Singapore
Fullerton sells 1.21 million shares in ST Engineering for $5.65m
Fullerton sells 1.21 million shares in ST Engineering for $5.65m
Post divestment, Fullerton's interest stood at 0.1713%.
Sellers to slash Thomson View reserve price to $808m
The previous price was $918m.
Frasers Hospitality REIT Australia unit sees tax rate rise to 37.5%
With the higher tax, the unit expects a $1.3m drop in distributable income for FY2024.
Lee Keen Whye steps down as Santak Holdings board chair
He will leave the company after its GM on 30 October.
SGX securities trading turnover hits $30.4b, up 75% YoY
The bourse attributed its gains to the easing of monetary policies.
HDB issues $500m notes due 2034 at a 2.699% fixed rate
The notes are payable semi-annually in arrears.
HDB offers 8,573 flats under new classification framework in October BTO
These flats will make up over 40% of HDB’s new flat supply in 2024.
Trek Technology to acquire 20% stake in China Chips Star Semiconductors
The chip company recorded $4.44m in revenue with net assets of $4.11m.
New HSBC plan multiplies coverage up to six times
The plan also offers enhanced critical illness coverage.
S’pore and South Korea to elevate bilateral relationship to strategic partnership by 2025
PM Wong made the announcement in a joint press conference with President Yoon Suk Yeol.
Nearly half of employers hesitant to hire individuals with mental health conditions
67% noted that non-disclosure practices are the main reason.
Bank of Singapore winds down Luxembourg operations
It has pivoted its focus on deepening its UK presence and has named a new general manager.
Sevens Atelier and AIPL ink exclusive deal for real estate collaboration
The partners will refer business opportunities to each other.
DBS partners with IRAS to provide individual and corporate taxpayers with eGIRO
The eGIRO service aims to benefit two million GIRO users in Singapore.
Digital Core REIT secures $935m in loan facilities
It will primarily refinance the existing $917m term loan and multicurrency revolving credit facilities.
Noontalk Media enters $2m interest-free loan deal with CEO Dasmond Koh
The loan shall be repaid in full at any point on or after 1 July 2026.
EMA, KETEP expand deal on advancing energy technology
This will boost Singapore’s efforts to decarbonise its power system.
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