Singapore
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
This proposed extraction does not align with the representations made to MCCY.
Law increases shared parental and mandatory paternity leave
It will start on 1 April 2025.
GP Industries’ profit rises by almost 63% YoY in H1
Revenue increases were seen in its battery and audio businesses.
Sembcorp signs deal for hydrogen pipeline linking Indonesia and Singapore
Hydrogen may soon be transported between the two countries.
Customer service seen as key to telco loyalty, study finds
Five in 10 users will switch providers due to poor customer service.
CPFIS funds' annual returns rise to 14.71% in Q3
Its quarterly average return, however, fell to 2.54% from 3.11% in Q2.
MSME share in Singapore e-commerce exports set to decline despite growth by 2028
Its share of revenues is expected to decline to 43% from 45%.
Singapore companies' AI readiness unchanged amidst lack of skilled talent: report
Notably, 18% of companies plan to increase AI funding to over 40% of the budget in the next years.
Financial controllers embrace AI but lack support for value creation
8% lack staff, and 13% lack budgets to shift to value-creating roles
Non-landed homes leasing volume climbs 24.4% QoQ in Q3
Attractive rents and new supply supported the overall lease volume growth.
Singapore commits US$500m to boost Asia’s green and transition projects
The government will also examine strategies for advancing carbon markets.
Bukit Sembawang's net profit soars 149% in H1
Earnings per share stood at $0.24.
A*STAR IDL and Institut Pasteur team up to combat tropical infectious diseases
The partnership will focus on three key areas.
Animoca Brands secures additional $13m funding for Mocaverse
The company will utilise this to accelerate Web3 mass adoption.
Cortina Holdings net profit down 8.6% YoY in H1
The company said this was due to increased operating expenses.
Econ Healthcare profit soars 96.3% YoY in H1
Interim dividend stood at 0.48 cents per ordinary share.
Hyphens Pharma's Q3 net profit falls to $2m
Meanwhile, revenue rose thanks to stronger sales in Singapore and Malaysia.
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Commentary
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