Singapore
Singapore Institute of Advanced Medicine Holdings to raise $26.2m in IPO
The company’s IPO was 1.01 times subscribed.
SIAEC posts higher net profit of $26.9m in 3Q23/24
The 3Q23/24 record is an improvement of $14.1m year-on-year.
Tang Congliang steps down as SIIC Environment CFO
He will be leaving the company to pursue “personal development.”
ASEAN stock exchanges collaborates to develop sustainability framework
Creating an ESG ecosystem is amongst the initiatives to drive sustainability in ASEAN.
Non-oil domestic exports grow 16.8% YoY in January
Both electronics and non-electronics NODX rose last month.
SIA Group’s passenger volume soars 23.1% YoY in January
The group carried a total of 3.2 million passengers.
SG, Indonesia ink LOI on carbon capture and storage collaboration
The two countries will work on a legally binding bilateral agreement.
Analysts keep 2024 growth forecasts steady despite lower-than-estimate GDP
RHB sees the economy rising 2.5%, UOB projects 2.9% growth this year.
Daily Markets Briefing: STI up 1.13%; The top stock is DBS
DBS is the top stock with a 2.333% increase.
Logistics rents climb 8% YoY in 2H23
Singapore had the sixth-highest rent growth in APAC.
LIVE UPDATES: Singapore Budget 2024
Finance Minister Lawrence Wong said the budget is the "first instalment of the plans set out in the ForwardSG roadmap."
Budget 2024: 3 tax strategies to offset BEPS 2.0 effects
Should the directive be implemented, selected MNEs will be subject to a global minimum tax of 15%.
Singapore firms’ Budget 2024 wishlist
Businesses are hoping the government will tackle AI adoption and upskilling.
GlobalFoundries' revenue declines 9% in 2023
The company’s net income also decreased 30%.
1 in 3 S’poreans visit Johor Bahru monthly for leisure
1 in 3 S’poreans would like to live and retire in Johor Bahru
New private home sales record lowest drop in 16 years
Delays in obtaining sales permits impacted new launches.
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Commentary
What matters for Singapore’s AI future is consistency, not brilliance
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Singapore’s small exporters need credit that matches their payment cycle
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Why AI blocklists give Singapore firms a false sense of security
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