Singapore
Joo Chiat and Little India boutique hotels up for sale
Expression of interest will close on 7 October.
SIT opens new Punggol campus for academic year 2024
Students from two clusters are the first to experience the new campus.
Singaporeans face longer wait for financial freedom
Nearly half believe they will never be financially free.
F&B profits “erode” as customer pool stagnates
The number of new F&B establishments was unmatched by the growth of tourists and locals.
Singapore M&A deal activity drops 23.7%
Deal activity in Asia Pacific declined 9.9% overall.
Daily Markets Briefing: STI up 0.44%; Top stock is SATS
SATS is the top stock with a 2.00% increase.
Almost half of S'poreans want to work overseas, USA amongst top choice
They are focusing on USA, Canada, the UK, and Australia.
CPFIS funds record 9.69% average returns in Q2 2024
Investment-linked insurance policies (ILPs) recorded average returns of 9.68%.
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Pasture Holdings’ earnings rebound in FY 2024
The company has rebounded from a net loss of US$1.3m to a net profit of US$0.6m.
Keppel Pacific Oak US REIT taps Lawrence David Sperling as new chairman of the audit and risk committee
He will start his role on 23 August.
BRC Asia, LTC extends deadline of Angkasa ordinary shares acquisition
The new deadline is on 30 August.
Bukit Panjang's diverse housing options fit various buyer profiles: report
Private non-landed homes in Bukit Panjang range from $710,000 to $3.6m.
Where are the wealthy spending more?
A recent report shows that 68% of the affluent in Singapore and Hong Kong plan to spend more.
Economic optimism stronger among affluent Singaporeans
Seven in 10 of the affluent segment is more optimistic about local economic growth.
Daily Markets Briefing: STI up 0.22%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 4.86% increase.
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