Singapore
Geo Energy bags US$220m term loan
The company will use the loan to fund certain acquisitions.
Court orders No Signboard, GuGong to reinstate independent contractor agreement
No Signboard will need to pay $5,000 for its services.
Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024.
Daily Markets Briefing: STI increases 0.06%; Venture is most active stock
Venture traded 1.40% up.
What are Singaporeans' top concerns about renewable transition?
Despite concerns about transition, Singaporeans (61.6%) want fossil fuel subsidies cut.
Carousell Campus launched to enhance recommerce capabilities
It will improve brands’ authentication and inspection.
SATS launches workshops to help suppliers go green
It offers training on the sources of emissions and how suppliers can abate their emissions.
For elusive crypto clarity, the world turns to Singapore
Last year, the collapse of Three Arrows Capital unfairly tainted Singapore’s reputation, among some casual observers, when news outlets across the globe reported the failure of a major “Singaporean” crypto hedge fund. In reality, it wasn’t representative of Singapore at all.
Singapore named world’s top maritime centre for 10th straight year
The city edged 43 other global maritime hubs to clinch the title.
Gov’t to inject $2.4b raised from first sovereign green bond to rail network expansion
The government has already allocated 30% of the funds raised.
Almost half of Singaporeans say they ‘sometimes’ experience food insecurity
Singaporeans cite six reasons for their food insecurity.
EC World REIT releases $2.1m from reserve to repay onshore interest
The REIT has fully repaired its onshore interest expenses due 20 September.
EC World REIT extends trading suspension to resolve ‘uncertainties’
The company said its liabilities have exceeded its assets by $133.2m.
Sevens Atelier vows to cooperate on MAS, CAD probe
The company is under investigation for violation of Securities and Futures Act 2001.
More assets seized from foreigners allegedly linked to money laundering scheme
The total amount of seized assets increased to $2.4b.
NTUC urges gov’t, employers to provide new training support for employees
Amongst the support which employers can provide is a training allowance, said NTUC.
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Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia