Singapore

Sales value likewise fell, dropping 13.9% QoQ to $922.7m.

If you look at the statistics coming out of the US, it is well documented that in the current economic climate, neither increasing productivity nor decreasing cost delivers increased profits. Unfortunately, the productivity equation that worked so well in the industrial era is no longer applicable. 

59.2% of this volume is from GLS deals.

The request for proposal for the consortiums will be launched by the end of 2023.

The audits revealed 4 common tax filing mistakes amongst companies.

A new entity, Gasco, will lead the procurement of gas supply.

The insurance is underwritten by AIG.

Koh will be managing and expanding LM Re's existing reinsurance portfolio.

Its goal is to aid Singapore’s target of boosting the sector by 50%.

Through the Energy Cooperation Roadmap, the parties will create low-carbon solutions, amongst others.

Given the decline, the REIT proposed a 14.0% YoY lower DPU.

Executive Chairman Ren Yuanlin will replace Toe.

Chng will replace Chan Hon Chew, who will retire on 31 December.

As of the end of September, Singapore’s RevPAR was US$191.6.

Both banks are expected to post year-on-year growths during the quarter.

Fifty-nine per cent of family offices in Asia are in Singapore, according to KPMG.