Singapore
Karim family acquires House of Tan Yeok Nee
Karim family acquires House of Tan Yeok Nee
The house was the sole survivor of the 19th century Four Houses.
Jardine Matheson’s underlying profit jumps 39% to $2.06b
Given this, the company proposed a final dividend of $2.24 per share.
Dairy Farm's underlying profit drops 62% to $142.7m
This is due to the impact of the reduction in the contribution from Yonghui.
Grab loses its grip with $1.1b loss for Q4
Around $3.6b total loss was recorded for FY2021.
4 of 10 Singaporeans eye travel in the next 3 months
A mix of domestic and international plans make up their plans.
'Who run the world': SG is the top SEA country with women CEOs
Southeast Asia has 17.1% of board seats held by women.
Chart of the Day: 1 in 2 SG employees actively looking for new job opportunities
Better salary packages and new challenges were cited as the main reasons for doing so.
Market update: STI up 0.47%
Wilmar International was seen with the most growth.
A new generation of UPS to power edge computing
Schneider Electric - Businesses in Singapore and the region are investing in distributed IT systems and turning to edge computing environments to support surging digitisation. As IT infrastructure moves from centralised data centres to branch offices or remote, unstaffed locations, the pressure is on to ensure that their current infrastructure can cope.
Meet your data centre sustainability goals with a better UPS
Schneider Electric - Around the world, colocation providers and enterprises are facing intense pressure to scale IT systems to meet surging digital demand. And with the growing awareness about sustainability, this demand must be met without compromising energy efficiency and corporate sustainability goals.
February PMI declines to 50.2
Seasonal factors, such as the Lunar New Year, may have affected the decline.
Should Singapore firms revamp employees’ healthcare benefits after Covid-19?
COVID-19 has disrupted the workplace permanently. Since the pandemic began two years ago, workers are getting more used to work-from-home or hybrid work arrangements.
More than 60% of older consumers still prefers in-store shopping
This is even as more Singaporeans purchase in-app.
The Future is Now: 5 advanced payment methods to adopt in 2022
Consumers want to do away with the cards and just pay with a wave of a hand, study shows.
Gov’t to collect additional 0.7% of GDP per year with GST rate hike
GST will be increased to 8% in 2023 and 9% in 2024.
MOF to strengthen business ecosystem in 2 areas
These are the corporate government regime and efficiency of processes.
Flexible workspace demand jumps 37%
Demand was driven by tech companies.
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