Singapore
Keppel's net profit rises in 1Q24, fueled by key sectors
Keppel's net profit rises in 1Q24, fueled by key sectors
With legacy offshore and marine assets factored in, net profit dipped YoY.
FCT's net property income declines 8.4% YoY amidst asset changes
With lower NPI, FCT also recorded a decline in its DPU.
Ren Yuanlin steps in as Yangzijiang Financial CEO
He will succeed Teo Teow Heng.
OKP unit bags $92.9M contract for new cycling path networks
The unit expects to complete the project by 2025.
Mama Shelter Singapore hits market for $195m
CBRE is selling the asset via an EOI exercise.
Prime office rents rise 3.4% in 1Q24
Knight Frank said rent rates could stabilise in the second half of 2024.
Singapore leads the world in elite value creation
The country stands out with its corruption control, amongst others.
Singapore SMEs’ cyber risk awareness declines: report
Fewer SMEs were affected by cyber events this year.
Sustainability and agrifood sectors fuel Singapore startup growth
The verticals closed 16 and 13 deals, respectively, in 2023.
Incoming PM Wong garners broad confidence across all age groups
Gen Zs (41%) and Baby Boomers (43%) hold high expectations for Wong.
Daily Markets Briefing: STI up 0.62%; Top stock is DBS
DBS is the top despite a 0.693% decrease.
Cladtek Holdings secures win at SBR National Business Awards 2024
Its iN-Shield initiative is built on the 9 competencies with the best practices on the market that optimises the processes.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
Sentosa Development Corporation develops platform to facilitate seamless systems integration
Its One Sentosa Platform harnesses advanced microservice technology that streamlines data sharing and brings cost savings.
BRC Asia buys 19.1% stake in Angkasa for $16.1M
Post acquisition, BRC will own a 19.1% stake in Angkasa.
Low inflation in Singapore unlikely to hold in 2Q24
In March, inflation fell to 2.7%.
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