Singapore
Elite Commercial REIT invests $22.7m to improve UK-occupied assets
Elite Commercial REIT invests $22.7m to improve UK-occupied assets
The asset enhancement works will take about three years.
Government to block certain Russian banks, financial transactions
It is also imposing export controls on items that can be used as weapons.
Dasvidanya! SIA suspends Moscow flights
There shall be no flights to the Russian capital starting 28 February.
Sembcorp Marine suffers net loss of $1.17b in FY2021
The group attributed this to supply chain constraints and cost provisions of $839m.
IMDA’s CTO-as-a-Service now open to all SMEs
CTO-as-a-Service has consultancy services that assist SMEs to shift to digital.
CapitaLand Development inks $1.3b deal to develop parks, towns in Vietnam
It includes the evaluation of 400-hectare greenfield sites in Bac Giang Province.
Setting the foundation for success in the commercial real estate sector in Singapore
Across Singapore, every industry has experienced fundamental transformation in the last two years – and the commercial real estate sector (CRE) is no exception.
UOB to facilitate $3.3b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
SG signs digital economy deal with UK
The agreement included cooperation on innovations like AI and fintech.
Sabana Industrial REIT bags $150m sustainability-linked loan from HSBC
It comprises a 4-year tranche of $75m and a 5-year tranche of $75m.
Yangzijiang Shipbuilding’s earnings jump 47% YoY to $1.19b in FY 2021
This is the shipbuilding group’s highest net profit since 2011.
Service industry business receipts grew 15.4% YoY in 2021
Meanwhile, on a QoQ basis, business receipts grew 7.2%.
MAS bans ex-OCBC representative for fraud and dishonesty
She has been handed a five-year prohibition order.
Hongkong Land joins initiative to limit temperature rise to 1.5°C
The campaign is spearheaded by the Science Based Targets initiative.
Hong Leong Asia’s earnings rise 28.6% YoY to $60.1m
With the increase, the bard proposed a final dividend of $0.02 per share.
Singapore banks’ asset quality to be hit by prolonged Ukraine invasion
Risks related to Russian energy exposure remain the biggest issue for global markets.
Market update: STI up 0.71%
Sembcorp Industries was seen with the most growth.
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