Singapore
1 in 4 Australian MNEs doubt COMPASS’s impact on SG’s workforce diversity
1 in 4 Australian MNEs doubt COMPASS’s impact on SG’s workforce diversity
Only half of firms are aware of the point-based system employment framework.
New immigration policies hamper hiring plans of Australian firms with SG presence
Six in 10 Australian firms say obtaining an employment pass has become more difficult.
Strata office units at Sunshine Plaza up for sale
The entire portfolio’s asking price is at $18.4m.
Accor opens five new properties across Asia
The hotel group has introduced over 20 brand-new properties across Asia so far in 2023.
MOM to improve standards of around 1,000 migrant worker dormitories
By 2030, each resident in a dormitory must have 3.6 sqm of living space.
Ian Leong takes helm as Tiger Brokers CEO
He has been in the financial services industry for 13 years.
Tiger Brokers has appointed Ian Leong as CEO, succeeding Eng Thiam Choon, who stepped down in June.
Part-time and flexible work policies encouraged for Merdeka generation
It will encourage sustainable economic stability within this demographic.
One in four young seniors do not have a ‘robust retirement plan’: study
Research on Successful Ageing (ROSA) said only 27% have a “robust retirement plan.”
Yanlord Land Group’s contracted pre-sales drop to RMB26.1b in 9M23
The 9M23 pre-sale translates to a 51.7% YoY decline.
Schneider Electric to invest $1.2m on Singapore’s Sustainable Tropical Data Centre Testbed
Energy leader Schneider Electric plans to invest $1.2m as part of a collaboration with Sustainable Tropical Data Centre Testbed in Singapore, the first data centre testbed in the region.
No Signboard taps Lim Teck-Ean as interim CEO
The company’s current CEO is on leave after being involved in price rigging.
AA REIT sees ‘minimal financial impact’ from Yishun Industrial Park fire
The cause of the fire at 61 Yishun Industrial Park A is under investigation.
AXA XL boosts Singapore team
Her role as an underwriter will oversee the management of risks in political violence and terrorism.
Daily Markets Briefing: STI up 1.03%; Seatrium is most active stock
Seatrium closed 2.40%.
Almost half of B2B companies in SG incur cross-border fees ranging US$10-US$25
The rate is above the average observed in other markets, including the US and the UK.
Gap in expectations between owners and developers hamper sales in the en-bloc market
In July, Wing Tai’s subsidiary withdrew from the sale of Holland Tower for $76.3m.
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Commentary
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