Singapore
SingPost profit up 11.8% to $11.9m
SingPost profit up 11.8% to $11.9m
The group is seeking to raise its postage rates to better cover cost of operations.
CCCS wants public feedback on proposed acquisition of Fujifilm and KMG
The public forum runs from 17 August 2023 to 31 August 2023 at 5 p.m.
Daily Markets Briefing: STI fell 0.52%; The top stock is Seatrium
The most active stock is Seatrium, trading 1.49% up.
New bill balances bargaining power between tenants and landlord in retail leases
A CBRE expert believes the bill will make SG attractive to new entrants in the market.
Singapore trade declines 20.8% YoY in July
This is following a 19.3% YoY contraction in the previous month.
Around 9 in 10 Singaporeans rebalance life priorities post-COVID
They are now prioritising connection with their loved ones and their well-being.
SATS reduces food waste to 2.3% in FY2023
The company eyes using 100% sustainable food packaging by 2030.
10 persons charged with money laundering, forgery, and resisting
Eight other individuals are wanted by the Singapore Police Force.
Singaporeans want more detailed insurance plans, 90% willing to share more data: Capco
Insurance policyholders want more personalised long-term savings products, life insurance, and health insurance.
IOI CBT’s aircon feature to resolve Singapore’s climate crisis
The IOI Central Boulevard Towers use a balanced air conditioning feature to lessen the carbon footprint in the units.
More than six in 10 HR leaders worried about the ethical use of AI
The study also showed that a huge majority of HR leaders are using AI.
Savills to oversee retrofitting of chiller and building management for SG pools
It was appointed to look after the retrofit of chiller and building management system.
SGX-listed Eneco Energy to secure a stake in the Hoe Heng Group of Companies
EEL entered into deals to secure a 48% stake in HHPL.
CLAR secures fifth data centre in the UK for $200m
The data centre is a high-specification Tier III.
Securities turnover grows 19% YoY in July
It increased to $21.5b in July 2023.
MAS in process of tracing funds, assets related to $1b money laundering case
MAS says it has been in touch with FIs where the potentially tainted funds.
SGX net profit grew 10.3% in FY 2023
The total adjusted net profit was $503.2m in FY 2023.
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