Singapore

NetLink NBN hit by cybersecurity incident

NetLink NBN hit by cybersecurity incident

The incident does not affect the company's fibre broadband connectivity.

How Tuas Mega Port is charting a new course for SG's industrial property sector

As of 2Q23, total industrial stock in the West Planning Region reached 261.3 million sq ft.

Private residential resale volume slips 12% YoY to 2,748 units in 3Q23

For 2023, OrangeTee expects resale volume to reach 10,000-12,000 units.

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

Mapletree Logistics Trust posts 0.9% YoY higher DPU of $0.02268 in 2QFY23/24

The REIT attributed the increase to contributions from acquisitions and divestment gains.

Demand for embedded finance soars amongst local SMBs 

SMBs (75%) are already looking to switch their banking solution provider.

Hyundai Motor Group Innovation Centre SG looks into cell-based manufacturing

It plans to initially deploy its digital transformation in Singapore before moving globally.

MOM enhances measures to reduce heat stress risk for outside workers

Measures include monitoring of the Wet Bulb Globe Temperature for every hour of outdoor work performed.

75% of Singapore SMEs mull ditching banks for payment needs

1 in 2 of SMEs in Singapore complained of lengthy processing and settlement times.

Aampe innovates to help brands create relevant messages for unique consumers

The startup’s e-commerce client recorded a 6.7% incremental additional purchase events from consumers after generating relevant marketing messages.

Redefining lead: Singapore and London as the globally preferred seats of arbitration

Comparison. /kəmˈparɪs(ə)n/. According to Google’s English dictionary by Oxford Languages, comparison means a consideration or estimate of the similarities or dissimilarities between two things or people. 

Lendela redefines borrowing experience to fight isolation and stigma

The startup offers a matchmaking space where determining one’s eligibility for a loan from a bank requires very limited personal data.

CapitalSG acquires majority stake in a digital health and insurance company

As part of the investment, BIMA MILVIK's holding company has relocated from Sweden to Singapore. 

United Overseas Insurance’s profit more than doubles in 9M23

Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.