Singapore
Wilmar International’s net profit dwindles to US$1.5b in FY23
Wilmar International’s net profit dwindles to US$1.5b in FY23
The FY23 net profit was 36.5% lower than the FY22 record.
1.44 million travellers visited Singapore in January
The average length of stay dropped to just 3.45 days, from 4.32 days a year ago.
Prime US REIT’s distributable income slips 2.1% YoY to US$28.6m in 2H23
The REIT attributed the decline to higher finance costs.
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
UHREIT posts 7.6% YoY higher net property income in FY23
NPI for the period was US$50.7m.
Eileen Tan on digital transformation: Tap into available resources, adapt success cases to avoid trial and error
Embracing a growth mindset is essential for organisations to redefine their role and improve work efficiency.
Singlife ramps up interest rates of flagship digital savings plan
Half of Singaporeans find it hard to meet conditions for maximum interest rates on savings accounts.
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
Daily Markets Briefing: STI down 0.87%; Top stock is SIA
SIA is the top stock despite a 9.498% decrease.
Lack of AI guidelines puts businesses, customer privacy at risk, study warns
80% of staff want AI guidelines, training in the workplace.
Singapore among the top career locations to move to for APAC workers: survey
Improved salaries and remuneration the main reason for moving.
3-storey shophouse with rear extension in Boat Quay Precinct up for sale
The indicative guide price for the property is $23.65m.
First Sponsor Group’s net profit drops in FY23
The group reported a net profit of $12.5m.
How governments can seize the GenAI opportunity
Generative AI (GenAI) took the world by storm, mainly with the release of ChatGPT in late 2022. This next generation of artificial intelligence (AI) can generate content — such as text, images and videos — across domains without much data or human guidance, based on a given prompt or context.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
Commentary
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