Singapore
Sri Trang Gloves closes subsidiary over recurring operational losses
Its subsidiary reported almost two years of net profit losses.
Marco Polo Marine H2 net profits surged nearly 77%
Growth was driven by its ship chartering and shipyard segments.
Singapore seeks reelection to IMO Council
The 33rd council assembly will discuss developing issues related to the maritime industry.
Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
Daily Markets Briefing: STI declines 0.65%; DBS top stock
DBS is the top stock despite a 0.438% dip.
Yangzijiang Financial to invest $1b outside China over next 5 years
The company plans to increase its investments outside China over the next five years to 50%.
50 Playfair Road sold for $81.8m
The property was hotly contested by end-users, investors and developers.
Elite REIT names new CFO
He will succeed Joel Cheah Zhuo Yue who resigned as CFO to pursue other opportunities.
MAS unveils responses for proposed regulation of DPT service providers
Regulations are expected to take effect in phases beginning mid-2024.
Singapore is 3rd in Asia with most unicorn startups: study
Singapore unicorn companies have an average valuation of $5.93b.
Gov't to require statutory boards to publish yearly sustainability disclosures
Nearly 100% of eligible SGX-listed firms disclosed climate reports.
Singapore amongst top 30 best countries for remote work
Singapore also ranked 1st in the digital and physical infrastructure criteria.
3 in 10 S’poreans choose to travel solo: survey
Jetstar also revealed that most S’poreans prefer to travel in groups.
ThaiBev revenue up 2.5%, net profit slipped 10.9% in 2023
Sales in spirits and beer also saw a decline.
Mastercard, NTU launches new masters program on cybersecurity
The program is tailored for professionals seeking a spot in the cybersecurity space.
Chia-Tern Huey Min named next ACRA chief executive
She is currently a deputy commissioner for the Inland Revenue Authority of Singapore (IRAS).
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