Singapore
Lakepoint Condominium’s tender closes with no bids
Lakepoint Condominium’s tender closes with no bids
It was relaunched for collective sale with a reserve price of $640m.
Yangzijiang Financial Holding puts up $200m share buy-back programme
It will increase shareholders’ value and improve return on equity.
Investors reduce exposure to US markets in May: broker
TD Ameritrade said its clients' score in the Investor Movement Index dropped to 5.74.
How Singapore can resolve economic barriers, uncertainties: MTI
It must invest in open trade, manage inflation, and reach climate goals.
Over 1,000 eco-friendly aviation fuel credits to roll out in July
The credits are expected to cut carbon emissions by 2,500 tonnes.
SG-based Capital C Corporation bags $74min fresh funds
The firm was founded by brothers Jeames Cheow and JJohn Cheow in 2011.
New electric car registrations rose more than twice the rate in 2021
It accounted for 8.4% of all new car registrations.
Adisseo Asia Pacific Pte Ltd’s Biorisk garners agriculture accolade in SBR International Business Awards
The company launched digital biosecurity and audits, decreasing the risk of disease entering and spreading within the farms and predicting outbreaks caused by unintentional and unaware human movements.
Nearly 9 in 10 shoppers are willing to pay more for sustainable products
Most shoppers expect the government to lead sustainability efforts.
How single-family offices are dodging 4 disruptions hitting them
Amongst these disruptions include cyber breaches.
Chart of the day: Private residential supply in H2 2022 highest since 2018
However, it remains below the average supply of 9,000 units 10 years ago.
Market update: STI down at 0.2%
SATS logged the highest growth.
Experts expect economy to grow 4.8% in Q2
The full-year growth forecast was lowered to 3.8% from 4%.
MHC Asia Group wins SBR’s Technology Excellence Award for its telehealth dorms project
Singapore’s leading health technology company built teleconsult kiosks with integrated IoT devices during the height of the COVID-19 pandemic.
ADDX accepts crypto assets of accredited investors
It is the first financial institution to do so in Singapore.
'Sandwich gen' has knowledge gaps in intergenerational wealth transfer
They also do not have enough knowledge of succession planning.
Nearly 6 in 10 Singaporeans rate employers as ‘average’ in upholding values
The majority of workers find the values of the company as important.
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