Singapore

IMDA sets aside $55m to support production of drama series

Part of the fund will go to the development of virtual production capabilities.

4 measures investors and businesses must be aware of in 2024

One of the measures will screen investments in entities critical to Singapore’s national security.

Developers seen tapering bids as gov’t bumps up land sales programme

Sites up for sale include seven private residential sites, an EC plot, a long-stay serviced apartments site and a mixed-use one.

Cloud breaches cost Singaporean businesses $16M on average in 2022

6 in 10 Singaporean cybersecurity officers think cloud security lacking, poses huge risk to businesses

FCT divests stake in Hektar REIT for $36.7m

The company divested over 140 million units in the REIT.

MAS launches code of conduct for ESG rating and data product providers

It also published a checklist for providers to self-attest their compliance with the code.

SingPost increases international postage rates by $0.05

The company will implement the price adjustment on 1 January 2024.

ComfortDelGro imposes taxi fare hike to help drivers defray higher operating costs

The company’s fleet, except limousine taxis, will see a $0.50 increase in flag-down fares. 

Gov’t ramps up private housing supply on Confirmed List to 5,450 units

This marks the highest housing supply on the confirmed list since 2H13.

SGBC, OCBC launches challenge to accelerate sustainability solutions

Winners of the challenge will receive $80,000 funding each.

Consumers call on brands to practice 'regenerative sustainability'

Brands that don’t communicate about sustainability aren’t sustainable, says 54% of consumers.

HDB launches over 6,000 flats for December 2023 BTO exercise

Four of the projects have a waiting time of four years.