Singapore
Credit card dominance in Singapore to wane by 2027 with digital wallet rise
Credit card dominance in Singapore to wane by 2027 with digital wallet rise
Digital wallets will dominate 50% of online transactions and credit card spending will fall to 32% in three years.
Daily Markets Briefing: STI down 0.08%; Top stock is SATS
SATS is the top stock with a 6.08% increase.
AI could improve up to 100% of key accountancy work functions: ISCA
About 72% of employers believe AI will be transformative for their businesses.
Can transferable skills training solve Singapore's healthcare manpower shortage?
Main challenges in employee training include staff shortages and high workloads and lack of incentives for upskilling.
Sabana REIT manager mulling proposed changes to EGM resolutions after court ruling
It is also seeking legal advice.
Oceanus and Shaoxing partners ink $37.2m deal to expand wine trade
Aside from wine, consumer goods like frozen meat will also be covered.
Etiqa SG unveils Tiq CashSaver for young families and adults
The minimum monthly savings amount starts at S$125.
Singapore Flyer operator Straco net profit soars 213.3% to $5.022m
The ride was in full operation in 1Q24.
IHH Healthcare posts record RM6b revenue in 1Q24
Revenue growth is credited to higher patient volume and complex cases.
Valuetronics FY24 profit up 29.8% despite double-digit revenue drop
Revenue fell 17.1% YoY to HK$1.7b (S$294.25m).
First hybrid system-powered LNG tug starts service in Singapore
The tug is equipped with mtu gas engines from Rolls Royce.
SATS returns to black with $56.4m FY24 profit
The airport service company credited its improved performance to record revenue.
Sentosa Development Corp unveils interactive sustainability showcase
This will be open until December 2024.
Mondelēz launches regional snacks lab and innovation kitchen in SG
It will be backed by over $5m investment.
Chasen incurs $6.57m loss in FY24
The company attributed the loss to the demolition of 18 Jalan Besut.
S'pore launches blueprint for AI digital transformation
It is expectd to benefit 50,000 small businesses.
Grand Venture Technology’s net profit soars 34.1% YoY in 1Q24
Modest life sciences growth tempered the profit increase.
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Commentary
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