Singapore
Oxley fully redeems $133m due 2024
Oxley fully redeems $133m due 2024
The company has redeemed over $1b worth of notes since November 2019.
SGX mandates delisting of YuuZoo Networks Group
Based on public records, the company is “dissolved."
Singapore banks are phasing out OTPs for logins
Banks will instead use digital tokens to authenticate bank account login attempts.
Winking Studios completes proposed 108,000,000 share placement
It increases the total number of issued and paid-up shares from 279,698,275 to 387,698,275.
78% of Singapore’s large listed companies advance in climate reporting
Nearly all companies have established roles or committees to manage climate risks and opportunities.
Mercure Singapore Bugis taps Dino Lim as new general manager
Lim was formerly the general manager of Momentus Hospitality.
Analysts keep a bright outlook for retail
RHB sees retail sales rising 2% YoY in 2024.
Singapore stays ahead of Southeast Asian peers in FDI despite Q1 dip: McKinsey
FDIs fell 3.8% YoY.
Singapore IPOs slip in H1
Despite the dismal showing, five Singapore-based firms made their US debut.
School holidays, BTO slow down HDB resale activity in June
More million-dollar transactions drove prices higher.
Take-up in Sora seen boosting July home sales
Sora fetched an average price of $2,160 psf during its launch weekend.
Majority of companies experienced cyberattacks, looks to new tech for solutions: report
AI, cloud and zero trust strategies sought by companies to bolster security.
Architecture, medical technician and childcare post strong growth in job postings: report
Job postings decline sharply in hospitality, tourism, pharmacy and personal care.
Singapore's climate reporting rises, but net-zero commitments lag
Climate reporting efforts began for 96% of issuers in FY 2023.
Singapore tops SEA fintech funding in H1 with US$518M
The city accounts for 58% of SEA's total funds raised.
Daily Markets Briefing: STI down 0.19%; Top stock is DBS
DBS is the top stock despite a 0.641% decrease.
Singtel and SK Telecom team up to advance 6G
The two will explore the use of AI and orchestration tools, amongst others.
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