales more than double in September
This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok.
Sembcorp unit gets investment licence to develop 293.7-ha. industrial park in Vietnam
The 293.7-hectare industrial park is located in Can Tho City.
Nearly 70% of Singaporeans remain interested and invested in SG’s market
Most are invested in SGX, ETFs, and REITs.
IKEA revenue in Singapore grows 6.5% YoY to $392m in FY2022
Workspaces and Bedroom furniture were the top earning categories.
Keppel to deploy four rigs in Saudi Arabia
The rigs are expected to generate a revenue of about $250m in the next 3-5 years.
Five-storey office building with 999-year tenure up for sale
The indicative price for the property is $120m.
Exports growth slows to 3.1% in September
This is down from the 11.4% growth in August 2022.
Headline inflation expectation rises to 4.6% in September: DBS, SMU
This is the highest recorded expectation since December 2011.
ABS unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark.
Is humour the best medicine vs stress at work? Majority says it is
Nearly seven in 10 workers said jokes can reduce burnout.
Talent availability emerges as a top concern amongst senior executives
Only 30% of organisations are prepared to respond to a dearth of talent.
Chart of the day: Bigger ECs fetches bigger profits when resold
At least 1,600 sqft yielding an average gross profit of S$455,207 each.
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